GLEN ELLYN – Wheaton-based developers with a conceptual plan to construct a multi-purpose building at the site of McChesney and Miller received feedback from the Village Board at a workshop meeting Monday.
Next Generation Development LLC, the company planning the project, presented the details to the board. Nothing has yet been finalized.
Proposed is the construction of a six-story building that would occupy the McChesney and Miller property, the Crescent/Glenwood parking lot to the south and a portion of Crescent Boulevard.
If the project moves forward, a full traffic study evaluating the effects of the road closure and resulting traffic distribution would be requested.
A portion of the first floor totaling 3,774 square feet would be set aside for retail space. The rest of the first floor would be used for parking. Floors two through six would be residential, with an expected 180 units, according to Next Generation CEO James Hughes.
Hughes said there would be 24 studio apartments, 110 one-bedroom apartments and 42 two-bedroom apartments. The rent would range from $1,210 to $2,235.
The complex would feature a rooftop pool, lounge, 24-hour fitness center, business center, energy-efficient appliances and security cameras, among other things.
There would be at least two floors of parking: One at ground level and one at basement level. Alternative plans include a second basement level of parking.
Without the second basement parking level, the village would lose 12 public parking spaces to the project. Adding a second level increases the number of spaces to 156.
Glen Ellyn Historic Preservation Commission member Lee Marks warned the developers about constructing something that would clash with the downtown historic district.
"This building is totally unattractive in my opinion," Marks said.
Glen Ellyn Chamber of Commerce President Mike Formento said he wanted more street parking to promote shopping downtown.
"Overall I think we're headed in the right direction," he said.
The project would need a height variation in order to move forward, as downtown zoning restrictions only allow buildings to be as tall as 55 feet. The proposed building would be 64.1 feet.
The project was presented to the Plan Commision in April.
"The Plan Commission was supportive of their project," said Planning and Development Director Staci Hulseberg.
Next Generation made several requests Monday for incentives totaling $7.28 million, said the developer's managing director, Antonio Bismonte. They include $1.91 million for the Crescent Boulevard right-of-way, $1.75 million for public utility relocation, $2.8 million for 112 parking spaces and $834,743 to help Next Generation increase its yield on the project.
If a second basement level of parking were built, the developer would ask for another $4.34 million.
Trustee Tim O'Shea expressed concern about those figures, calling them "large."
The presentation was conceptual in nature. Plans would have to go through several steps before being introduced at a non-workshop Village Board meeting.
Note to Readers: A version of this story containing an error previously ran in print and online. The village of Glen Ellyn's downtown zoning restriction for building height was misstated. The maximum height allowed is 55 feet. The article has been corrected to reflect this information.