PUD-3-26: Amendment to the Preliminary and Final PUD of Joliet Junior College Student Housing Subdivision (Ord. 13226) (1524 Richard T Rivera Way) (PIN # 05-06-23-304-004-0000) (COUNCIL DISTRICT #5)

This ordinance amendment modifies the 2001 Planned Unit Development (PUD) for the student housing complex located at 1524 Richard T. Rivera Way (PIN # 05-06-23-304-004-0000). The applicant, Midwest REO V LLC, seeks to remove restrictive conditions that currently limit occupancy to Joliet Junior College (JJC) affiliated individuals.

Key Provisions:

• Removal of Tenant Eligibility: Eliminates Condition D of Ordinance #13226, which required adherence to written materials restricting tenancy to JJC students, faculty, staff, and related personnel. The property has already been operating with a mix of affiliated and non-affiliated tenants.
• Removal of Occupancy Caps: Eliminates Condition A, which set specific occupancy limits per unit type (e.g., 4 people for 4-bedroom units, 2 for 2-bedroom units). Future occupancy will instead be governed by the International Property Maintenance Code as enforced by the City’s Neighborhood Services Division.
• Ongoing Requirements: The development remains subject to the City’s Rental Inspection Program and must continue to maintain private maintenance agreements for Richard T. Rivera Way.

Context:
Originally approved in 2001 as a 128-unit student housing project, the site was foreclosed upon in 2017 and sold to the current owner, Rock Run Residences, LLC, in 2019. The applicant states that the current model is not financially viable due to limited demand from the college community and requests these changes to allow for general market-rate multi-family use.