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Historic, Diverse, Revitalization...
 

Introduction
With a history of manufacturing, the City of Aurora thrived during America's industrial expansion. Goods made in Aurora -- from motorcycles and silverware to locomotives and woolen goods -- were sold and shipped all over the U.S. thanks to superb access to rail transport.

Even as northeastern Illinois experiences dramatic growth and change, Aurora retains its urban identity and pride, rooted in nearly 150 years of history. Our population is quickly approaching 160,000 residents, making us Illinois' second-largest community and ranking us among the fastest growing cities in the United States. Aurora encompasses nearly 39 square miles of land in Kane, DuPage, Kendall and Will Counties. Recent census data reflects Aurora's diverse demographics, with a median age of 29.3 and a population that includes 68% white, 11% black and 33% Hispanic residents. Housing is 70% owner-occupied. For the population age 25 years and older, 75.6% are high school graduates, with 29.9% holding a bachelor's or advanced degree.


Discover Downtown
As a key hub within a region that is expanding southward and westward, downtown Aurora makes an ideal location for specialty retail and entertainment-related businesses. Nearly all or part of Aurora, North Aurora, Montgomery, Oswego, and Sugar Grove are within five miles of our downtown neighborhood. Total population within that five-mile radius is 219,950 with 72,295 households; 60% of those households have an income over $50,000. Within a 10-mile radius of downtown, the population is 477,789, comprised of 160,518 households; 69% of those households have an income over $50,000. Within a 15-mile radius of downtown, more than 50% of households have an income of $75,000 or more.

Suburbanites are rediscovering urban downtowns in their quest for quick access to commuter rail service, unique and interesting architectural spaces, and neighborhood-based entertainment opportunities. Downtown Aurora is well-positioned for the development of market-rate housing in a walkable/bikeable/transit-oriented setting, with the potential for live/work loft conversions as well as upper-end residential units mixed with retail and commercial spaces.

The Aurora Downtown neighborhood covers 28+ blocks and is strategically located, with Illinois Routes 25 and 31 running north and south through the neighborhood and linking to the entire Fox Valley region. Access to I-88 is less than four miles from the heart of downtown Aurora, providing a direct route to the Chicago Loop and regional expressways. Commuter rail service is available via the Burlington Northern Metra line, with a station located within comfortable walking distance of the downtown core. Our neighborhood is home to a wide range of businesses and services: banking, retail, dining, entertainment, museums and cultural venues, professional offices, education and social services, plus nearly 500 residential units.

The heart of downtown Aurora, and of the city itself, is the Fox River. The river bisects our neighborhood and can be viewed not only from eight historically significant bridges, but also from the FoxWalk, an inviting pathway bordered with landscaping, benches, fountains and vantage points overlooking two major dams between New York Street and Galena Boulevard. The Fox River Trail system is easily reached from downtown Aurora. It provides a scenic, natural respite for bicyclists and hikers in the midst of a highly-urbanized neighborhood.

Much of downtown Aurora was constructed on Stolp Island, which was listed in 1986 as a district on the National Register of Historic Places. The island is home to over 20 significant historic structures, including buildings featuring outstanding examples of terra cotta cladding and decorative architectural elements. In 1989, La Salle Street between Downer Place and Benton was listed on the National Register of Historic Places as the La Salle Street Auto Row Historic District.


Financial Incentives
In 1986, the City of Aurora created a Tax Increment Finance District to provide investor assistance for developers interested in undertaking building rehabilitation projects and bringing new businesses to downtown Aurora. TIF District #1's boundaries extend from Spring Street on the north to Benton Street on the south, and from Lincoln (east) to Lake (west). Programs include:

  • Exterior Restoration Grants
  • Interior Rehabilitation Grants
  • Architectural Grants

In addition to TIF district money, gaming tax revenue, Community Development Block Grant funds, and Home Rule Sales Tax all have been used to leverage private-sector investment. Loans to qualified developers are also available through local, state, and federal initiatives. The commitment of public funds to streetscape and infrastructure improvements in downtown Aurora is on-going.

Interest in historic building interior rehabilitations and façade restorations continues to grow. In the time period from 2000 through 2005, over 500 projects received Design Review approval for exterior work. Over 60 building owners took advantage of financial incentives from the City of Aurora to renovate property, accommodating new businesses and residents. The value of commercial building permits issued in the Downtown Core (DC) and Downtown Fringe (DF) zoning districts from 2000 through 2005 exceeds $51 million. Clearly, old buildings are finding new lives and creative re-uses.


What is Aurora Downtown?
Aurora Downtown is an association of approximately 250 property owners within the neighborhood generally bounded by Lincoln Avenue, Lake Street, Spring Street, and Clark Street. We are a Special Service Area, governed by a 24-member board of directors, half of whom are elected by the general membership. The remaining directors are appointed by various agencies that have an interest in downtown Aurora. We tax ourselves at a rate of 1% of our property's equalized assessed valuation. The money collected is used for improvements to the neighborhood such as:

  • Sponsorship of events, including Downtown Alive!, the Midwest Literary Festival, and the Walter Payton Sweetness Run;
  • Holiday decorations featuring an 8-story signature shooting star and tree atop the Leland Tower (Fox Island Place);
  • Street planters, hanging baskets, trees, and landscaping;
  • Banners, an award-winning cell phone tour that details the history of our neighborhood, and the Window Galleria art program;
  • An infrastructure maintenance partnership with the City of Aurora; and
  • Leadership of the environmental restoration project, "Help Plant Aurora's Riverbanks"

Aurora Downtown does its work through active committees, open to any business or property owner wishing to help improve the neighborhood. The Aurora Downtown partnership includes the Aurora Area Convention and Visitors Bureau, the Aurora Civic Center Authority, the Aurora Economic Development Commission, the Greater Aurora Chamber of Commerce, the Aurora Hispanic Chamber of Commerce, the City of Aurora, Hollywood Casino-Aurora, and Waubonsee Community College.


Where can I get more information?
Karen F. Christensen
One South Broadway, Aurora, Illinois 60505
630-844-3670; kchristensen@aurora-il.org.


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