Metro 19 Apartment Development
The Village Board voted on January 11, 2021 to approve the $80 million transit oriented Metro 19 luxury apartment complex development, which will be located north of the Roselle Metra station off of Lawrence Avenue. This type of development was specifically recommended in the Village’s Comprehensive Plan, adopted in 2016.
Work on a public and private partner redevelopment agreement for the proposed Metro 19 luxury apartment and parking garage project to be located adjacent to the Roselle Metra Station on Lawrence Avenue near Irving Park Road took over a year-and-a-half. Details such as financing, land exchange agreements, and right-of-way approval from outside agencies such as Metra and the Illinois Department of Transportation were finalized and submitted for Village Board approval. The process also involved receiving recommendations for approval by the East Irving Park TIF Advisory Commission and the Planning and Zoning Commission before ultimate approval from the Village Board. The developer hopes to break ground on this project during spring 2021.
400 Roselle LLC submitted an application for several zoning requests associated with constructing a 5-story, 293 unit luxury apartment building, and an attached 5-story parking garage structure. The project area is located at the southeast corner of Lawrence Avenue and Irving Park Road. It includes part of the existing Metra daily-fee parking lot, the former Ray Graham site, and some of the under utilized land near the BMO Harris Bank location on the corner. The 5-story parking garage will include 540 spaces, including 153 spaces dedicated permanently to Metra riders.
This project is considered a Transit Oriented Development (TOD) as it located close to public transportation, the Roselle Metra Station. This project also aligns with goals set forth in the Village’s 2016 Comprehensive Plan and the Village Board’s Strategic Plan which call for increased density near the Metra station and further development of the East Irving Park Road corridor. The ultimate goal is to create an elongated Town Center which would connect the Town Center near the Municipal Complex with the area near the Metra station.
The Metro 19 project is also located within the Village’s new East Irving Park Tax Increment Finance District (TIF). The Village’s East Irving Park Road TIF Advisory Commission considered the developer’s financial requests during their January 5, 2021 meeting. Learn more about TIF Districts in the Village of Roselle here.
Renderings of the buildings, a site plan, and shadow study are available to view here. To view additional plans or to ask questions, please call Village Planner Caron Bricks at (630) 671-2806 or email email@example.com.