U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Illinois
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 01-23-2009, 02:52 PM
 
1 posts, read 5,512 times
Reputation: 10

Advertisements

Hello,

My name is Casey Cavell and I am a real estate investor looking to invest in Danville's commercial real estate. I have researched the demographics and history of Danville and have some questions. I am hoping some of you can shed some light on the subject. I notice that the population of the city steadily decreased in the last ten years. Can anyone share some contributions for this trend?



How is Danville's industry changing to meet economic current economic needs? Your personal opinions and professional observations will help me greatly. If there are any other perspectives or your personal knowledge I should take into account I would appreciate the advice.


Casey Cavell
President
3C Investing, LLC
[url=http://www.apartmentoffernow.com]Apartment Offer Now[/url]
Reply With Quote Quick reply to this message

 
Old 02-24-2009, 09:59 PM
 
Location: Illinois
6 posts, read 22,018 times
Reputation: 11
I have lived in Danville for 58 years. What do you want to know? It has had good years and bad years, just like other areas across the states.

Ask me what ever you want.
Reply With Quote Quick reply to this message
 
Old 02-24-2009, 10:28 PM
 
367 posts, read 990,641 times
Reputation: 291
Quote:
Originally Posted by apartmentoffernow View Post
Hello,

My name is Casey Cavell and I am a real estate investor looking to invest in Danville's commercial real estate. I have researched the demographics and history of Danville and have some questions. I am hoping some of you can shed some light on the subject. I notice that the population of the city steadily decreased in the last ten years. Can anyone share some contributions for this trend?
Deindustrialization primarily. The industries that Danville relied on are in decline, and the firms that provided jobs in Danville have been steadily closing up for years, with nothing stepping in to fill the void. Plus of course some people unconnected to these industries are moving to outlying areas as the loss of jobs and income make the city less pleasant to live in. These account for the population loss.

Quote:
Originally Posted by apartmentoffernow View Post
How is Danville's industry changing to meet economic current economic needs? Your personal opinions and professional observations will help me greatly. If there are any other perspectives or your personal knowledge I should take into account I would appreciate the advice.
It's not, that I'm aware of. Danville is going through a very tough time right now. With the economic downturn, there is news out of Danville monthly about another plant that closed or is temporarily laying off workers. I'm not aware of any other type of employer or institution that is expected to step up in a major way and fill the gap. There are other affordable areas to live nearby, so some people are leaving. The costs of living and doing business in Danville are low so you have to expect manufacturing to start to move back into Danville when conditions improve. There are some government jobs to provide some stability, but otherwise manufacturing and other low-tech industry are the primary game in town. These are getting mauled right now, so Danville is facing some tough times relative to its neighbors.
Reply With Quote Quick reply to this message
 
Old 02-26-2009, 09:51 PM
 
Location: Illinois
6 posts, read 22,018 times
Reputation: 11
meatpuff is exactly correct in his anaylsis of the Danville situation. We are all concerned. I do believe there are enough icitizens in the town who truly care, that we will find a solution. I only hope it is in time.
Now I add that we were just moved to the south because of a plant closing. But we will be back! Our hearts are still in the midwest.
Reply With Quote Quick reply to this message
 
Old 01-19-2011, 05:48 PM
 
105 posts, read 220,390 times
Reputation: 57
I had and still have quite a bit of family in Danville, IL and Vermillion county. From visiting and hearing stories over the past 35 years this is pretty how THEY said it went: Danville has always been a depressed town that had been dying since the 60's. Danville got it's horrible rep when Chicago shipped in a bunch of people from the ghetto and section 8 housing. Crime has gotten alot worse in the past 10 years along with an influx of illegals and an outflux of Danville natives. They say that they don't see the town coming back because no one would want to move jobs there. My family has lived there since way before I was born so take it for what it is.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2013 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Illinois
Similar Threads
View detailed profiles of:

All times are GMT -6.

2005-2017, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32 - Top