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URBANA — Record Swap, which was on the verge of closing in April, will live on in a new space at Urbana's Lincoln Square.

Store owner Bob Diener said he's signed a new lease to take over the smaller of the two spaces occupied by Connections resale shop, which is closing June 30.

Diener said he hopes to be open at his new location by Aug. 1, and maybe even before that.

In business for 40 years, Record Swap has been at its current spot at 114 E. University Ave., C for 12 years.

Diener had been facing a potential closing at that location because an upcoming rent increase in July would have been unaffordable for him.

After news was out that he might be closing if he didn't find a new space, Diener said, he had several customers asking him to remain open, plus offers from property owners to show him other spaces.

"About seven or eight landlords called me or came by asking me to go look at their place, which was wonderful," he said. "I had three of them the first day."

Had he closed the retail shop, Diener was planning to continue operating his vinyl records, CDs and DVDs business via mail order, but some of his older customers weren't happy about that idea, he said.

"There was a couple of people who were really distressed because this is where they get their records or CDs," he said.

The Lincoln Square store will be 2,200 square feet, about the same size as the current space, Diener said.

Customers have been supportive about the upcoming move, he said, and some have also told him it will be easier to access because it comes with Lincoln Square's parking lot.

In his current spot, he said, "we've never had good parking."

Not only that, Diener said, he'll be able to walk to work in about eight minutes, "and I won't have to shovel snow in the winter."

He also likes being near the shops already in Lincoln Square, among them the IDEA Store, Common Ground food co-op and Art Coop.

Not only that, downtown Urbana has increasingly grown in live music venues, Diener said, "and hopefully something gets done at that hotel."

After some failed attempts to redevelop the Landmark Hotel next to Lincoln Square, there was a pending deal announced recently to turn the hotel into a boutique Hilton Tapestry-branded hotel.

If he takes possession of his new space early enough, Diener said, he may have a moving sale going on at his current spot for a week after his new Lincoln Square store opens.