East Peoria developer under contract to buy Eastland Mall

 

The Bloomington City Council will consider several items to boost redevelopment of Eastland Mall as an East Peoria developer is under contract to purchase the property. The city announced Friday in a press release that East Peoria-based Cullinan Properties is under contract to purchase the entire 53-acre site for $11.3 million. According to the city, the deal could close as early as November.