In 1980, the first legal lofts came to Chicago at 501 N. Wells St, in a project developed by Jack and Marc Berger called the Loftworks On Wells. Critics predicted that lofts would never come to Chicago – that it was a “New York thing.” In 1980 and 1981, three dilapidated old buildings were redeveloped into open spaces with a sculptured interior core containing the kitchen, bathrooms and mechanical areas. This unique development sold out in a matter of months, and the area now called River North was born. River North – once a vagrant-ridden area of vacant lots, warehouses and buildings and cheap greasy-spoon restaurants – became the place to be over the next five years. Warehouse turned into residential homes and art galleries, on vacant lots arose high-rise condominiums, empty buildings became office space for the creative arts, and what once was old and tired became new and exciting.
Downtown Aurora stands at the threshold of a new beginning. Opening in September 2011 is the new $50 million dollar Waubonsee College campus to service 10,000 students from the western suburbs. At the other end of downtown, another development of over 100 new residential units, complimented by retail, commercial and restaurants called River Street Plaza has been completed and is occupied. Several other properties have recently been acquired for residential development in the downtown area in the near future. With these residential developments other retail and office uses will follow.
Downer Place Lofts is in the forefront of the exciting new downtown being developed as a partner with the Aurora Economic Development team called "Seize the Future." The time is now to become part of the exciting future of downtown Aurora.
Each loft, both one bedroom, one bath and two bedroom, one bath, is spacious with high ceilings, industrial exposed round ductwork, large windows for lots of natural light, individually controlled heating and air conditioning, and a dramatic two story entry lobby with two modern glass elevators. Parking is available.