A reader sent this in after her conversation with the builder of the proposed Maryville development:
I just got off the phone with the builder. Overall their intentions sound good. He did say "upscale development" multiple times.
Residential - There are plans to build multiple low rise buildings, all of these condos will be near Agatite and Clarendon. 1bed priced below $200K, 2bed around $250K, 3bed around $300K. There will also be multiple towers at the NW and NE corner of Montrose and Clarendon. There are no plans to have any section 8 housing. There are, however, plans to have some senior citizen living; this is a requirement from the city to include "affordable housing".
Retail - On the NW corner of Montrose and Clarendon there will be multiple retail stores. They are planning for an upscale grocery store (I asked if it was a Whole Foods or Trader Joes, and he said something at that level.) They are also planning for a large health club, restaurant and there will be other retail spaces for rent.
Park - $6M is to go to park improvements including renovating the park district facility. This includes new tennis courts, a new track and field area.
Hotel - There will be about 200 hotel units at the lower level of one of the condo towers. They have already talked to the Marriott, Hilton, Sheraton. They are talking about their lower chains, like The Doubletree for example. The hotel aspect would be complete in about 3 years after they begin construction.
They are planning on starting construction before the end of 2010. The first phase would be the retail space on the NW corner and the low rise residential condos. The entire plan is over a 6 year period.
I asked them to create a new press release with these details because I explained that many Uptown residents are cautious of the development. He said he will see what he can do to clear any rumors.