Kane County Connects: Landmark Agreement Reached on Old Copley Hospital
“Last night (Tuesday, Aug. 28, 2018), the Aurora City Council approved a landmark redevelopment agreement regarding the historic former 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.
(CREDIT: city of Aurora)
“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. “This property has been a detriment to the community for far too long and its repurposing is of economic significance to all of Aurora.”
Fox Valley Developers, LLC is an Aurora-area group of business leaders who have come together with the shared vision of preserving, restoring and repurposing the historic campus. Members of the development and investment group include Jason Konrad, Russell Woerman, Paul Konrad, Dr. Stathis Poulakidas, Ronald Woerman and Michael Poulakidas.”