For the latest information about this ongoing project, visit The Currents website
In June of 2018, the City of Kankakee adopted a visionary, dynamic and transformative plan for the Kankakee River and adjoining properties.
Considered by many experts as the highest quality river in the State, the Kankakee River boast superior water quality, uncommon moving and flat water recreational and ecologically diverse wildlife habitat.
Approximately 70 acres of publicly owned land is adjacent to the river with more expected as the City acquires flood prone homes along River Road. The Kankakee Riverfront plan envisions lighting on key bridges, streetscape enhancements, an extraordinary white water run, kayak/canoe launches, festival/entertainment venues, linear bike way / pedestrian walkways, pavilions, gardens, and enhanced landscaping.
More importantly, the Riverfront Plan cerates an opportunity for the development of adjacent multi-family, mixed use, hotel, restaurants and other development initiatives.
Completed in 2017, the $16M, 70-unit River Station Senior Senior Apartment development was a joint effort of the City of Kankakee, Mercy Housing Lakefront, the Kankakee County Housing Development Corporation and then-Presence St. Mary’s Hospital (now AMITA Health), with participation from the Kankakee Valley Park District and Community Foundation of Kankakee River Valley. The project aligns affordable living with accessibility and support for healthy aging.
INVESTMENT OPPORTUNITY 14,600 SF mid-1800s stone building in view of the KankakeeRiver. Formerly a banquet hall and full-service restaurant. Within Kankakee River Valley Enterprise Zone and New Markets Tax Credit boundaries.
