All Business Content

All Business Content

Bay Harbor files for bankruptcy protection

CHAMPAIGN — A Champaign apartment rental business has filed for Chapter 11 bankruptcy protection.

Bay Harbor Apartments LLC is seeking to reorganize its debts as a result of the March 18 filing in U.S. Bankruptcy Court in Danville.

The company, represented by Champaign attorney Brett Kepley, reported total assets of $2.89 million and total liabilities of $8.82 million.

Wines at the Pines closing

Inventory discounted as shop wraps up 3-year run at shopping center

URBANA — Wines at the Pines plans to close April 27 after a 3-1/2-year run at The Pines shopping center in southeast Urbana.

The shop, which sells wines, craft beers and coffee, opened in 2009 at 2860 S. Philo Road, U.

Danville City Council panel to weigh extension on loan payback

DANVILLE — Kohl's is open and selling, and the walls of the T.J. Maxx store are going up, but the city still hasn't received the federal grant money it needs to cover the $600,000 it took out of its general fund in 2011 to complete the $2 million incentive package for the retail development on North Vermilion Street.

Champaign City Council set to vote on deal with JSM for Lot J project

An earlier version of this story included an incorrect start date for the project based on erroneous information in a city report. The correct date appears below.

CHAMPAIGN — Work could begin in fall 2013 on a much-anticipated 12-story hotel and residential complex at Sixth and Green streets if city council members approve an agreement with JSM Development this week.

Business calendar April 7, 2013

Tuesday, April 9

Building permits April 7, 2013

Listed are recent permits for all commercial and industrial work, all new single-family and multifamily residences and all residential remodeling over $50,000.

Permits are listed by applicant, location, description and cost.


Weger & Associates, addition to Mattis Avenue Free Methodist Church at 1913 S. Mattis Ave., $1,237,721.

Business listings April 7, 2013

The following applications for assumed business names were filed recently at the Champaign County clerk's office:

A&K Mega Services, 1401 N. Prospect Ave., Unit 3, C, by Daifallah and Ayoub AbuDayya, both of 1814 Lynhurst Drive, Savoy.

Daisy Potts Boutique, 1521 Gates Drive, Rantoul, by Keli Potts, same address.

It's Your Business: Food truck, brewery teaming up Saturday

Two diverse businesses are joining forces for a special event on Saturday.

The Cracked Truck, a food truck that serves breakfast sandwiches, burritos, veggie wraps and specialty tater tots, will park across the street from Triptych Brewing at 1703 Woodfield Drive, Savoy, from noon to 3 p.m.

Business & Professional Briefs April 7, 2013

New jobs

Schaefer, Lewis receive promotions.Tony Schaefer and Kim Lewis have been promoted at First Federal Savings Bank of Champaign-Urbana.

Schaefer is assistant vice president, residential/consumer loan officer. He joined the bank in 2003 and was most recently assistant vice president of operations.

Technology developed by Champaign firm enables live broadcasts

CHAMPAIGN — Pick a major live TV broadcast — the Super Bowl, the Oscars, the Grammys, the U.S. Open — and there's a good chance technology developed by Champaign-based Cobalt Digital helped make it possible.

Cobalt Digital, which recently moved into new quarters at 2506 Galen Drive, C, has been in Champaign-Urbana about 15 years.