A 9-acre former hospital site south of downtown Aurora that has stood dormant for the past 23 years, inviting vandals and trespassers, is set for environmental cleanup to make way for new residential and medical uses.
The city council this week approved an agreement with a group of local investors who plan to start work this fall to remove asbestos, lead paint and other toxins inside the former Copley Hospital at Lincoln and Weston avenues.
The group, called Fox Valley Developers, LLC, includes six members who will front the estimated $12 million to $16 million in cleanup costs before qualifying for a $3 million reimbursement from the city once regulatory agencies deem the site safe. The group hopes to have the cleanup completed by next spring.
Aurora Alderman Bill Donnell, whose ward includes the 340,000-square-foot former hospital campus, said the city council approved the agreement unanimously.
