This new development is located along south First Street between the University of Illinois campus and downtown Champaign in an area of the city called Midtown. This development is a key project that will help join downtown Champaign and Campustown. The property is ideally located along the west side of the Boneyard Second Street Basin which features beautiful views of the Boneyard water way and walking trails.
11,000 VPD – Springfield Avenue
6,700 VPD – 1st Street
Midtown Plaza consists of two five-story mixed use buildings with first floor retail/office space and 104 residential apartments on the second through fifth floors, totaling 180 beds. Between the two buildings will be a public plaza area with an outside patio for tenants to take advantage of. This will lead to the Boneyard Second Street Basin. Fifty surface parking spaces will be made available at the development for customer use along with underground parking for tenants use and surface parking West of First Street. The retail/office space in the north building consists of a total of 8,412 SF and the south building totals 12,360 SF. The available spaces can be subdivided down to around 2,000 SF. The building has fiber from 3 major IT providers. On-site parking is available.
The space will be delivered to a tenant as a dark shell with the following improvements: plumbing roughed in for a restroom, 200 amp service, concrete floor, HVAC unit sized for standard office/retail use (does not include duct-work), demising wall taped, mudded, and ready for paint. There is an opportunity for a drive-thru on the north end-cap space of the north building. Property is broker owned.
- Property TypeRetail
- Year Built2017
- Total Available12,360RSF
- Largest Contiguous12,360RSF
- Last updatedSep 24, 2018
- Property ID1994974