The Aurora City Council has approved a development agreement to get the former Copley Hospital property on the near East Side of the city cleaned up.
The development agreement with Fox Valley Developers LLC includes the city contributing as much as $3 million toward the estimated overall cost of about $12 million to clean up the site.
It also puts the city and the developer on track for a possible renovation of the former hospital buildings into a residence and care facility for seniors and individuals with special needs.
“We’re finally dealing with a property that has been a problem for a decade,” said Mayor Richard Irvin. “After decades of decay and delay, we are moving forward with a partner who will immediately improve the campus by removing the environmental hazards and toxic debris, so that the property can be completely redeveloped.”
Fox Valley Developers is a partnership with connections to Aurora.