ALGONQUIN – An annexation agreement for a proposed subdivision on 26 acres along North River Road has been worked out and is set for Village Board approval.
The proposed River Ridge Estates project would be 25 houses on 26 acres and would be northwest of the planned Prairie Path subdivision.
An extension for the annexation agreement for the planned Prairie Path subdivision was approved by the Village Board last week.
Developers have said houses would be a minimum of 3,000 square feet for two-story homes and 2,500 square feet for ranches. The homes will have three-car garages. Starting prices will be $700,000.
“This project complies with the village comprehensive plan in terms of land use and fulfilling the village’s vision for that area, which includes large homes on large lots, tucked into the wooded hillside,” Community Development Director Russel Farnum wrote in the village memo.
Primary access to River Ridge will be through River Road, and there will be roadway connections that will extend to Prairie Path. The project would provide relief to traffic on both River Road and Highland Avenue, according to village documents. The subdivisions will provide a “back way out” in either direction.
“The new layout allows the traffic generated by these subdivisions to flow naturally to the direction the drivers want to go,” Farnum wrote. “However, these are indirect connections, which will be difficult to navigate, which will minimize the potential for cut-through traffic.”
To help alleviate concerns about flooding, one existing manmade pond will be extended to serve as a storm water detention area. Two additional retention ponds are planned for the project, which is planned to be carried out in two phases, and will only hold water after there is rain, village documents say.
“This eliminates prior concerns of downstream neighbors that there would be a large pond above their homes,” Farnum wrote.
The ponds will be constructed on areas without trees.
The subdivision would have one boat slip per property and a riverwalk.
The village plans to put in a special service area as part of the proposed agreement in the event the planned homeowners association doesn’t maintain the retention ponds, riverwalk and boat slips.
Developers also made an effort to minimize the amount of high-quality trees that would be cut down for the project, Farnum wrote.
Water mains and sewer lines for the subdivision would be extended by connecting to mains built for the Prairie Path subdivision, or by extending new mains around the periphery of the Prairie Path subdivision. The final design of the water main system relies upon the timing and coordination with the Prairie Path project, according to village documents.
“Either way it works,” Farnum said earlier this week. Greg Pantos, the managing member of the AK Group, also has agreed to help pay for larger water mains.
“He’s fulfilling our ultimate water plan through the village, and providing for a future 16-inch [in diameter] river crossing we desperately need on the north end town,” Farnum said during a recent meeting.
Pantos has said he expects the project to take three to five years to build out, depending on how well the houses sell.
People who buy lots or homes in the subdivision would be required to sign letters of awareness regarding future street extensions, neighboring park land, conservation areas and tree preservation requirements.
Village President John Schmitt said when the previous proposed Riverwoods on the Fox project was rejected because of variety of issues, including small lot sizes, there was disappointment with the proposal. Schmitt added he is pleased Pantos and the AK Group worked out the concerns.
“I think we were pretty adamant that project wasn’t really what we envisioned,” Schmitt said. “I think this [new proposal] is what we envisioned ... I think this would be a real positive for the community.”