STREETS OF ST. CHARLES BREAKS GROUND ONCE AGAIN WITH ADDITIONAL 60,000 SF MIXED-USE BUILDING

FOR IMMEDIATE RELEASE

STREETS OF ST. CHARLES BREAKS GROUND ONCE AGAIN WITH

ADDITIONAL 60,000 SF MIXED-USE BUILDING

(Peoria, IL, April 23, 2018) – Cullinan Properties, Ltd., owner and developer of the Streets of St. Charles, has begun construction on a new 60,000 square foot, three-story multi-tenant building which is designed for additional retail, office and service tenants at the successful mixed-use center in St Charles at I-70 and Fifth St.

Located at the northeast corner of Beale and Lombard Streets across from Firebirds Wood Fired Grill and P.F. Chang’s, the new building will include approximately 20,000 square feet of prime retail space on the ground floor, with two levels of office space totaling approximately 40,000 square feet above. The building was designed by St. Louis architecture firm, Oculus, Inc. and the general contractor for the project is Brinkmann Constructors.

Additional parking is also being constructed as part of the project. During the construction plentiful, free parking also remains available throughout the property including in the two on-site parking decks located next to AMC Theatres and Drury Plaza Hotel, as well as the complementary valet service offering on evenings and weekends.

Leasing is well underway with announcements coming soon. Spaces will be available for turnover later this year and the building is scheduled to open next Spring. Cullinan Properties is leasing the ground level retail space and Colliers International is marketing the office space for the building.

“Streets of St. Charles continues to grow in popularity as a live-work-shop-dine destination, and we’re pleased to create additional options for both retail and business establishments to join this vibrant community within St. Charles. At the Streets of St. Charles, we have welcomed approximately 40 new businesses to the St. Charles market due to the success of the Streets of St. Charles as well as the growth of St. Charles County,” said Christopher M. West, CEO and Partner at Cullinan Properties.

Most recently, Streets of St. Charles welcomed the 180-room Drury Plaza Hotel, which opened in August 2017 and the Brulee Boutique this past November. In addition, the St. Louis area’s first Tru by Hilton Hotel is nearing completion of construction at the south end of the development and is scheduled to open in June.

For information about retail leasing, contact Patty Kueneke with Cullinan Properties, Ltd. at (636) 757-1151. For office leasing information, contact Jim Loft of Collier’s International at (314) 584-6223.

About Streets of St. Charles

Owned and managed by Cullinan Properties, Ltd., The Streets of St. Charles is a distinctive 27-acre mixed-use community with retail, dining, entertainment, hospitality, multi-family and office components. With a town center design that creates a neighborhood atmosphere, the Streets of St. Charles is unique in the market and includes all the latest amenities for sophisticated living, casual and elegant dining, retail, modern offices, and entertainment. For more information on Streets of St. Charles, visit streetsofstcharles.com.

About Cullinan Properties, Ltd

Cullinan Properties, LTD. is a leading provider of real estate services specializing in commercial and mixed-use developments and acquisitions. With offices in Peoria, IL, Chicago, IL and St. Louis, MO, Cullinan Properties is a multi-disciplined real estate firm that develops, manages and owns mixed-use, retail, multi-family, office and medical properties throughout the United States, including Illinois, Missouri, Texas, Georgia and Michigan. For additional information about Cullinan Properties, Ltd., visit cullinanproperties.com.