Once planned for a hotel, prominent Peoria Heights property has sold for $1.5 million

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Once planned for a hotel, prominent Peoria Heights property has sold for $1.5 million

A property once

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in Peoria Heights has been sold.

The Prospect Mall at 4615 N. Prospect Road in Peoria Heights has been sold by Kim Blickenstaff’s KDB Group to SRP Captial for $1.5 million, according to Peoria County records.

Blickenstaff bought the building for $1 million in 2019 and soon after unveiled plans to convert the property into a hotel, calling the proposal The Atrium Hotel.

Plans to build a hotel at the site never materialized before

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, putting many of his properties up for ***** last year.

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A “For *****” sign stands between a pair of newly renovated commercial buildings known as the Prospect Mall at 4615 Prospect Road in Peoria Heights.

Last spring the building at 4615 N. Prospect Road in Peoria Heights, which is best known as the Prospect Mall, underwent a

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and has since moved in multiple businesses as tenants.

The Prospect Mall was just one of a handful of significant properties Blickenstaff had purchased in Peoria Heights with promises to renovate and build new. Few of the village projects ever came to fruition, and many of those properties have since been sold off.

Those properties include the Betty Jayne Brimmer Center for Performing Arts, the Save-a-Lot grocery building, an empty lot near Trefzger’s Bakery and the Pabst building.

More: Abandoned and for *****: What we know about 13 properties connected to Kim Blickenstaff

This article originally appeared on Journal Star:

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