Home News Developer eyes downtown Yorkville for residential, dining, entertainment complex

Developer eyes downtown Yorkville for residential, dining, entertainment complex

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Developer eyes downtown Yorkville for residential, dining, entertainment complex
Developer eyes downtown Yorkville for residential, dining, entertainment complex

YORKVILLE – Pat Harbour has a imaginative and prescient for downtown Yorkville as a eating and leisure vacation spot.

The Yorkville developer plans to remodel three of the historic downtown’s most notable properties into eating places, ingesting institutions, residential flats and a brewery.

“We’re not going to be Disney, however I see a multi-use leisure advanced,” Harbour mentioned.

One of many properties is the city-owned Van Emmon Exercise Heart constructing on the southeast nook of South Bridge Road (Route 47) and East Van Emmon Road.

The opposite two are positioned alongside East Hydraulic Avenue and embody the grain elevator and silos which can be one thing of a Yorkville icon, together with the previous Farm Service property, which is now vacant.

Harbor instructed the Yorkville Metropolis Council on Sept. 27 that he already has contracts to buy the silo property and the previous FS web site.

Metropolis officers are wanting to promote the Van Emmon Neighborhood Heart, a former financial institution constructing that had as soon as been eyed as the longer term Yorkville Metropolis Corridor.

“We’ve all wished to see this occur,” mentioned high-profile Yorkville lawyer Boyd Ingemunson, who’s representing Harbour and his KEH Growth group in reference to the challenge.

Attorney Boyd Ingemunson speaks to the Yorkville City Council on behalf of his client, developer Pat Harbour, about plans for a project in the city's downtown, on Sept. 27, 2022.

Aldermen authorised a pair of inducement resolutions paving the best way for KEH to obtain funding from the 2 tax-increment financing districts through which the properties are positioned.

“The inducement resolutions commit the Metropolis to nothing,” Metropolis Administrator Bart Olson mentioned. “They merely state that the developer has requested TIF help, that town has acknowledged that request and that we’ve protected the developer’s potential to obtain TIF help for objects sooner or later ought to town approve a TIF settlement later.”

Extra instantly, the council’s motion units the stage for town and KEH to start negotiations over the Van Emmon property, together with each the sale value and the small print of the redevelopment challenge.

Harbour mentioned he plans to repurpose the constructing, quite than tearing it down.

The grain silos are also to be left standing and included right into a challenge that features a restaurant and brewery.

To the west of silos is the previous FS property, which extends from East Hydraulic Avenue a block south to Van Emmon Road. The location is strewn with rubble and solely the constructing’s basis stays.

Harbour mentioned that underground parking will probably be part of the general challenge.

“We’re making the most of the slope,” Harbor mentioned.

The Van Emmon property, the most important of the three, is first on Harbour’s checklist for redevelopment and he hopes to get renovations underway subsequent spring.

The city of Yorkville's Van Emmon Activity Center at the southeast corner of Route 47 and East Van Emmon Street in downtown Yorkville is being eyed by KEH Development.

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