However, from Alderman Frink's blog, I paste this info:
7) What is happening to the Forest Block building?That's good news for sure. I must say that I can't think of a single building in Davenport the would make a better poster child for "slum and blighted conditions."
A) The City has conditionally awarded Highland Investments $200,000 to assist in the redevelopment of the façade of the building through the Community Development Block Grant (CDBG) Downtown Redevelopment Program. This program is for the removal of slum and blighted conditions in targeted downtown commercial buildings. Because the program is federally funded, we had to conduct an environmental assessment on the building. That environmental assessment has been completed and final clearance was received by the federal government approximately ten days ago. A commitment letter from the City to the company will go out later this week. The CDBG award will be contingent upon the company securing all financing for the project, which I understand the company is in the process of finalizing.
In other news, does anyone know what's happening in the block between 3rd and 4th and Scott and Western? There's been a lot of earth-moving, digging, demolition, and other assorted activity at the site next to the pawn shop there for several months. For a while it looked like they were tunneling under 3rd street. Nobody that I've talked to knows anything about new construction there, so is it just a new parking lot? Anybody?
Also, yesterday's QCTimes article about the Mississippi Lofts might be the article that finally convinces me to give up reading the QCTimes.comments. I don't know if the comments are coming from 8 year olds, or 80 year olds, but whoever they are they have no idea about current rental prices. (or much of anything else) It seems like no matter what the article, most of the commenters there are negative about it. The reason you probably won't ever see this blog listed on the QCTimes blogroll is because I don't want all that additional negativity over here.