Subscribe for 17¢ / day

As downtown Moline welcomes the new Element hotel as part of The Q development, the wait continues for passenger rail. 

Ray Forsysthe, the city's planning and development director, said there is no update on a timeline other than "it is in the state of Illinois' five-year plan."

He said local officials recently learned that the 1-5 year capital plan includes plans to construct a new track connection near Wyanet, Illinois, a train layover facility and other improvements.

"Obviously, we're excited the state is committed to the project," he said. But, he added that there is no timeframe to when Moline and the Quad-Cities will get rail service to Chicago.

Meanwhile, Bush Construction has completed construction of the all-glass Grand Hall, a key part of the station. The facility will share space with the Element Moline hotel. 

He said the hotel ownership is working to secure leases with two tenants, whom he would not identify. There still is other commercial space off the Grand Hall in the area that connects it and the hotel.

The Q, a $39 million project including the $16 million hotel, is part of more than $300 million Moline Centre has seen since the now Taxslayer Center opened in 1993.

Forsythe said another $64 million in private development is slated with Heart of America's new hotel in the former Fifth Avenue Building; IH Mississippi Valley Credit Union's new corporate headquarters on River Drive, and Heart of America's plans for an apartment building at the former John Deere Collector's Center site.

Add to that, he said, the new $1.25 billion Interstate 74 bridge. "It's a huge opportunity for Moline, it's obviously a once-in-a-life-time opportunity."

Forsythe said downtown already has been successful in attracting new investment. "One of the other things interesting on these projects is private developers are coming in and doing the big part of the project."

0
1
0
0
3