Flaherty and Collins Building: $65M East Peoria Luxury Community

Flaherty and Collins Building: $65M East Peoria Luxury Community

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.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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