The Moline City Council will vote Tuesday night on giving The Amin Group the rights to develop the Quad Cities Multi-Modal Station.
The Multi-Modal station will house the Amtrak station that’s coming to Moline. As previously reported, Illinois will build an Amtrak line that makes two round trips a day from the Chicago area to Princeton, Geneseo, and then to Moline. Total, the project is expected to cost $222 million.
The Multi-Modal station will go up in the old O’Rourke building at 12th Street and 4th Avenue. It’s a six story building that was built in 1917. The first floor will be used for the Amtrak station. Floors two through six are supposed to be used for private development.
The Amtrak building is supposed to be done by the fall of 2014, and the Amtrak line is supposed to be finished a year later. The Amin Group will receive “tax increment financing” or TIF funds to develop the site.