Reimagine Danville
A Premier Development Opportunity in the Heart of Illinois
The Opportunity
Transform 1.62 acres into a vibrant mixed-use destination at the intersection of Fairchild and Vermilion Streets.
12,000-17,000 sq ft commercial space
Midtown TIF District
B-3 Zoning (P.U.D. recommended)
Our Vision
Community Hub
Foster social engagement with inviting public spaces and amenities.
————-
Walkable Design
Create a pedestrian-friendly environment that enhances community connection.
————-
Thriving Commerce
Maximize retail opportunities to attract residents and visitors alike.
Market Insights
Demographics
Population: 30,000
Median Age: 38
Median Income: $46,000
Prime Location
3-min drive from downtown
Near major healthcare facilities
(Carle on the Riverfront, Christie Clinic)
Retail Demand
Home Furnishings
Specialty Food Stores
Full-Service Restaurants
Development Program
17,000 sq. ft of retail and office space
4,800 sq. ft restaurant at northwest corner
Pedestrian plaza & flexible recreation space
Economic Indicators
18,612 daily traffic
TIF District until 2028
Healthcare sector growth
Sustainability Features
Energy-efficient systems
Green infrastructure for stormwater management
EV charging stations and bicycle amenities
September 1st, 2023 - August 31st, 2024
Key Dates
October 16, 2024
RFP Release
December 12, 2024
Proposal Deadline
January 23-24, 2025