Parking was the problem at Monday's meeting of the Algonquin Planning and Zoning Commission considering a request to change Downtown Riverside Square from 54 condos to 69 apartments. North Barrington developer John Breugelmans promised to have a study ready "before the end of the month" showing he's lined up enough parking space for prospective renters and shoppers at the mixed residential and retail complex.
Breugelmans told P&Z commissioners his 9-month, $250,000 effort to sell Riverside Square condominiums was "a total failure" yielding only four offers and those contingent on buyers' being able to sell their existing homes. Breugelmans said the only way he could get financing to finish Riverside Square was to turn it into apartments but more of those than the condo plan had called for. He said that even though his new plan would add 15 more units there'd only be 10 more residents.
Community Director Russ Farnum, listing 14 staff-recommended conditions for the change, foreshadowed the argument to come saying that he'd only that day learned that Riverside Plaza had lost 8 of the 116 inside parking spaces it was supposed to have due to installation of a sump pump.
Breugelmans, said he'd made an agreement with Ed Wolowiec, owner of Port Edwards restaurant across N. Harrison St., for 40 parking spaces on his building's Algonquin Road frontage. "We have a verbal understanding," he said, which Wolowiec later confirmed.
Commissioner Pat Szpekowski said she still wasn't sure that was enough. "I remember six years ago I was uncomfortable with the parking," she said. "I'm just as uncomfortable now."
"I think it's basically going to come down to parking," agreed Commissioner Dick Hoeferle. "You've made a step in the right direction to go outside the building for parking," he added.
Even adding in the 40 new spaces assumed at Port Ed's, however, commissioners were doubtful there was enough space in Downtown Algonquin for all the parking Riverside Plaza apartments would require. Chairman Jim Patrician summed up the problem. "We need to get people into the building," he said, but added, "We need information specifically on the parking situation."
Half a dozen of 30 people in the audience Monday argued against changing Riverside Plaza from condos to apartments but their opposition was tardy. The Algonquin Village Board grasped that nettle six weeks ago approving the switch, in principal, 5-2. Now the Planning and Zoning Commission's job is to figure out if there's a way to make it work.
In the pic: (Above) Developer John Breugelmans told the Algonquin Planning and Zoning Commission turning Riverside Plaza into apartments is the only way he can get the money to finish the project. (Below) Opponent Trish Kannon-Lloyd told the developer there were already too many apartments in the area and called his plan "A black eye waiting to happen".
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8 comments:
It's built. It's not going anywhere. Do something to get people inside it.
It would seem to me that 116 parking spaces under the building and plus 40 extra spots across the street would be more than enough for the residents and shoppers. Even if for some reason the building ever rents out all of its units, there would still be enough parking. I also believe there it a municipal parking lot down the road
Unfortunately, the Village Board has beeb ratcheted into one bad decision after another. Can you visualize tenants using the Pt. Ed's parking lot off of Algoqnuin Rd./62? Utter chaos at a tight, dangerous intersection Harrison and Route 62.
spelling correction "beeb" should be "been" sorry
Multi family parking always over runs the avalable parking. you'll have four people with four cars living in one unit and there goes the plan.
Tear that eyesore down!
Why doesn't the Village of Algonquin just get out of the way and let the building owner worry about the parking problem? If the prospective residents don't have parking, they won't live there. Duh.......
How do you expect them to tear down a building with two levels of parking cemented into the ground?
It used to be an eyesore and for some reason people still think it is. It is a nice building, just in the wrong location
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