During a groundbreaking ceremony on Wednesday, February 3, Mayor Tom Weisner and Verigreen Development announced that renovations have begun at the former St. Charles Hospital in downtown Aurora, transforming the historic building into a 60-unit independent living facility for seniors.
Verigreen Development collaborated with Invest Aurora, the Northern Lights Development Corporation, the City of Aurora, the Illinois Housing Development Authority, and the Illinois Department of Commerce and Economic Opportunity, along with several private lenders and investors to secure the project’s complicated layers of financing and tax credits.
