It looks like DeKalb is trying to become a boom town by adding new upscale apartments and hotels.
First, the Cornerstone apartment project was built with 50 upscale apartments and now another new downtown upscale apartment project is scheduled for Lincoln and 2nd street. The City of DeKalb has received a request for proposal to seek TIF money from John Pappas and the Heartland Real Estate Corporation for a proposed mixed-use building on the property currently called the Mooney Building (pictured above, at 4th Street and Locust Street, across from Melin’s Lock & Key). The plans call for two buildings, with both having ground-level retail space with upscale apartments above.
Another project, that is currently on hold, is the old hospital building (across from the Ellwood House & Museum) that is the site of a proposed boutique hotel whose developers have requested TIF funds.
Ground breaking will happen soon, however, for the new Home2 Suites extended stay hotel on South Annie Glidden, which will provide an additional welcome to people visiting NIU and DeKalb. This will be near the Hampton Inn (a Hilton property) that opened several years ago.
Keeping with the trend, the Baymont Hotel & Suites on West Lincoln Highway (next to Fatty’s Pub) has been sold and is being remodeled to become a Comfort Inn & Suites (A Choice Hotel product) by early summer 2019. According to the new owner and management team they are excited to bring this new brand to DeKalb.
If all these projects happen, then DeKalb can become more of a tourist town with plenty of space for visitors.
Note: You can see more details about some of these projects in the agenda for Friday’s DeKalb City Council Meeting (see attachment below)._04262019-1616
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