Project Description:
The mixed use development coming to the Old Village Hall site in downtown Lisle includes 202 well-appointed apartment homes in five stories on Burlington Avenue and three to four stories along Main Street, with indoor parking for residents and tenants, as well as 35 new on-street parking spaces. Some 14,000 square feet of new commercial space will add restaurant and retail uses that will strengthen the commercial district, build foot traffic and enhance Downtown Lisle as an attractive dining destination. The development will feature a new public plaza offering outdoor dining and gathering at Main Street and Burlington Avenue, as well as an additional public plaza at Spencer Street and Burlington Avenue. Two rooftop amenity deck along Burlington Avenue will offer outdoor recreation for residents.
The $50 million investment promises to be a catalyst for additional development and business growth Downtown. With a projected 10% growth in residential traffic, the area will be ripe for additional retail, restaurant and office development in coming years.