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Thursday, January 23, 2020

Retail, rentals, restaurants a part of development plan for Warehouse District - week.com

PEORIA (WEEK) -- More apartments and restaurants are expected to line the streets of the Warehouse District in Downtown Peoria in the coming year.

"On this main floor we're going to have retail shops, restaurants, we're closing off the back of the building, the alleyway, to make it walkable so when you park you can come right in. We have a market place that's going to be there," Developer Casey Baldovin said Thursday at a press conference for his new development on South West Adams Street.

Baldovin said he will bring 26 apartments situated on top of retail spaces and restaurants for the project he calls "The Centre."

"Huge vision for not just this corridor but the district starting with Adams and Oak and The Centre project. They had a bowling alley upstairs packed with people and we want to bring that back we want to bring that energy here," he said.

"I believe this building is the center of the Warehouse District. So we're trying to bring that energy and that critical mass that we need down here so we can get people in these apartments and keep bringing more people to Peoria."

The project will be phased out as groundbreaking begins this summer but at least five restaurants are expected to open in the building.

"We're taking on the kitchen cost help them get in to get their systems down. Provide something for people working down here. We're looking at OSF, 800 people, let's get them down here if it's an hour lunch or a half-hour lunch," Baldovin explained.

Baldovin did not give specific rent prices but said the units will reflect the market value.

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"warehouse" - Google News
January 24, 2020 at 06:19AM
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Retail, rentals, restaurants a part of development plan for Warehouse District - week.com
"warehouse" - Google News
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