The Commercial-News, Danville, IL

Local News

January 5, 2014

Re-election decision to be made mid-year

Fairchild overpass, economic development top 2014 focuses

(Continued)

The proposed expansion included put-ting a land-based casino in Chicago and new riverboats in Danville, Rockford, near Waukegan and in southern Cook County.

Quinn previously has cited concerns about a lack of oversight and an inadequate share of new revenues for public education.

For Danville, officials say a casino would mean: 300 construction jobs; 600-800 permanent jobs; and about $6 million in annual revenue just from the casino facility itself. More revenue is expected from the sales tax, liquor tax, hotel/motel and food and beverage taxes.

Cost sharing of the casino revenue discussed: 50 percent to the city and 50 percent to Danville District 118, Danville Area Community College, Danville Area Convention and Visitors’ Bureau and municipalities throughout Vermilion County.

Development

With rumors continuing to swirl about Popeye’s Chicken, Olive Garden and other restaurants, city officials hope for another year of grand openings.

“I’m hoping in 2014 to see an increase in sit-down restaurants,” Eisenhauer said.

Anyone driving around on a Friday night in Danville, might wonder if anyone is eating at home. Restaurants are packed with people.

Eisenhauer said more developers have shown an interest in the city since Meijer, Kohl’s and other stores have opened. He wouldn’t say the names of any further developments looking at the city.

Property owners, such as along North Vermilion Street near the former Pizza Hut, are clearing off trees and their land for possible future development.

“The excitement is not just the openings we’ve experienced in 2013, but the opportunities it’s opened up…,” Eisenhauer said about retail, restaurants and small-to-medium-sized businesses.

There remains one outlot for a development near Meijer. There are other opportunities throughout the community, such as along Gilbert and East Main streets.

Also in the next year, the final phase of the East Main Street reconstruction project will wrap up. It should be completed by June 2014.

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