Springfield Urban Redevelopment
501 East Capitol Avenue, Springfield, IL
Units: 25 Residential Rental, 2 Commercial
$8.5 Million Investment
GROWTH will redevelop a vacant, underutilized building located at 501 East Capitol Avenue in downtown Springfield, Illinois.
The building is a former church that has been vacant since 2008 that will be redeveloped into a mixed-use property with office, commercial kitchen amenities, and twenty-five live-work residential units.
The former sanctuary and portion of the first floor of the building will provide commercial office space for three not-for-profit community based organizations that include The Greater Springfield Chamber of Commerce, The Springfield Black Chamber of Commerce and The Springfield Project, a Community Housing Development Organization (CHDO).
All three organizations have a shared mission of economic development and have a 15-full-time employee workforce, collectively.
Above: Existing photo of the Springfield Church, and a map with a star depicting the location of the property, a few blocks away from Illinois State Capitol.
Below: GROWTH presents development project update to Springfield stakeholders.