Updates & News

Fox Valley Developers: Statement on Approval of Historic Redevelopment Agreement

28/08/2018

Landmark Agreement Reached to Spur Investment in Former Copley Hospital Property in Aurora
New Owners to Immediately Remediate, Preserve and Secure Campus for Future Redevelopment

The City of Aurora has reached a landmark redevelopment agreement regarding the 340,000 square foot historic Copley Hospital campus that will facilitate an immediate environmental remediation of the property and its transfer to a new ownership group, Fox Valley Developers, LLC.

“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,” said Mayor Richard Irvin. “T