The Center City District is a mixed-use redevelopment project that includes significant placemaking improvements to Albert Avenue and Grand River Avenue, the addition of both senior housing (92 rental units) and mixed market housing (273 rental units), street level retail and the addition of a Target flexible-format store. The completed project is located along Grand River Avenue and Albert Avenue, including 125, 133, 135 and 201-209 E. Grand River Ave. and the City's Albert Avenue Parking Lot, 200 Albert Ave. The total project site is 2.02 acres. In addition to the place-making improvements proposed, the project includes a new 620-space parking structure and new utility infrastructure. The City will take on no debt associated with any of the improvements.
The development team is made up of both local and national partners. Locally, the Ballein family, owners of the Student Book Store and several other commercial properties, has assembled the privately held parcels and has established a partnership with Harbor Bay Real Estate Advisors, LLC, based in Richmond, Ill. Their consulting team includes BKV Group, Kimley Horn, Baird and Associates, AKT Peerless and others.