The Water Street District in downtown Naperville is located along the famed Downtown Riverwalk. The site consists of 40,292 sq. ft. of retail and restaurants, a 158-room hotel with rooftop dining, a 520-space parking garage, and 14,190 sq. ft. of office space. The Water Street District is surrounded by distinctive amenities showcasing a unique blend of traditional European character and fashion-forward style. Water Street promises to be one of the most coveted Chicagoland locations in which to stay, work, shop and dine.
The Water Street District will revitalize Water Street and return it to a thriving commercial and hospitality hub for the community, as it was in the Market Days era of the Pre-emption House. Development of the south bank of the DuPage River and extension of the Riverwalk on the property will create new gathering and recreational use for the community and visitors.
Expanded parking opportunities on the south end of Downtown will enhance traffic flow and pedestrian access to the central business district. In addition, the development will provide a natural gateway from Downtown to Naper Settlement, thereby encouraging residents and visitors alike to immerse themselves in the heritage of the community.
Construction is projected to take approximately 18 months. It is anticipated that the Hotel Indigo Naperville will be open in late 2016. Many of the restaurant and retails stores should be completing by late in the year as well.