The deed of the former Hanford Inn & Suites is set to be granted to the City of Urbana this week, officials said. Urbana’s city council unanimously approved the redevelopment of the longtime vacant and deteriorating Hanford Inn & Suites on Nov. 3 with a proposal to take over the ownership and then negotiate a deal with a new developer. Photo Slideshow
Click to see more pictures of the Hanford Inn
Under the proposal, the city plans to transfer the property to Kelly Dillard and Dig It of Champaign in exchange for the demolition of the building and the redevelopment of the property, which is at 2408 Cunningham Ave. As part of the plan, the city will offer up to $300,000 in reimbursement costs to Dillard to offset demolition and asbestos removal expenses.