Following the tragic accident April 28 at the Chatham YNOT after-school program that resulted in the death of three children and a teen, the community held vigils and sought ways to help all involved. Those killed were Ainsley Johnson, age 8; Kathryn Corley, 7; Alma Buhnerkempe, 7; all of Chatham, and Rylee Britton, 18, of […]
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Building permits – June 23 to June 29
A commercial building permit was issued for 4801 Wabash Ave. Property owner was not listed. Contractor is E.L. Pruitt Co. and the project is valued at $2.78 million. Max D. Hammer and Cheri Cox received a commercial remodel permit for 2941 Greenbriar Drive. Contractor is Cox Builders Inc. and the project is valued at $450,000. […]
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The lurking danger of legacy liability
One would think that when purchasing a business through an asset sale, a seller’s legacy liabilities stay with the seller and don’t attach to the buyer. In most instances that’s true. The purchaser of a business asset is not going to be on the hook for existing liabilities connected to the assets. But there are […]
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Building permits – May 19 to May 25
Madison Park Place LTD Partnership & S.H.A. received a commercial remodel permit for 1156 E. Reynolds St. Contractor is O’Shea Builders and the project is valued at $97,000. Madison Park Place LTD Partnership & S.H.A. received a commercial remodel permit for 410 N. 13th St. Contractor is O’Shea Builders and the project is valued at […]
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Future of Wyndham is uncertain
It may be many months before the Wyndham Springfield City Centre Hotel can reopen. The 370-room, 30-story hotel at 700 E. Adams St. in downtown Springfield was damaged by internal flooding on March 27 and has been closed since then. An initial estimate from the Wyndham’s owner that the hotel would be closed for up […]
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Ward 5 Ald. Lakeisha Purchase launches 5th Street Gem
Ward 5 Ald. Lakeisha Purchase says she’s putting her money where her mouth is and launching her own business, 5th Street Gem, in a newly renovated building downtown after years of encouraging other entrepreneurs to invest in the area. “I have a true passion for our downtown, and not just because I represent part of […]
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Renovations underway for Schlee’s Gourmet Bakery & Bottle Shop
Renovations have begun on a downtown building that is slated to become a coffee shop, bakery and wine bar. Plans for Schlee’s Gourmet Bakery & Bottle Shop were initially announced last fall, but co-owner Ashley Rickenbach said the scale of renovations needed to turn the former hair salon at 225 S. Sixth St. into a space with […]
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IHDA funds projects in Springfield, Jacksonville
The Illinois Housing Development Authority has announced the conditional award of more than $50 million in state and federal funding to spur the development of permanent supportive housing throughout Illinois. Of the seven statewide projects slated to receive funding, one is in Springfield and one is in Jacksonville. Bluestem Housing Partners and Envision Unlimited received […]
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Building permits – May 12 to May 18
Chad E. and Jennifer Ann Clem received a commercial permit for 4905 Rodger St. Contractor is Chad E. and Jennifer A. Clem and the project is valued at $65,000. Sunsail Properties LLC received a commercial permit for 3411 Hedley Road. Contractor is Joyner Construction Services and the project is valued at $2 million. Legends Entertainment […]
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Charlie White joins First Women’s Bank
Charlie White has joined First Women’s Bank as a senior vice president business development officer. The bank, which will celebrate four years in business in July, describes itself as “the nation’s only bank with a strategic focus on supporting the women’s economy and closing the gender lending gap.” White spent nearly seven years as a […]
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Field of dreams
Things are progressing quite nicely with Scheels Sports Park at Legacy Pointe, according to all the principals involved. After years of uncertainty over its viability, a 180,000-square-foot dome is slated to be inflated in the latter part of June, with sports activities expected to start in October. The grand opening of the park’s primary money-making […]
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Former Sangamo Club property still on the market
It’s been a little over a year since PNC Bank foreclosed on the former Sangamo Club and so far, there have been no takers to repurpose the downtown property, despite significant price reductions since it was first listed for sale. The 28,000-square-foot building at 227 E. Adams St. was initially listed by Hurwitz Enterprises in […]