Urbana Landmark Hotel Up for Auction
Submitted by BridgetB on July 24, 2018 - 3:43pmThe City of Urbana has been notified by brokerage Avison Young that the Urbana Landmark Hotel will be put up for auction beginning September 11, 2018.
Mayor Diane Marlin asked that developers step forward with their transformative ideas for Downtown Urbana.
“The location is outstanding and could be put to many vibrant uses—especially with the upcoming MCORE reconstruction of Green Street that will lead people directly from campus to the doorstep of the hotel property in the heart of downtown Urbana,” Marlin said. “We’ve asked the community to help re-envision the nine square blocks containing Lincoln Square Mall, the Landmark Hotel, and eight acres of public parking lots. We need to be imaginative and bold and enhance this site in a way that will serve the community for the next 50 years.”