from GlobeSt (11/20):
Last updated: November 20, 2008 12:07am
Cullinan Breaks Ground on $385M Mixed-Use
By Robert Carr
"ST. CHARLES, MO-Peoria, IL-based Cullinan Properties has broken ground on a $385 million mixed-use project that is to include a hotel, 250,000 square feet of retail, a 250,000 square feet of office and more than 750 apartments. Because of the late start, the firm will finish grading the 26-acre site, and will knock off construction until early next year to avoid the bad weather.
The 1.4-million-square-foot project is going on the site of the former Noah’s Ark restaurant, which was demolished after 40 years in operation. The company has cut back on the development plans, but still hopes to have its phase one, which will include 65,000 square feet of retail and a movie theater, as well as a third of the apartments, finished by 2010." ....
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