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Geneva Ready to Unveil SouthEast Master Plan

Housing across the street from the ballpark, big swaths of industrial property and an extension of Kautz Road all the way from Route 38 to Fabyan Parkway are parts on an ambitious planning document to be presented Monday by the city of Geneva.

Imagine acres of new industrial development that adds millions of dollars to Geneva's property tax base.

Imagine Kautz Road extending all the way to Fabyan Parkway from a brand-new railroad overpass at Route 38.

Or row after row of residences just across Kirk Road from the Fifth Third Bank Ballpark.

Such is the scope and promise of a SouthEast Master Plan, which will be presented tonight (7 p.m. Monday, Nov. 12) at the Geneva City Council Committee of the Whole meeting.

The 500-acre planning area extends from Route 38 on the north, to an extended Kautz Road on the east, to Fabyan Parkway on the south to Kirk Road on the west.

Development of the property over time has one huge potential impact: the diversification and expansion of Geneva's tax base.

"Industrial development is key to Geneva’s long term financial stability," says the report. "Currently the tax base is 74 percent residential as measured by equalized assessed value. Increasing the business tax base could reduce (the city's) reliance on sales tax."

The area is divided into four development subsections:

  • The North Area — to be a mixture of commercial and industrial uses located east of Kirk Road, north of the Union Pacific Rail Road (UPRR) line and south of Route 38.
  • West Central Area — existing Old Kirk Road residential properties are shown as residential to reflect that no immediate change is expected. When calculating future utility demand, however, calculations considered this acreage may eventually be redeveloped as commercial.
  • Southwest Area — to be a mixture of industrial and commercial uses at the southwest corner, envisioned to mainly serve and complement the existing recreational uses (baseball stadium, soccer facility, ice arena, and golf course); a proposed hotel/meeting/competitive sports facility proposed at former Kane County Jail site and Settlers Hill landfill; and surrounding businesses.
  • East Area — to be industrial development west of, and along, the county line. Light industrial already exists to the north, east, and south of this area.

The full plan can be accessed here or can be found on the Committee of the Whole agenda packet on the city's website.

 

SOURCE: City of Geneva

Mitotero November 14, 2012 at 03:35 AM
Perhaps it will benefit everyone in Geneva by expanding the tax base, adding jobs, and planning for the eventual buildout of an under developed area of Geneva. I applaud the city for staying in front of this. Hopefully the cost/benefit analysis of the return on infrastructure investments has been, or will be performed. I find this plan more meaningful than the downtown master plan.
G.Ryan November 14, 2012 at 03:47 AM
I do agree with you Mitotero. However, I did not see any cost ratios put forth to evaluate if the benefits outweigh the risk. But I agree Geneva needs more industry and commerial businesses to expand its tax base. I did speak to one of the Alderman about the prospects of attracting more industry to help out with the tax issues plaguing all of us.
Jon Azavedo November 14, 2012 at 02:28 PM
"Or row after row of residences across from the ballpark" Who's going to foot the bill for Geneva East High School?
Ray Echer November 16, 2012 at 01:07 AM
That's completely irrelevant if anything we would be building a Geneva West High School, seeing as the residents in Mill Creek are close to double the distance away from the High School compared to the ballpark.
Martha Hanna November 16, 2012 at 06:32 PM
Yes Geneva residents the referendum for a new High School is next. Master plan equals more students equals more of those bloody teachers you will have to hire.

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