Housing

Housing

Assisted-living facility moving forward, hotel still stalled in Rantoul

RANTOUL — Plans are progressing for an assisted-living facility on Rantoul's west side, Village Administrator Jeff Fiegenschuh told members of the Rantoul Economic Development Advisory committee.

Unused pool space could be turned into apartments

CHAMPAIGN — With the pools now closed at the McKinley Fitness Center, the building's owner is weighing the idea of turning the unused space into apartments.

U.S. home sales plunge 4.9 percent in January

JOSH BOAK, AP Economics Writer

It's Your Business: Developer updates First/Springfield plans

CHAMPAIGN — Dan Hamelberg has updated his plans for developing the northeast corner of First Street and Springfield Avenue in Champaign.

Hamelberg, the chairman of The University Group, said he plans to tear down all the buildings on the east side of First Street from Springfield Avenue north to White Street.

Building permits, Feb. 22, 2015

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, description, site and cost.

CHAMPAIGN

Average U.S. rate on 30-year mortgage rises to 3.76 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates have risen for a second straight week yet remained near historically low levels.

Housing project's future in question

ST. JOSEPH — When Abbeyfield of St. Joseph was proposed in 2002, the idea was to keep seniors in their hometown.

All these years later, that remains the hope. It's just taking a lot longer — and getting a lot messier — than anyone anticipated.

APARTMENT U

CHAMPAIGN — No more IHOP. No more Burger King. No more Garcia's Pizza-in-a Pan. No more Co-Ed Cinemas. No more Lot J.

All those landmarks along Green Street in Campustown are gone, razed to make way for big new apartment complexes for University of Illinois students.

Building permits, Feb. 15, 2015

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, description, site and cost.

CHAMPAIGN

Roland Realty, alteration to duplex at 1014 S. Oak St., $209,000.

MAHOMET

Building permits, Feb. 8, 2015

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, description, site and cost.

CHAMPAIGN

Dodds Company, alteration to office at 701 Devonshire Drive, $200,568.