Lemont Station Area Planning Study
The Village revised their zoning ordinance in 2008 per a recommendation in their Station Area Plan and developed a Unified Development Ordinance, which allows them to provide optimal transitions between incompatible land uses, incorporate design controls, and focus on transit-supportive uses.
The Front Street Lofts, an 82-unit condo loft development located in the TOD area along the I&M Canal, is completed and occupied. Additional residential and mixed use development has taken place along Talcott Ave., also in the study area.
In January 2015 the Village held a Developer Discussion Panel coordinated through the RTA and ULI to solicit advice from development experts on ways to proactively attract infill development near the Metra Station along two Downtown corridors, Main Street and Canal street. The report can be found in Related Reports.
Initially identified as an opportunity site in the plan and followed up on in 2015 during the Developer Discussion as remaining viable for redevelopment, the former Peterson’s Hardware properties located at 225 Canal Street in downtown Lemont is now the “Marbella of Lemont”. Completed in 2024 and with assistance from Village TIF funds the site is now a 5-story mixed-use building with ground floor retail and 79 apartments, conveniently located near the Lemont Metra Station.
| Source | Amount |
|---|---|
|
Local |
$20000.00 |
|
Federal |
$80000.00 |