Proposed Champaign housing project attracting attention

Proposed Champaign housing project attracting attention

A local consumer advocacy group is raising concerns about a proposed housing complex in the City of Champaign.

The Champaign County Health Care Consumers group is urging people to attend meetings this week for the Latitude Development project between Fifth and Wright Streets.

The site currently contains nearly two blocks of used automobile sales lots, single family homes, a parking lot and vacant properties.  The proposal consists of three six story buildings and one five story structure, two of them on University Avenue and two on Park Street, with parking lots.  It also includes commercial space in the buildings off of University Avenue.

Chase Sorrick is a co-owner of Investment Property Advisors, LLC, of Valparaiso, Indiana, which is the developer of the project. Sorrick said there is a need for high quality housing in that area.



Sorrick said if the project is approved, construction could start in the spring and could be completed in August of 2015.  The proposed complex would include 344 units for up to 552 students and other community members.

Some of the concerns voiced by the health care consumers group include increased traffic congestion and raising the cost of living in the neighborhood.
    
A public meeting on the project will be held Monday at 6 p.m. at Salem Baptist Church in Champaign.  Attendees can listen to the developer present the plans and take questions from the audience.  The Champaign Plan Commission will then hold a public hearing on the project on Wednesday at 4 p.m. in the city council chambers.
 

Sections (2):News, Local
Topics (1):Economy

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