Multi-Million Dollar Development Moves Into Downtown Davenport - News and Weather For The Quad Cities -

Multi-Million Dollar Development Moves Into Downtown Davenport

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A new group has plans to remodel a nearly 100 year old building downtown, investing about $5.6 million into the project and bringing nearly 60 jobs to the area. 

The building is at 3rd and Main street in downtown Davenport. It was built in 1916 and used to house about 13 stores, including United Cigar. Since then, the building has been mostly vacant for the last decade. 

Now Big Dog Construction in Davenport and its partners are breathing new life into the building. 

The building's new owners want to put in a bar/restaurant with a beer garden on part of the roof and room for five retail shops on the ground level. Plus, they want to add four to five floors of apartments up top with about 15 units on each floor. 

Photographer Rick Jennisch made the move into this building in downtown Davenport two years ago;    his studio has been one of the lone businesses in this mostly empty building. 

"There's a boutique on the corner that's been there a couple years, it was just them and us here for quite a while," Jennisch says. 

Now with a multi-million dollar development moving in next door, he's looking forward to having new neighbors.

"It'll be nice to have some additional traffic and to have a restaurant next door and to see the storefronts fill up," he says. 

With the new development, Jennisch is also hoping for a business boost of his own. 

"Our business is up 25 percent since we moved downtown," Jennisch says, "The more people that come into businesses close to us, they see our storefront and we get referrals from that." 

Co-owner of Big Dog Construction Shawn Larson says the project is one of many popping up around downtown Davenport. 

"What we've seen and what we're looking at seeing is more of the same, we've seen rapid growth," Larson says.  

Larson says more loft apartments and small businesses are coming in, benefiting from each other. 

"The more downtown living we have, the more retail you're going to continue to see," he says.

And there's only more to come.  

"Where it is now compared to ten years ago? I'm really excited for the next five years," Larson says. 

The new developments are bringing more people and businesses downtown, and helping existing businesses, like Rick Jennisch's.  

"We're just going to continue to see downtown grow," Larson says. 

"There's a lot of new condos going in and new apartments, and that helps all the businesses down here," Jennisch says. 

Right now they're working on getting the ground floor ready to go and opened up by September 2013. 

The apartments will take a little longer, about one to two years down the line.

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