CHAMPAIGN, Ill. (AP) - A developer from Rhode Island has begun work on a 538-bed luxury apartment building for students in Champaign.
Gilbane Development Co. hopes to open the new housing development in summer 2019.
It's located near Champaign's Campustown on the site of the former Marquette School. Public records show Gilbane bought most of the block in August 2017 for $6.8 million.
The luxury housing will include furnished apartments with a bathroom for each bedroom, washers, and dryers in each unit and a 50-inch flat-screen TV. There will be a heated pool, hot tub, a rooftop terrace, fitness center, business center, computer lab, clubhouse, game room, picnic area and group study rooms.
Marketing manager Stephanie Handfield says rents are "to be determined."
It will be called Octave.