Effective Feb. 1, Christian Horizons will be acquiring River Birch Senior Living, located at 4012 Cockrell Lane in Springfield. The transaction will also include 19 acres of land for potential future growth, according to Ray Dickison, chief operating officer for Christian Horizons. However, he said the company is “currently considering different options” and doesn’t have […]
Business News
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RSM restructures Springfield office
RSM US, part of a global network of independent audit, tax and consulting firms, is keeping its Springfield office open but not necessarily all of its previous clients. Earlier this month, some individual and corporate clients received a letter from RSM which stated in part, “…due to the new tax reform legislation and related changes […]
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Best Places to Work nomination deadline
Nominate your company for this year’s Best Places to Work, sponsored by United Community Bank and Springfield Business Journal. The winning companies will be profiled in the March issue of SBJ and all employees will be invited to a reception and awards ceremony. Criteria to nominate your company: Must have been in business at least two years Be […]
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Program fosters entrepreneurship
Innovate Springfield helps take ideas from concept to completion BY CATHERINE O’CONNOR For nine local start-up entrepreneurs, graduation night on Oct. 30 marked the completion of the Co.Starters program, a series of weekly three-hour intensive seminars presented through Innovate Springfield, the business incubator supported by University of Illinois Springfield. Before deciding on the Co.Starters program, […]
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Elevation Financial Group acquires two senior living properties in Springfield
Elevation Financial Group has acquired its first two properties in Illinois, Homestead at Montvale and Homestead Place. The company, based out of Orlando, Florida, owns and manages seven senior living complexes nationwide and provides management services for an additional three senior properties, according to Jennifer Morrill, vice president of senior portfolio and operations. In addition, […]
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MSF&W under new ownership
MSF&W, an information system consulting firm founded in Springfield in 1991, has new ownership as of Sept. 30. Longtime employee Laurie King is now a majority shareholder with 52% ownership of the company, while two of the original founders, John Marucco and Darrell “Duke” Stoddard, each retained 24% ownership. “Now we can apply to become […]
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Mix of residential and commercial development planned for Rochester
By David Blanchette Plans for the 49-acre multi-use Cardinal Hill Crossing development in Rochester are moving along, and the project developer hopes to begin physical work on the property in early 2020. Cardinal Hill Crossing is flanked on one end by Rochester Intermediate School and the new Rochester Fire Protection District Station and on the […]
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Studio on 6th has new owners, same mission
Chris and Laura Camp, owners of Simply Fair, are also the new owners of Studio on 6th, an artists’ co-op in downtown Springfield. While the two retail businesses each have a different business model, Laura Camp said there is actually some overlap. “We have folks come in and ask if they can put their handmade […]
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New ownership for Mel-O-Cream Donuts
Mel-O-Cream Donuts, a Springfield staple since 1932, has been sold to a new owner. Springfield resident Amanda Crossland is the principal of Sangamon Donuts, LLC and acquired the four retail locations on July 14. Crossland, who previously worked for Bunn and H.D. Smith, was the manager for consumer marketing and sales support when she left […]
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Third time’s the charm?
The Cardologist, a long-time downtown business known for its selection of socks as much as cards and gifts, is facing the prospect of having to relocate again for the third time in just over three years. Owner Doug Mayol says his landlord has given him notice that his lease will not be renewed when it […]
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Tacology 101 reopens after minor fire
Tacology 101, located at 219 S. Fifth St. in downtown Springfield, will reopen today after a minor fire Monday afternoon. Owner James Hamilton said that there was no damage to the interior of the restaurant, “just a mess outside we had to clean up.” Firefighters out on another call around 4:30 p.m. Monday noticed smoke […]
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MacArthur redevelopment project on hold
Developer Eric Hoogland has tabled plans for a major redevelopment project on MacArthur Blvd., although Ward 7 Alderman Joe McMenamin says it may still happen in the future. CEHOG, LLC, an entity controlled by the Hoogland family, was under contract to purchase more than one-and-a-half acres of land at the corner of MacArthur Boulevard and […]