Oswego approves plans for 811-unit housing development

Project will include single-family homes, multifamily housing

The land in Oswego approved for 811-unit housing development (Google Maps, Getty)
The land in Oswego approved for 811-unit housing development (Google Maps, Getty)

An 811-unit residential development is coming to Oswego.

The village board approved a concept plan for D.R. Horton Midwest to build 490 single-family units and 321 multifamilies on 227 acres of undeveloped land south of Wolf’s Crossing Road, the Aurora Beacon-News reported. The village’s Planning and Zoning Commission recommended approval earlier this month.

D.R. Horton’s Chris Funkhouser told the board that his firm has built more than 1,000 homes in communities including the villages of Manhattan, Wonder Lake and Hobart, Indiana.

The developer proposed building five different types of housing in Oswego to “create a unique, multi-generational community for every stage of life.” It will have townhouses, duplexes and single-family homes.

A compact community with preserved open spaces offers more choices for housing, Funkhouser told the outlet. The concept will incorporate miles of trails that will add to the village’s network of them.

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Plans show a pool and clubhouse as well as five small “pocket parks.” Each neighborhood will have its own open space designed for the needs of each community that connect to other parts of the development, including the central park area.

The board also heard plans to include 200 rental properties. It hasn’t made a decision on those yet.

Funkhouser said the company’s research will help determine if and how many rental properties it wants to include in the project and said a typical neighborhood would have about 100 rentals, ranging from townhouses to single-family cottages.

Construction is expected to begin in 2023.

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Jake Parker (Kiser Group, Marcus & Millichap)
Commercial
Chicago
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