It's Your Business: Developers firm up plans for apartment projects

Photo by: John Dixon/The News-Gazette

The former C.R. Marble building at the corner of Washington and Neil streets in Champaign

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And now, an update on a few student apartment projects coming to the Campustown area ...

First off, Chris Saunders and Scott Cochrane have revised plans for their redevelopment of the Marquette School site.

Initially they had envisioned a planned unit development at 203 S. Fifth St., C, with 260 beds. They've since trimmed back the plans to a five-story apartment building, called The Marquette, with 144 beds.

"We decided to keep current zoning standards and scale back the project," Saunders said.

"There's a lot of new construction in the market, and so we've scaled this project down about half," he said.

The Marquette will offer a mix of one-, two, three- and four-bedroom units, with the heaviest concentration on one- and two-bedroom apartments, he said.

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It's Your Business: Developers firm up plans for apartment projects