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Warehouse District Development

  • Capital Requirement::$75 million
  • Total Project Cost::$200 million
  • Preferred Format::Joint-Venture/Partnership /Minority Share Holding
  • Posted on:2015-05-15 10:37
  • Valid until:Never Expire
  • Project Infoarea:N. AmericaUnited States
  • Hits:40
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Details
 The Warehouse District is a subsection of downtown Peoria filled

with buildings of unique character and architecture. Local and

national investors have been working with City government to

transform these buildings into mixed use developments that

include restaurant, retail, commercial and residential space.   A

recent housing study shows significant demand for rental product

in this area due to its proximity to Caterpillar headquarters and a

major medical complex that includes two hospitals.   Sample of

potential projects:

Historic Renovation

·      800 SW Washington: 62 rental units + 21,300 s.f. of retail

·      812 SW Washington: 60 rental units + 18,400 s.f. of retail

·      801 SW Washington: 50 rental units + 22,800 s.f. of retail

·      908 SW Washington: 28 rental units + 12,050 s.f. of retail

New Construction

·      813 SW Washington: 54 rental units + 1,850 s.f. of retail

·      836 SW Washington: 67 rental units + 18,625 s.f. of retail
 
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