Genesis Updates Moline on $13 Million Project
Genesis will update the Moline City Council on its $13 million medical park.
The project is going up on 41st Street just south of the Whitey’s Ice Cream. The project has gone up extremely fast in the past eight months.
As previously reported, the Moline City Council approved tax increment financing or TIF funds for phase one of the project back in December of last year. The city will be giving Genesis about $1.5 million in order to help Genesis pay off its debt.
Two days after the City Council approved the project, Genesis held a tree planting ceremony, and crews broke ground on the site. The site used to be a landfill in the city.
The company is building a 50,000 square foot office building, parking lot, and roads into the development for phase one. City workers say there could be as many as six phases in this project. Phase one construction is supposed to be done this fall. Tuesday’s committee meeting starts at 6:30 p.m. at Moline’s City Hall.