Long-range visioning into a dormant series of parcels in an area of 5th Avenue within Naperville will get underway next month as a nonprofit organization comes into the community and brings together upwards of 100 people to discuss future possibilities for the high-profile site.
The parcels in question have been discussed for years, with a series of on-again, off-again talks about redevelopment efforts. The parcels are situated on a 13-acre site, which includes city-owned land near the 5th Avenue train station.
Urban Land Institute’s role in visioning process for 5th Avenue redevelopment
Last fall, the city council gave the green light to apply for a technical assistance panel study through the Urban Land Institute . In February, the city was notified the Urban Land Institute had accepted the application, and an agreement was inked in March.
With the granular details hammered out, Urban Land Institute representatives have set in motion a timeline for its visioning process, which will include facilitating a series of panels on June 10 and 11 within Naperville…