In a different twist to housing projects in Oswego, a developer has pulled its plan.
Greystar of Chicago has canceled plans for Birchway, a 306-unit three-story, seven-building apartment complex west of the Ogden Falls subdivision and Rt. 34 north, near the route 30-34 intersection.
The village board had approved the concept plan by a 4-2 vote last October.
Oswego Village Administrator Dan DiSanto provided the developer’s reasons.
According to Greystar, construction was scheduled to break ground this summer with a summer 2024 opening.
Developers said the density of the apartments could encourage future Rt. 34 commercial development, adding there was a demand for apartment living as evidenced by other similar rental pods in the Oswego areas.
Currently, the company’s other Oswego development currently under construction is Avantera, a rental home community at Wolf Crossing and Douglas Road that has drawn citizen criticism.
DiSanto said other housing projects are underway in the village.
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