Ray Forsythe

WVIK News

Two developers have plans for an old warehouse in Moline, and Tuesday afternoon, they'll present them to city officials for the Spiegel Building, on River Drive.

WVIK News / WVIK News

Plans are being made to build more apartments and a new hotel in downtown Moline. Tuesday night the city council will be asked to approve several projects.

Planning and Development Director, Ray Forsythe, says one proposal would convert the upper floors of the Chase Bank Building into 31 apartments, while another would convert the Fifth Avenue Building into what he calls a "high end, full service hotel."

The City of Moline wants to hear what residents have to say about paying for a redevelopment project downtown. Tuesday night, the city council will hold a public hearing on a proposed tax increment financing district. It would be located between 12th and 21st streets.

Ray Forsythe, Moline's planning and development director, says the TIF district would include 82 parcels of land, all located downtown. 

Most of the properties are too expensive to develop privately. And, they have environmental problems such as asbestos and lead paint.

Many new commercial and residential projects were completed in Moline last year, and more are in the works for this year. That was the message Monday from Mayor Scott Raes during his annual state of the city address to members of Kiwanis and Rotary clubs. 

He says financially the city is in good shape - maintaining a strong bond rating, and having a lower tax rate than both Rock Island and East Moline. 

Raes says Moline continues to fully fund its police and fire pensions, and was recently voted one of the ten "happiest" cities in Illinois. 

City of Moline

The City of Moline is looking for someone to redevelop a vacant warehouse, that'll sit near the new I-74 bridge once its built. Last month, the city purchased the old Spiegel Warehouse on 20th Street, and today sent out a request for proposals.

In December, aldermen approved buying the lot that includes the Spiegel Moving and Storage building for over $300,000. Planning and Development Director, Ray Forsythe, says the 33,000 square foot, four-story building is structurally sound, and could be used for residential or commercial space.

Russell Construction

Moline may help a company that wants to expand in the Quad Cities. Tonight, the city council will consider an "economic incentive agreement" for the development of a vacant property on 22nd Avenue at 53rd Street in Moline.

Planning and Development Director, Ray Forsythe, says the collection agency, H&R Accounts, has a lease with Russell Construction, to build a new 4.8-million-dollar office building. 

City of Moline

The City of Moline wants to boost economic development downtown. Tonight, the city council will review a plan to create a new tax increment financing district, from an existing district set to expire in six years.

wvik staff

Work has begun to turn a vacant building in downtown Moline into an Amtrak station and hotel. Last week, barriers went up around the O'Rourke Building at 4th Avenue and 12th Street, and exterior work is underway, cleaning and tuck pointing.