Just three months after approving a $78 million deal with DAC Development for 246 residential units on the east side of the Fox River, the City of Aurora has approved another residential deal just across the river with another developer.
An agreement for a $53 million residential development on the west side of the Fox River has been approved with the Windfall Group, the same developer who built Pacifica Square on Aurora’s far eastside.
The new west side development will have 160 rental units, including 140 apartments and 20 townhomes, on 3.3 acres just south of the new pedestrian bridge – which, according to the city, has been a significant attraction and decisive factor for developers on both sides of the river.
Together, the DAC Development on the east side of the Fox River and the Windfall Group Development on the west side of the Fox River will bring more than 400 new residential units to the area.
It is expected that plans for final permitting and groundbreaking will occur in Spring of 2023.
