Aurora Breaks Ground On $11M Lofts In Keystone Building

AURORA, IL — The historic Keystone Building in Aurora is slated to transform into a multi-million dollar loft space, complete with luxury apartments and retail spaces. Aurora Mayor Richard Irvin recently helped to break ground on the $11 million project at 30 S. Stolp Ave. downtown, which will update the nearly century-old building with new elevators, a private lounge, and more.

In a statement, Irvin said, "We are taking yet another building in Aurora and breathing new life into it."

The development will feature 33 one-bedroom luxury apartments equipped with granite counters, stainless steel appliances, in-unit laundry, and other amenities. Residents will have access to a lounge space, along with retail shops that will be on the building's first level.

The work on Keystone Lofts is helmed by Urban Equity Properties, which is also revamping the city's terminal building into Lofts on Broadway.

Urban Equity Properties is expected to wrap up work on the Keystone Lofts at the end of 2020.