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SPRINGFIELD, ILL. — Bluffstone Student Housing has opened The Villas Downtown Springfield, a 79-unit student housing development located near the University of Illinois at Springfield campus in Springfield. The development features 4,000 square feet of retail space. The residential portion of the community offers studio, one- and two-bedroom units with bed-to-bath parity. Common amenities at The Villas include a 24-hour recreational area, laundry facilities, community meeting areas, responsive concierge and a TV lounge. Town and Country Bank financed the $8.8 million development, which opened for occupancy on August 13.