Rock Island Economic Growth Corp., or GROWTH, announced today that applications are now available for anyone interested in living at Jackson Square, Rock Island’s newest housing development.
The former Illinois Oil Co. has been transformed into 30 residential units featuring one-, two- and three-bedroom apartments ranging from 830 to 1,300 square feet. The $8.8 million adaptive reuse project has been named after the previous owners of the building as a tribute to their involvement in the history of the circa 1922 local landmark.
GROWTH purchased the building in 2010 to advance the city’s Downtown Strategic Plan by continuing to grow the downtown population and meeting the housing needs of the community. GROWTH broke ground on the brownfields redevelopment on Nov. 10, 2010, and within a year has demolished more than 40,000 square feet of blight.
Jackson Square’s urban setting will allow its residents easy access to many local employers, including the nearby Rock Island Arsenal.
Rents range from $432 to $875. Households eligible to live on the site can earn up to 120 percent of the area median income. For example, that would be $77,000 for a family of four.
Applications are required to determine eligibility and will be reviewed by Jackson Square’s property management company, Pioneer Property Management.
Applications are available at these Rock Island locations: Voss Brothers Lofts, 219 21st St., or Renaissance Rock Island, 100 19th St., Suite 109. For more information, contact Pioneer Property Management’s Rock Island office at 309 788-7940 or its main office at 608-348-7755.