Next Generation Development Completes Phase 1 T.O.D. Project – Aurora IL
Next Generation Development (Wheaton, IL) has developed the first phase of the 460 unit development, Metro 59 in Aurora, IL. The project is within walking distance to the Aurora Metra Stop, one of the busiest stop on the Metra line. Phase 1, financed through HUD, is now completed with 4 – buildings which total 232 apartments as well as a 10,000 square foot clubhouse. The project offered an opportunity to create a contemporary rental product within walking distance to mass transit. The Aurora/Naperville market offers numerous apartment options, however, only one other project provides direct access to the Metra Train, is within one mile of a major retail shopping mall and provides the extensive lifestyle amenities that Metro 59 will provided.
The major element of the project is the Metro Clubhouse which includes a leasing center, state of the art fitness center, clubroom/bar and a concierge drop-off as well as outdoor activities featuring a signature pool with spa and grotto, dog park, community gardens and bocce courts.
The Metro 59 luxury apartment development began leasing units in 2015 and will be stabilized in 2018.