Friday, March 8, 2013
Wheaton 121 offering pre-leasing for downtown apartment complex opening this summer.
Developer Morningside Group is now offering pre-leasing beginning March 15 for apartments in Wheaton 121, a six-story apartment complex opening at 121 N. Cross St. in downtown Wheaton this summer. “There has been a great deal of interest in Wheaton 121 since we broke ground last summer,” David Strosberg, president of Morningside said in a statement. “The modern design of the homes, high-end finishes, and upscale amenities will make this the finest rental community in DuPage County. Both long-time Wheaton residents and potential renters are excited about this vibrant addition to downtown Wheaton.” Available floor plans include loft, studio, one bedroom/one bath, two bedroom/one bath, two bedroom/two bath, and three bedroom/two bath plans. …
Thursday, January 17, 2013
Wheaton Mayor Mike Gresk will deliver his "State of the City" address twice Thursday at a Wheaton Chamber of Commerce lunch and a community forum.
Wheaton Mayor Mike Gresk on Thursday will address the city's goals for 2013 at his annual State of the City address noon at Arrowhead Golf Club and 7 p.m. at the Wheaton Community Center. Gresk recited the address Wednesday at a Wheaton Rotary meeting, covering the city's four strategic priorities, including financial stability, quality infrastructure, efficient and effective services and economic development. City Council in 2011 set the following goals to guide Council and staff decisions: Financial Stability The goal: To maintain a positive financial position with a long-term perspective of achieving greater reliance on local revenue sources. Ensure that operating revenues and expenditures are in balance, while continuing to invest in…
Wednesday, December 26, 2012
Wheaton residents can expect a few major business openings in 2013, including Mariano's Fresh Market, Walgreens, two restaurants and more.
As we head into the new year, Wheaton residents can expect quite a few new businesses to pop up around town. Arguably the biggest development underway is Mariano's Fresh Market at 625 Main St., the former Hubble/Wheaton Central school site. Developers predict the store will open in October 2013. Bricks Pizza, set to open this fall and delayed to mid-December, should open early 2013 and Warren's Ale House, also set to open in fall 2012, should also be open early in the new year. Aveda, 109 N. Main St. should open in 2013 after a few delays in fall 2012. City officials say Aveda owners still have not obtained their building permit. Walgreens developers told city officials the new store at 2191 Roosevelt Rd. could open in June 2013. Wheaton …
Friday, September 21, 2012
An interactive map helps you keep up on a few major projects in Wheaton, including Mariano's Fresh Market, Walgreens, Wheaton 121, Aveda, Bricks Pizza and Warren's Ale House.
Patch has been keeping up with development projects in Wheaton, as they've gone before the zoning board and City Council, broken ground and been under construction. Here is a timeline of what residents will see open in Wheaton: Bricks Pizza, 103 E. Front St. Aveda, 109 N. Main St. Warren's Ale House, 51 Town Square Walgreens, 2191 Roosevelt Rd. Wheaton 121, 121 N. Cross St. Mariano's (Hubble), 625 Main St. The map is interactive, meaning you can zoom in, zoom out, or move it around to see all the plotted points. Floating your cursor over one of the markers will give you the name of the new business. Double clicking on the marker will give you more information. There are plenty of ways to keep up with Wheaton news:
Tuesday, July 17, 2012
Officials and developers participated in a groundbreaking ceremony for Wheaton 121, a luxury apartment complex in downtown Wheaton Monday afternoon.
The construction of a luxury apartment complex in downtown Wheaton will begin any day now, after city officials and developers broke ground at the site Monday afternoon. Designed by Fitzgerald Associates Architects, Wheaton 121 will consist of five levels of apartment homes and a two-level indoor parking garage with over 400 spaces. Floor plans will include five studios, 212 one-bed/one-bath homes, 66 two-bed/one-bath homes, 19 two-bed/two-bath homes, and four three-bed/two-bath homes, according to a press release from Morningside. Keep up with Wheaton news on the Wheaton Patch Facebook page, and sign up for our free daily newsletter! All apartment homes will feature 9-foot ceilings, granite countertops in kitchens and baths, stainless …
Tuesday, July 3, 2012
City Council passed a redevelopment agreement with Morningside Equities for the construction of a 306-unit building on a vacant block in downtown Wheaton.
The Wheaton City Council approved a redevelopment agreement with Morningside Equities Monday night for the construction of Wheaton 121, a luxury apartment complex at 218 Wesley Street in downtown Wheaton. Morningside will use TIF District 2 funds for public improvements, including public plazas, street lighting, curb improvements and public benches. Keep up with Wheaton news on the Wheaton Patch Facebook page, and sign up for our free daily newsletter! The council approved the details of a letter of credit and subordination agreement with the developer. The letter of credit is for $500,000, with interest payments from the city as part of the TIF reimbursement. City Manager Don Rose said the payments are expected to be about $10,000 a year …
Tuesday, June 19, 2012
Developers raise concerns over length of process to gain approval for project.
City officials held off Monday night on a formal decision for a downtown apartment complex proposal. The debate centered on the city's participation in offering financial assistance to the developer, Morningside Equities, as well as assurances the city would be protected financially should the project not come to fruition. Council members differed on the need for a letter of credit to minimize the city's financial risks for laying out approximately $500,000 in upfront infrastructure costs. City Attorney James Knippen said final details of a letter of credit would be ironed out between the city and Morningside's lender, which is investing $42 million on the project, according to Morningside President David Strosberg. With the letter of …
41.866105
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218 W Wesley St, Wheaton, IL
/articles/city-developer-reach-agreement-for-luxury-apartment-complex-in-downtown-wheaton
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Friday, February 17, 2012
Board tells developers planning to build downtown apartment complex they wouldn't support waiving impact fees of about $336,000.
The Wheaton Park District board of commissioners told a developer planning to build a luxury apartment complex in downtown Wheaton the district would not support waiving fees that a city ordinance requires developers to pay the district. As developers move into Wheaton, they are required under a city ordinance to dedicate land for park purposes or contribute cash in lieu of land dedications—or both. Developer Morningside Group hopes to reduce, or be waived of, impact fees of about $336,000 because of its amenities. Morningside Group is proposing to build Wheaton 121, a 300-unit luxury apartment complex at 218 Wesley Street that will include a fitness center, a courtyard for residents, public plazas on the corners of Front and Cross and …
Thursday, February 16, 2012
Five board members spoke highly about a developer's plans for an apartment complex in downtown Wheaton, but two had concerns that kept them from supporting a Planned Unit Development approval.
Wheaton's planning and zoning board will recommend denial of a Planned Unit Development (PUD) for a developer planning to build Wheaton 121, a 300-unit apartment complex in downtown Wheaton. With two members absent Tuesday, the board voted 3-2 in favor of a recommendation to approve the PUD, one ‘yes’ vote short of the required four to recommend approval to City Council. Board members Mark Sargis and Neil Pollock lauded developer Morningside Group’s plans for the $60 million project, but had concerns that kept them from supporting it. Sargis voted ‘no’ because of a reservation about the proposed height of the building. Neil Pollock voted ‘no’ because a recommended condition related to the developer’s use of green initiatives in …
HotDiggityDawg
7:01 pm on Thursday, January 17, 2013
There was probably no slight intended. Mike and Phil have worked together for a long time. Side note - I'm sure Ralph is flattered that someone thinks he has that much clout, but I can safely say: he's not the type to apply that pressure and if he were; Mike would be the last guy to give it a thought. more ›