Business Report: High Speed Rail; YWCA Update; Aeropostale Closing Area Stores
NPR Illinois' Sean Crawford talks with Tim Landis, Business Editor for the State Journal-Register.
On this week's business report:
* YWCA block: two bids, one from Indianapolis and one local, came back from approximately 70 city solicitations for the downtown block; Flaherty & Collins of Indianapolis proposes developing nearly the entire block, including 200 apartments; Seth Molen Construction proposes eight high-end apartments in east half of YWCA building and would demolish the west half.
* Rail update: A hearing scheduled for 5-7 p.m. Wednesday at American Legion Hall in Chatham to update residents on final phase of high speed rail work in and south of Springfield; project suppose to be mostly finished this year.
* Aeropostale store in White Oaks Mall among 113 to close nationwide after parent company files for bankruptcy; also closing is one in Hickory Pointe Mall in Decatur.
* Barney's Furniture completes move to former Hobby Lobby at Chatham Road and Wabash Avenue on May 19 after 41 years on South Grand Avenue East.
Read the latest stories Tim is working on each day in the SJ-R.