Naperville eyeing incentives as a way to persuade home builders to include affordable units Suzanne Baker, Naperville Sun, Ill.
Jul. 1 Naperville may use incentives to encourage developers to add affordable units into their housing plans.
The topic of inclusionary housing was discussed at a recent workshop meeting and the general feeling from council members, as summarized by City Manager Doug Krieger, was that offering inducements would be the easiest way to persuade home builders to include affordable housing in their projects. (Council members) don t want it to be punitive, and we don t want to do something kind of just for show, he said. We don t want to put an ordinance in place that is really not going to move the needle.
After Naperville council approval, CityGate West developers plan to change project s name
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Micro-unit apartments help sell Naperville council on CityGate West plan
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Naperville council to consider revised CityGate West plans
The Naperville City Council on Wednesday is expected to consider revised plans for a $200 million entertainment, residential and hospitality destination proposed for this vacant parcel near Route 59 and Interstate 88. Mark Welsh | Staff Photographer Inter-Continental Real Estate & Development has revised plans for a $200 million mixed-use destination in northwest Naperville to address community and council concerns. Courtesy of CityGate West
Updated 4/5/2021 5:47 PM
After submitting revised plans for the $200 million CityGate West campus in northwest Naperville, developer Aristotle Halikias believes he s a step closer to bringing his family s long-term vision to fruition.
The modifications aim to address several community and council concerns regarding the addition of a hotel and accompanying banquet facilities, the phasing of residential construction, improvements to the dormant Odyssey