2018 In Urbana Development Trends in Urbana in 2018 January 15th - PowerPoint PPT Presentation

2018 In Urbana Development Trends in Urbana in 2018 January 15th 2018 Libby Horwitz, AICP - Economic Development Coordinator

DOWNTOWN URBANA Development Trends in the Downtown

Urban(a) Infjll In 2018 the City took large steps in ushering in infjll development 200 S VINE ST CULVERS WHAT’S IN URBANA ARTS YOUR SQUARE

Urban(a) Infjll First new construction in Downtown Urbana since 2008 Urbana Arts: 65,408 SQFT Culvers OSF 200 S Vine St: 76,175 SQFT Culvers: 58,201 SQFT Domino’s: 31,800 SQFT Pizza OSF: 19,520 SQFT 200 Vine 251,104 SQFT TO BE DEVELOPED Arts

Northern Frontier Development Pushing North in Downtown Urbana BROADWAY ANALOG FOOD HALL GILL BUILDING CULVERS 25 O’CLOCK BEST OF AFRICA

Northern Frontier Increased activity in North Urbana OSF 7 Culvers Food Hall Pizza MAJOR Gill Griggs PROJECTS Analog OVER $2,775,125 TOTAL ESTIMATED COST

South & North Urbana Development updates

The Local Connection Local amenity shopping center U Haul Expansion 1301 E Washington McDonald’s Casa Del Mar Salt and Light ASPCA

The Regional & Global Connections North new businesses connecting regionally and globally ROANOKE PLASTIC JX FRASCA CONCRETE CONTAINER ENTERPRISES CORPORATION

OPEN FOR BUSINESS New business openings in 2018

Business Trends Small offjce space fjlling [CO][LAB] COLLIDER IMC 2013 2014 2015 2016 2017 2018 2019

Business Trends Small offjce space fjlling D.O.S.E STEELE FOUNDATION SPINNIN RECORDS POWER 102 JAMZ DORIAN APPAREL

Business Trend 4 Lincoln Square Mall Businesses PASS Program Capoeira Angola NET NEW BUSINESSES Elliot Counseling RACES Stango Cuisine IDEA Store The Place for Children with Autism Arcadia Miranda’s Loom

Open For Business New / Expanded businesses opened in 2018 in Urbana RESTAURANT/FOOD/BEV Piato Catering PERSONAL SERVICE Elliot Consulting Cafeteria and Company ASPCA Rick’s Bakery Wicked Rascal Arts/Entertainment La Mixteca Capoeira Angola Center RETAIL CU Adventures in Time and Domino’s Pizza Urbana Fine Arts Studio IDEA Store Space LL Sushi Urbana Dance Company Best of Africa Power 102 Jamz 25 O’Clock Candie Kates Photography Ashar African Market D.O.S.E Foundation Stango Cuisine See You CD & Vinyl PROFESSIONAL SERVICE/ Steele Spinnin Records Casa Del Mar Miranda’s Loom OFFICE Protagonist Pizza Productions Sunny’s Everyday Quilting Company El Royale The PASS Program Salt and Light King Kuma The Place for Children with Au- Roanoke Concrete Nation tism Muchacho Cradle Media RACES Offjce Blackbird

Closed For Business Business Closures in 2018 in Urbana DLNZ Productions Mirabelles Milo’s Spark Cafe Hybrid Arts Tang Dynasty 11 for $10

