Peterman Financial Group has had a presence on MacArthur Boulevard for more than two decades, so when owner William Peterman decided it was time to expand, he didn’t look any further than the space adjacent to his current office. The financial planning firm currently occupies the 1600-square-foot office at 1515 S. MacArthur Blvd., and Peterman [...]
Mas Sabores, a Mexican bakery, taqueria and ice cream shop, will soon open on North Grand Avenue. Alejandro “Alex” and Gabriela “Gabby” Rico are the owners of the business, which means “more flavors.” The couple currently operate a similar business, Sabores, at 323 N. Main St. in Chatham, along with a dog grooming business, Spaw [...]
Springfield architectural firm Allied Design Consultants has been acquired by GreenAssociates, Inc., an Itasca-based architecture firm. According to Todd Hannah, the former owner of Allied Design Consultants, not much will change in terms of the day-to-day operations. The firm will continue to operate out of its current location at 1413 S. MacArthur Blvd. “I’m the [...]
The state of Illinois has acquired 9.4 acres of land in the Dirksen Business Park located at 2900 Dotmar Drive to construct a new central computing facility for the Illinois Department of Innovation & Technology. The facility will house around 300 employees who will handle various aspects of the state’s IT infrastructure. The Rebuild Illinois [...]
By Carey Smith The impacts of the COVID-19 pandemic have been felt in every aspect of our lives, and the banking world is no exception. As with every person and every business, adaptation has been the key to success in weathering the upset of normality. As a response to the uncertainty caused by onset of [...]
Conn’s Hospitality Group announced in a press release issued Oct. 22 that the group has purchased the Vinegar Hill Mall, the Baur’s Building and the Dewitt Wickliffe Smith Mansion located on Cook Street between Second Street and Spring Street in Springfield. The nearly three-acre site is located just south of the Capitol complex in downtown [...]
By Peter Hancock, Capitol News Illinois Gov. JB Pritzker’s administration on Thursday announced the awarding of the first $24 million in “Back to Business” grants, a program funded with federal relief aid to help businesses recover and reopen from the pandemic. The announcement took place at a Mexican restaurant in the Little Village neighborhood of [...]
By Jerry Nowicki, Capitol News Illinois The state announced a $250 million “Back to Business” grant program aimed at assisting small businesses in the recovery from the ongoing COVID-19 pandemic and associated economic shutdowns. The program is funded by the federal American Rescue Plan Act signed by President Joe Biden, and it includes specific set-aside [...]
Horace Mann Educators Corporation has signed a definitive agreement to acquire Madison National Life Insurance Company, a subsidiary of Independence Holding Company. Madison National is a leading writer of employer-paid and sponsored benefits provided to educators by K-12 school districts. The transaction is expected to close early in the first quarter of 2022, subject to [...]
Despite the demonstrated demand for apartments in downtown Springfield in the 2013 Bowen Housing Study, less than half of the number of units have been constructed to meet that demand in the eight years since the report came out. Downtown advocates are hoping that a new workshop will jumpstart more property owners to make the [...]