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Lube Constitution Trail Center activity continues with the completion of a Jiffy Lube facility, and the ongoing construction of a new Hyatt H2 Hotel scheduled for a Fall completion.
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The Park Apartment project located in north Normal on McKnight Dr. completed Phase 1 in 2020 and is fully occupied. The developer plans to begin Phase 2 later this summer.
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Enough cannot be said about the construction activity and development energy attributed to the Rivian Plant in west Normal. Rivian remains on track to have vehicles produced and on the street in 2021
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While the pandemic slowed the food and beverage industry, the Uptown continues to show good progress in recovering. Pictured is the Fiala Brewhouse under construction aiming to open this Fall.
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The housing market continues to trend in a very positive direction and we anticipate 100 new starts in 2021. With thanks to Rivian, developers are working hard to increase our lot inventory.