NORMAL, IL—CA Ventures and TartanRealty Group have just begun Phase 1 construction on OneUptown on the Circle, a multi-phased mixed-use retail and hotelproject in the Central Illinois city of Normal. The partners willfirst construct a 114-room Hyatt Place Hotel.Plans for Phase II include a mixed-use retail and restaurant space,apartments and heated lower grade parking.

|

The new project will occupy a location on the 'Circle,' thefocal point of Normal's new “Uptown” neighborhood. The area alreadyincludes Uptown Station, a new high-speed multi-transit station,the recently-opened Illinois State University ArtGallery, children's museum, farmer's markets and festivalspace. The municipality and private corporations have alreadyinvested more than $150 million.

|

“The Circle embodies Normal's commitment to growing a new kindof community for Central Illinois and the addition of One Uptownwill only add to its vitality,” says Normal Mayor ChrisKoos.

|

The $27 million Phase I project includes an eight-story towerwhich will house the Hyatt and 1,600-square-feet of retail space.The select-service hotel, across the street from a MarriottHotel and Conference Center, will also have a2,300-square-foot outdoor terrace connected to a 1,500-square-footmeeting and event space. Although Hyatt Place has a prototypedesign, One Uptown will add a two-story public space, bringingtransparency to the ground floor.

|

Officials from the joint venture say they decided to build a newvenue in Normal partly due to the area's new high-speed railtransportation system. It has increased traffic and created apositive economic impact, they say. And with only one other hotelin the area, there was a need for more lodging options.

|

“The additional Hyatt Place rooms create the opportunity tohandle larger bookings, thus bringing in more visitors to thearea,” says Doug Reichl, owner of Chicago-basedTartan. “In addition, the new multi-model station will make it moreconvenient for the convention travelers to visit.”

|

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.