People May Live in Downtown Moline's Old JCPenney
Renew Moline will work with Bush Development to find a new use for the former headquarters of Riverstone Group.
The company gave the property to Renew Moline in August.
The two-story building has 35,000 square feet of space and is located in the 17-hundred block of 5th Avenue in Moline.
Renew Moline Chairman, Greg Derrick, says the goal is to redevelop the property with Bush which may include creating apartments. The building used to be a JCPenney store.
Renew Moline and Bush say the next steps are to refine plans for the project and negotiate a development agreement with the City of Moline.