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DEVELOPER WORKSHOP OCTOBER 18, 2011. Market Opportunities. Moline and The Quad City Market. Major Employers with Potential Impact On Site Development. Developmental Context. History of Public/Private Investment.
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DEVELOPERWORKSHOP OCTOBER 18, 2011 Market Opportunities
Major Employers with Potential Impact On Site Development Souce: Quad Cities First www.quadcitiesfirst.com
History of Public/Private Investment More than $300 million public/private dollars invested in more than 35 projects over the last 15 years.
Within the MSA Region Within ¼ MI Within 1 MI Within 5 MI Development Drivers- Market Area Populations
Development Drivers- Tourists and Visitors • I Wireless Center • John Deere Pavilion and Commons • Centre Station • Riverfront Bike Paths and Chanel Cat Taxi • Business Travelers • Education and University
Trends to Build Upon Public and Private sector commitment to Moline and downtown Moline. Growth and Development of Western Illinois University Downtown Campus; Entrepreneurial Corridor Proven strength of market: “Affordable” and market rate rental housing; loft and renovated housing in the downtown Hotels, particularly long term stay and moderate/first class downtown properties Daytime employee support for restaurants, specialty and service stores. Proximity of 5th Avenue and River Drive restaurant/specialty corridor Medical/Professional office markets Embracing THE river Regional Sports (ASA Softball and iWireless) Strength of downtown market and activity The Train and the continued building of the city and the region