Rock Island Economic Growth Corporation (GROWTH) broke ground on the rehabilitation of the historic Star Block, 1821-1823 2nd Ave., on Friday, Aug. 1, 2014, in downtown Rock Island.
The Star Block was designated a Rock Island landmark in 1991. Although appearing to be one single entity, Star Block consists of multiple buildings, all under one ownership structure. To further meet the housing needs of the community, this 140-year old historic, landmarked structure at 1821-1823 2nd Ave. will be rehabilitated by GROWTH.
About the Project:
The nearly $1.8 million project includes the creation of eight residential rental units and rehabilitation of approximately 1,200 square feet of commercial space, facing the Great River Plaza in downtown Rock Island. This effort will preserve and transform the Star Block into one and two bedroom live-work rental units ranging in size from 564 to 1,100 square feet. Accessible, affordable units targeting veterans will be created at the rear of first floor:
GROWTH is serving as the developer, general contractor and property manager. Gere-Dismer is serving as architect. The targeted completion date for the Star Block project is August 2015.
Commitment to Downtown
The Star Block project complements downtown Rock Island’s history while addressing the need for growing downtown’s residential base. The project will combine historical integrity with contemporary convenience.
In celebration of its 10th Anniversary, Modern Woodmen Bank was the first contributor to the Star Block project. The Bank donated $10,000 to GROWTH for predevelopment costs associated with the Star Block redevelopment effort in January 2013.
“We are the only bank headquartered in downtown Rock Island and have a strong local economic impact,” said Steve Ollenburg, president and CEO of Modern Woodmen Bank. “To celebrate 10 years, we wanted to further our commitment to the downtown community.”
“The fact that this project will help veterans is particularly important to us,” said W. Kenny Massey, Modern Woodmen Bank chairman of the Board of Directors and Modern Woodmen president and CEO. “These heroes deserve housing that is accessible and affordable.”
GROWTH is maintaining a list of those interested in living in Star Block. To get on the list to receive information about leasing, please call (309) 788-6311 or click here. Star Block is an equal housing opportunity.
The remaining buildings that are part of the Star Block, 1825 and 1829 2nd Ave., are owned by Renaissance Rock Island. Redevelopment plans for these buildings are being considered in partnership with the City of Rock Island. The buildings remain in use and continue to serve the downtown: