Open House Scheduled to Discuss Water Street Project
Marquette Companies, the developer of the proposed Water Street project, will hold an open house to gather community input on the development Jan. 17.
Marquette Companies, the developer of the proposed Water Street project, will hold an open house on Jan. 17 to provide more information about revised plans for the development for Naperville residents.
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The open house will be held from 4 to 7:30 p.m. Jan. 17 at Naper Settlement's Pre-Emption House on the corner of Webster Street and Aurora Avenue.
The proposed project would sit south of the Riverwalk between Main and Webster streets and hold a hotel, retail shops, restaurants, office space as well as a parking deck.
In December, Naperville City Council voted 5-4 to send the plans for the development back to the planning and zoning commission. Marquette Companies is set to unveil newly revised plans during the open house.
“We’ve been working diligently with city staff, our architects, traffic and parking specialists to address the issues brought up in public meetings and by members of the City Council,” says Nick Ryan, Managing Director of the Marquette Companies in a release. “We are revising our plans to reflect the specific concerns and we believe that the updated plans will meet the guidelines and spirit of the Water Street Vision Statement and the Naperville Downtown 2030 Plan.”
Some residents reject the plan altogether, while others have said they would be more comfortable with reducing the height of the development to three stories or less.
In a Patch Poll, 46 percent of readers said they support the project, 3 percent said they would support it if the height of the hotel was reduced and 42 percent said they do not support the project because it is too big for the downtown area.
Ryan said that the open house will allow Marquette Companies to gain valuable community input regarding the Water Street project.
“As we move forward in review with staff and the council, we hope to garner response from the community to ensure that the plan we ultimately present in February will be an outstanding and viable development for Naperville,” says Ryan. “Marquette is a Naperville-based company and several of our partners and investors live in Naperville. Our desire is to have Water Street be a thriving mixed use development that we all can be proud of.”
Revised proposed plans will address building height, streetscape, site plan, hotel amenities as well as parking and traffic management. The open house will also address the types of retail and restaurant amenities proposed for the development.
Do you support the Water Street project? Let us know in our poll or in the comments below.