Flaherty & Collins Properties has recently begun construction on a $65 million mixed-use development in East Peoria, Illinois. The project, known as Blutowne, will feature 219 high-end apartments and 10,000 square feet of commercial space. Anticipated to open in spring 2025, this community will offer studio, one-, and two-bedroom floorplans with top-notch amenities including a fitness center and rooftop sky lounge.
Conveniently located at 501 W Washington Street near Fondulac Park and popular dining and shopping destinations such as Target and Aldi , Blutowne’s live-work-play design aims to enhance the city’s walkability for both residents and businesses. According to Jullie Collier , vice president of development at Flaherty & Collins Properties , this project is set to bring an exciting new element to the area.
Headquartered in Indianapolis with a focus on multifamily developments throughout the Midwest region , Flaherty & Collins is also currently working on another mixed-use luxury property called The Marquee at Cedar Lee in Cleveland Heights Ohio . This development will consist of 204 residences along with over 8,500 square feet of retail space.
This groundbreaking announcement from Flaherty & Collins showcases their commitment towards creating vibrant communities that cater towards modern lifestyles while also providing economic growth opportunities for cities across the nation.
