Rock Island Mayor Dennis Pauley says that construction of a new Wal-Mart could start by the end of this year.
It comes just a week after city leaders said that the new store would likely not be open by 2014. On Monday, March 17th, 2014, the Rock Island City Council approved a TIF District for 11th Street, where the proposed Wal-Mart will go. A TIF district will give tax incentives to the developers of the new store. The retail giant has not approved building at the site though.
“We’re ever the optimists, but we’ll have a great piece of property to work with,” Economic Development Director Jeff Eder said on March 17th. “All indications are Wal-Mart wants to build sooner rather than later.”
City leaders could approve demolition of the Watchtower Plaza on Monday, March 24th, 2014. The Watchtower Plaza is the proposed site for the new Wal-Mart. Monday’s meeting starts at 6:45 p.m. at Rock Island City Hall.