Midtown Plaza

Highlights:

• Available Space: 0.0
• Max Contiguous Area: 7865.0
• Min Divisible Area: 2305.0

Description:

This new development is ideally located along south First Street in Midtown, which serves as a gateway between Campustown at the University of Illinois Urbana-Champaign and downtown Champaign. This development is in close proximity to the proposed $250 million development known as The Yards, which could add a U of I sports arena, hotel, restaurants, retail, apartments, and convention center to the area. The property sits on the west side of the Boneyard Second Street Basin, which provides a beautiful setting/views of the Boneyard waterway and walking trails.

Midtown Plaza consists of two 5-story mixed use buildings with first floor retail/office space and 104 residential apartments on floors 2-5, which are connected by a public plaza adjacent to the Boneyard Second Street Basin. The building provides a variety of convenient parking options: 33 on-site surface parking spaces for clients/customers, surface parking and street parking west of First street, and underground building parking for tenants at a monthly fee. The total retail/office space in the north building is 15,735 SF and the south building is 12,360 SF. Remaining availability in the building is as follows: 7,865 SF (divisible) on the north cap of the south building and 8,134 SF (divisible) on the south end of the north building. 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 ductwork), demising wall taped, mudded, and ready for paint.

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