Bettendorf Economic Development Director Jeff Reiter grew up in a house off 17th Street so he's had a firsthand look at the progress made in the downtown.

Reiter said he's heard rhetoric every day about how the downtown looks like a battlefield, but he stressed there was a lot of activity currently going on and to come to a packed room of Bettendorf Business Network members Tuesday afternoon at the Hilton Garden Inn .

"One statistic I'm very proud of is since June of 2016, separate from the bridge construction, which is a $1.4 billion project, downtown Bettendorf has seen private investment over $115 million," Reiter said.

Like he did with the Bettendorf City Council, Reiter walked the room through the virtual flyover that shows projects that were in-progress or close to being conceptualized.

The video is intended to be a living document, which allows for new projects to be added as they get closer to being realized.

Not only does the video show how State and Grant Streets can be turned into two-way thoroughfares, it explores the major projects currently under construction such as The Bridges lofts, Ascentra Credit Union's new headquarters, the Jetty Park behind the Isle Casino Hotel Bettendorf and the urban park under the new bridge.

Newbury Living President Frank Levy was on hand to provide an update on The Bridges, which is replacing the former Twin Bridges Motor Inn.

The $23 million project will create 132 market rate units between two five-story buildings.

The first building is set to be completed toward the end of 2018.

"This project was all about becoming its own destination," Levy said. "There's so much happening in Bettendorf that it's very exciting."

Across the street, Built to Suit, Inc. President Kevin Koellner has acquired most of the properties and has expressed interest in creating another mixed-used building that will complementary uses.

Down the street, Ascentra Credit Union will be creating a close to 40,000 square-foot building for its new headquarters at the site known as Town Square.

Reiter said that Bettendorf's new downtown business organization will be offered free space for its offices as well.

"Our goal is to obviously drive more economic development and provide more events, beautification and all of the above downtown," Downtown Bettendorf Organization manager of operations Ryan Jantzi said.

A pedestrian-type of promenade has also been envisioned to help make the area more walkable and friendly.

On the river-side of the Isle, construction of a Jetty Park will begin in the spring that is intended to be a destination of its own.

Besides hosting events like weddings, Reiter said there will be accessible fishing piers in addition to having the bike path run through the park.

With all of these projects coming up through the next few years, Reiter said there was a lot to look forward to.

"People are excited about downtown Bettendorf," Reiter said. "This is something as a kid growing up here that I haven't seen in some time."

3
0
0
0
0