Raising Housing’s Stock Development trends in Residential

LANDON BONE BAKER A R C H I T E C T S 3-BED UNIT 3-BED UNIT 1440 sq ft 2-BED UNIT 1440 sq ft 3-BED UNIT 1440 sq ft 3-BED UNIT 1440 sq ft 3-BED UNIT 1440 sq ft 1440 sq ft SPACE 2-BED UNIT 1440 sq ft 3-BED UNIT 1440 sq ft 3-BED UNIT 1440 sq ft 2-BED UNIT 1440 sq ft 3-BED UNIT 1440 sq ft 3-BED UNIT HUNTER STREET PARK/GREEN 13'-6" 4 4 5 1 2 3 4 5 1 2 1625 w carroll avenue chicago, il 60612 5 ARTS 1 2 3 4 5 EN EN EN EN 2,921 sq ft COMMUNITY/ 1440 sq ft 11'-6" 2 1st Floor Plan 13'-6" 5'-10" 16'-9 1/2" BEDROOM 1 BEDROOM 2 8'-7 3/4" DN SCALE: 3/32" = 1'-0" 2nd Floor Plan - 3BR SCALE: 3/32" = 1'-0" SCALE: 3/32" = 1'-0" 141 CU. FT. 2nd Floor Plan - 2BR *25.33% of all units are 3-BR units 1-BR 15 - 15 1-BR 9 - 9 (ELDERLY) 2-BR 15 13 28 2-BR 5 - 5 (LIVE/WORK) 3-BR* - 19 19 TOTALS 44 32 76 ARTS LIERMAN AVE TOTALS UP BULK STORAGE 11'-1 3/4" 19'-2 1/2" 9'-7 1/4" 9'-2 1/2" 5'-10" 16'-9 1/2" BEDROOM 3 BEDROOM 2 8'-7 3/4" BEDROOM 1 DN RG 15'-11 1/4" 3'-6" LINEN 5'-5" 11'-4 3/4" 9'-5 3/4" 15'-9 3/4" 10'-8 3/4" 9'-2 1/2" 20' 37'-2 1/2" LIVING ROOM WH W/D 3 3 1 1440 sq ft 1440 sq ft 3-BED UNIT 1440 sq ft 2-BED UNIT 1440 sq ft 3-BED UNIT 1440 sq ft 3-BED UNIT 1440 sq ft 2-BED UNIT 1440 sq ft 3-BED UNIT 2-BED UNIT 1440 sq ft 1440 sq ft EN EN EN EN EN EN EN EN EN 4 EN 2-BED UNIT 3-BED UNIT EN 2-BED UNIT p 312.988.9100 f 312.829.3302 www.landonbonebaker.com Urbana Washington Townhomes Brinshore Development, LLC. 9/25/2018 PROPOSED SITE PLAN - LIERMAN AVE TOWNHOMES 2-BED UNIT 1440 sq ft 3-BED UNIT 1440 sq ft 2-BED UNIT 1440 sq ft 1440 sq ft 1440 sq ft 3-BED UNIT 1440 sq ft 3-BED UNIT 1440 sq ft 2-BED UNIT 1440 sq ft 2-BED UNIT 1440 sq ft 2-BED UNIT 1440 sq ft 3-BED UNIT 1440 sq ft 3-BED UNIT EN EN EN 3 EN 4 5 EN EN EN EN EN EN 1 2 4 1 1 2 3 4 1 2 3 4 5 1 2 3 2 3 4 4 EN EN EN EN 1 2 3 EN 5 1 2 3 5 EN EN Raising Housing’s Stock Projects E U N E V A N A M R E I L MARKET-RATE MARKET-RATE STUDENT AFFORDABLE MFR SFR HOUSING HOUSING

Raising Housing’s Stock New Permits Pulled 26 73 47 MFR PERMITS RESIDENTIAL SFR PERMITS PERMITS 171 52 MFR UNITS SFR UNITS

Raising Housing’s Stock Square Feet Added 216,525 170,693 161,203 141,933 137,767 141,600 108,805 103,699 87,530 85,988 76,699 75,889 75,576 62,180 60,900 46,561 44,154 43,552 34,704 - - - 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 SFR SQFT MFR SQFT

Raising Housing’s Stock SFR Regional Share Urbana Urbana Urbana Urbana 9% 11% 13% 19% Mahomet, Mahomet, Mahomet, Mahomet, Champaign, Champaign, Champaign, Champaign, Savoy Savoy Savoy Savoy 2015 2016 2017 2018

Raising Housing’s Stock Student Housing Projects Union Gardens Trinitas Development submitted plans for a new housing project titled “Union Gardens” in North Urbana. Union Gardens will develop a total of 40 acres spanning over both Urbana and Champaign of housing aimed at students. At present, a total of 406 units are planned, with 160 units planned for construction in Urbana. The project will feature 1 and 2 story units modeled to appear as single family homes.

Raising Housing’s Stock Student Housing Projects Château Normand Pierre Moulin purchased the former Zeta Tau Alpha sorority house at 1404 S Lincoln Ave in 2017. In 2018, Mr. Moulin renovated the building into an 18-unit apartment building.

Raising Housing’s Stock Student Housing Projects The Retreat The Retreat at Urbana began construction in 2018. Located just north of the train tracks and University Avenue at the former American Water site, the 128 unit townhome-style development includes 26 residential buildings and a clubhouse. The total project cost is estimated to be over $27 million and the project hopes to be completed by August 2019.

Raising Housing’s Stock Student Housing Projects 809 Nevada Green Street Realty completed construction on a new brick apartment building at the intersection of Lincoln and Nevada. The $3.5 million project consists of a three story 18-unit building containing three-bed, three-bath units. Units are currently available to be leased by the room or in full and feature granite counter-tops, furnishings, on-site parking, and stainless steel appliances.

Raising Housing’s Stock Student Housing Projects Gather In 2018 Dallas-based Rael Development Corporation proposed a new mixed-use development at the intersection of University and Lincoln Avenues in the City of Urbana called Gather. Gather will contain approximately 200 apartments, 16 townhomes and 50 extended-stay rooms, along with nearly 15,000 square feet of lobby, retail and outdoor public areas

Raising Housing’s Stock Affordable Housing Projects Aspen Court TWG Development, LLC, located out of Indianapolis, received Low Income Tax credits in 2017 for the redevelopment of Aspen Court in Southeast Urbana. In 2018 the group worked to relocate current tenants and fjnalize planning. Complete renovation of the 140 rental units is expected to complete in three phases 2019.

Raising Housing’s Stock Affordable Housing Projects Urbana Arts In 2018, Northbrook-based Brinshore Development proposed an arts-centered, affordable housing development for parking Lot 24. The 44-unit project would result in an arts- centered apartment building with six artist live-work units and an arts and cultural center to be operated by the City’s Arts & Culture program. The project would also include nine, single- family tiny homes on the site.