A proposal to build 410 residential units, 170,000 square feet of restaurant, retail and medical office space and two full-service hotels has been submitted to the city of Naperville by Inter-Continental Real Estate and Development.
CityGate West, a $200 million development described as an “art-inspired community,” is planned for a 100-acre site at the northwest quadrant of the Interstate 88 and Route 59 intersection, the developer said in an announcement for the project.
When finished, the “live, work, play, stay” community — described by Inter-Continental as a “formal gateway” to the city’s north side because of its highly visible location — will generate millions of dollars in tax revenue, the release said.
Naperville Mayor Steve Chirico agreed, saying the development will have a “significant economic impact” as well as a visual one. The owners of CityGate West and CityGate Centre are working together to ensure their buildings on both sides of Route 59 are aesthetically similar, he said.
“It sounds very well thought out and it looks pretty neat,” Chirico said.
The CityGate West property is already home to the WhirlyBall and the Topgolf sports entertainment venues, and is located across Route 59 from CityGate Centre, which includes Calamos Investments, Hotel Arista, Che Figata restaurant, CityGate Grille and several smaller businesses.
Also in the works for the area is a 285-unit luxury apartment building with a rooftop event venue and a sports and entertainment complex with ice hockey rinks that can also be used for large events, including concerts.
Aristotle Halikias, president of Inter-Continental Real Estate Development, unveiled general plans for CityGate West in November, when the company said it would be joining forces with Naperville Century Walk to create an arts district on the property.
In announcing this week that development plans were moving forward and had been given to the city for review, Halikias said he believes Naperville and DuPage County will see strong growth as the region’s economy recovers from the coronavirus pandemic.
“We continue to make substantial commitments in Naperville because we believe the city can and will recover,” Halikias said in the release. “Development is driven by numbers, and we like the potential for sustained growth in the area over the long term.
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“When we overcome the economic and public health crises that confront us today,” he said, “CityGate West will be a safe, arts-focused community with access to sustainable open spaces that regenerates and revitalizes the economy in Naperville and DuPage County. It reflects our belief in the community and its potential.”
CityGate West will feature luxury residential units in multiple buildings being designed to appeal to couples, singles and empty-nesters wanting to downsize, the release said. The development will also have entertainment venues and two hotels with a total 208 rooms centered on it being a destination for public events, including art shows, sports events, concerts and festivals.
The arts district in CityGate West will be created in partnership with the Naperville Century Walk, which will move its headquarters to the development and be responsible for providing the art, the news release said.
“CityGate West will be inspired by art, as opposed to an afterthought, where art comes after the fact or is required,” Halikias said.
The site includes the now-closed adjacent Odyssey Fun World at 3440 Odyssey Court. It’s not known if the building will be repurposed or demolished.
CityGate West is not requesting any financial incentives or subsidies from the city for the development.