Davenport Aldermen Discuss Downtown Development - News and Weather For The Quad Cities -

Davenport Aldermen Discuss Downtown Development

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Davenport aldermen held a work session Monday night to discuss moving forward with two development projects.

One involves a $60 million private investment from the Gills and their development company Restoration St. Louis. The Gills were behind the development of Hotel Blackhawk and want to create an 60-suite extension of the hotel by renovating the Parker Putnam block on 2nd St. between Main and Brady. The Gills said through renovating the block, they would also create a skybar, a combination grocery store and pharmacy, a culinary school and office space.

In return for their investment, the city would provide tax incentives. Restoration St.  Louis provided fliers at the Monday work session that said the City Square project would create 365 new permanent jobs.

Also discussed at Monday's meeting – a plan to improve Modern Woodmen Park. River Bandits owner Dave Heller has committed to investing $1 million in the park to add three new deck areas and a new seating area if the city agrees to increase its yearly investment in the park.

City Administrator Craig Malin said the city invests $300,000 per year in the park, but would have to increase that number to $375,000 to get Heller to make the investment.

If council approves the project at next Wednesday's city council meeting, the Gills said their project could be complete by April 2016 and Heller said his would be complete by the start of the 2014 season.

 

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