Business Plans Move To Downtown Prophetstown Destroyed By Fire - News and Weather For The Quad Cities -

Business Plans Move To Downtown Prophetstown Destroyed By Fire

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Like rising from the ashes, there are plans for a new development going up in downtown Prophetstown, Illinois.

A fire ruined businesses and apartments in the downtown area last July. It was later determined the fire was set by two juveniles. The buildings were torn down and the city has been trying to find new businesses to move in.

Now, KWQC-TV6  has learned that I.H. Mississippi Valley Credit Union will open a branch that will take up to three of the now-vacant lots. The city is giving the lots for free, as an incentive to bring in new businesses.

The Larry DeNeve, Director of Economic Development for Main Street Prophetstown says the credit union already has a location in Prophetstown, but the downtown property will allow it to have room for a drive-up area. 

DeNeve says the credit union will also feature a design meant to fit in with the historic brick buildings it’ll be surrounded by.

An official groundbreaking isn’t set yet. DeNeve expects it will be sometime later this year. The credit union is expected to release more information next week.

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