0 500 Feet250

Economic Committee: Economic Issues

Source: Champaign County GIS Consortium & City of Champaign

University Avenue

Green Street

Spring�eld Avenue

Nei

l Str

eet

Mai

n St

reet

White Street

World-class resources of high-tech “core”, but students still leaving the state,

and area not seeingexpected number of start-ups.

Maximillian Mahalak, Yiren Bai, Drew Awsumb

Public and private investment in downtown and

midtown Champaignleading to increased economic activity

and vitality. The city serves as a major employer.

High demand has led tomulti-family housing development,

stable rents, and low vacancies. Very fewcommercial uses present, forcing students

to utilize Green Street.

Almost no commercial uses found on University property, forcingstudents to visit Green Street.

The University serves as a major employer.

Large mix of uses, arrival of biotech �rmsinto region have allowed start-ups

to utilize industrial spaces. Businesses and city instutions

provide substantial employment.

Downtown Champaign

Midtown

Campustown

Engineering Quad/University Property

“University Village”

Downtown Urbana

Legend

Intra-business cooperation has led to greater econoimic

actitivity, as well as stornger interestsin the various businesses districts,

higher property values, and greater resources for business owners (ex. Champaign

Center Partnership).

Increased intensity of commercial and residential uses

High demand of near campus housing has led to the increase of property value,

which makes di�cult for small businesses to settle down.

Collaborative art designand creative spaces

being formed in both core market areas.

Collaborative art designand creative spaces

being formed in both core market areas.