Business

Business

New retail center planned close to Market Place

CHAMPAIGN — A new retail center is on the way in Champaign, near Market Place Shopping Center.

A sign has been posted at the northwest corner of Neil Street and Town Center Boulevard, directly across Neil from the Hobby Lobby store, announcing there will be 12,000 square feet of space available in this new development that's coming soon.

Urbana city staff propose revisions for Landmark Hotel plan

URBANA — City staff disclosed possible revisions Thursday to a proposed redevelopment agreement for the Landmark Hotel, including that the developer lowers the city's contribution to $7 million in post-construction bonds paid over 15 years.

Payless stores in Champaign stay open; one in Danville closing

Biz questions? Email Ben Zigterman at bzigterman@news-gazette.com

CHAMPAIGN — Both Payless ShoeSource stores in Champaign will remain open, but not the one in Danville on Vermilion Street.

That store will close immediately along with 399 other underperforming locations as the shoe company is filing for bankruptcy protection.

Busey relocating 50 workers to downtown Urbana branch

URBANA — Busey is spending $3 million to renovate its downtown Urbana location, making room for 50 employees it plans to relocate there.

Busey began renovations in March and hopes to complete them in August.

Carle adds Olney hospital

URBANA — A hospital in Olney is now the third hospital to become part of the Carle health system.

An integration deal between Carle and the newly-named Carle Richland Memorial Hospital was finalized April 1 and announced by hospital officials Monday.

Just Askin': When will the new Aldi in Savoy open?

Email your biz questions to bzigterman@news-gazette.com

When is the new Savoy Aldi going to open?

Aldi announced in December that it is coming to Savoy with the goal of opening in late 2017.

Winner is served: Gambling not only thing on cafes' menus

In 2012, Illinois began allowing restaurants and bars to add video-gambling terminals.

These can now be found nearly everywhere, with 241 terminals at 52 establishments in Champaign as of February, according to the Illinois Gaming Board.

Most of these are at restaurants or bars, but a new type of establishment — video-gambling cafes — has emerged since the machines were allowed.

Wired In: Skot Wiedmann

Each week, Paul Wood chats with a high-tech difference-maker. This week, meet SKOT WIEDMANN, 37, of Danville, the whiz technician in the University of Illinois Department of Electrical and Computer Engineering. He has studied electrical engineering as well as art, worked in TV and radio in London, and teaches a class in Art+Design here on electronics for artists.

Building permits, April 2, 2017

Listed are permits for all commercial and industrial work, all new single-family and multifamily residences and all residential remodeling costing more than $25,000.

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

Champaign

Walter Conroy, alteration to multifamily residence at 404 Edgebrook Drive, $35,445.