By Philip Haldiman | Independent Newsmedia
The multi-family housing market in Peoria is starting to see more opportunities, experts say.
More than 800 permits for multi-family developments have been pulled since 2014, according to a public records request.
This year, city council has approved three large-scale apartment complexes totaling nearly 1,000 units.
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Plaza del Rio Apartments,13310 N. Plaza del Rio Blvd., consisting of 333 units on 15.72 acres. The project is now under construction.
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Paradise at P83, near 75th Avenue and Paradise Lane, consisting of 352 units, in 3- and 4-story buildings on 16.1 acres. The project is currently in site plan review.
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Trellis at Roundtree Ranch, near 83rd and Olive avenues, consisting of 275 units in 2-story carriage units and 3-story apartment buildings on18.5 acres. The project is currently in site plan review.