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Council approves placing redevelopment-extension for Ray Street Ventures on consent agenda
Urbana Committee of the Whole (City Council) · January 20, 2026
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Summary
The council agreed to put an amendment extending the completion date for the Ray Street Ventures redevelopment (118–120 S. Ray St.) to Oct. 31, 2026, on the consent agenda after the developer said unforeseen construction work required a conservative cushion; developer Patrick Singer said the team expects to finish sooner.
Olivia presented a proposed amendment to the Ray Street Ventures redevelopment agreement for properties at 118 and 120 South Ray Street to extend the project completion date from March 31, 2026, to Oct. 31, 2026. She said the original redevelopment…
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