ELDRIDGE, Iowa (AP) -- Leaders of the Quad Cities suburb of Eldridge are moving to create a commercial and industrial park in the hopes of attracting new employers and lowering property taxes.
The Quad-City Times reports that the proposed 500 acre (202 hectare) site is mostly privately-owned farmland located between Eldridge and the Eastern Iowa Industrial Center in north Davenport.
Eldridge has been working with Quad-Cities First, the economic development arm of the Quad-Cities Chamber of Commerce, to pursue site certification through the Iowa Economic Development Authority. Officials are also working to market some of the parcels that are available in the future business park.
Eldridge Mayor Marty O'Boyle says the Industrial Center is running out of large-sized tracts to attract another major development. Sterilite and Kraft Heinz recently constructed plants at the center.