What does the residential component of the project entail?

This is a transit oriented development which includes 107 luxury apartment units on the second through fifth floors. Transit oriented developments (TOD’s) are common in many suburban downtowns due to proximity to train stations and convenient businesses. Units will include a mix of studio to two bedroom luxury apartment with expected rents ranging from $1,770 to $3,326 per month. The developer has the ability to convert one bedroom units to two bedroom units if demand is higher for larger units. The units are being constructed to allow conversion to condos units if desired in the future. The building will feature several common spaces including a rooftop pool, barbeque area, party room (with a shared kitchen), fitness and yoga room, conference rooms and a golf simulator.

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1. Where is the Apex 400 project located?
2. What do the long range Village plans show as an appropriate use of this site?
3. How long has this site been vacant?
4. What are the current commercial vacancy percentages in the downtown?
5. What type of public outreach was conducted surrounding this project?
6. What does the residential component of the project entail?
7. Is there a need for this type of housing in the Village?
8. Has the Village rejected previous development proposals for the site?
9. What is the commercial component of this development?
10. Will the Village lose any parking as a result of this project?
11. How long will the parking structure at this location be under construction?
12. Is the Village selling the Main Street parking lot land to the developer?
13. How will the public be able to access the first floor public parking?
14. Why is the Village not requesting additional public parking to be provided?
15. Has a traffic analysis been performed to identify the impact of increased traffic from the proposed development?
16. Were the traffic studies conducted on atypical days when some schools had not yet begun?
17. How is the building height in comparison to others in the downtown?
18. Are the number of zoning requests for this project typical?
19. Is the size of the building appropriate for the site?
20. Does the building meet the Village’s Appearance Guidelines?
21. Will sunlight be diminished on the street as a result of the development?
22. Will the project result in the loss of commercial square footage in the downtown?
23. How much is the Developer expecting to invest and what is the financial impact to the Village of Glen Ellyn?