A property once slated for a major hotel project 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 Blickenstaff abruptly left the area, putting many of his properties up for sale last year.
Last spring the building at 4615 N. Prospect Road in Peoria Heights, which is best known as the Prospect Mall, underwent a full renovation by Baldovin Construction 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 sale: What we know about 13 properties connected to Kim Blickenstaff
This article originally appeared on Journal Star: Peoria Heights property owned by Kim Blickstaff has sold
