PROJECT OVERVIEW - $12 Million Investment

Moline Enterprise Live-Work Lofts also opened fully rented in 2012.  This 69-unit, Section 42 project, is a $12 million investment by Gorman, Inc. from Madison, Wisconsin, in partnership with Illinois Housing Development Authority and Renew Moline.  This project is a true mixed income property with many amenities for residents including a fitness center, community room, theater, business center and technology lounge.  The Live-Work concept means that building tenants have the ability to not only walk to nearby work opportunities in Moline’s downtown but may also create work environments in their homes by utilizing first floor apartments’ egress to the street.  A convenience store in the first floor retail space provides groceries and sundries to the downtown marketplace
 

PHYSICAL DESCRIPTION

Conceived as an incubator for home based businesses the Moline Enterprise Live-Work Lofts is designed as a high tech urban live-work community featuring 69 residences supported with a range of full range of amenities including a conference room, a theater designed to accommodate multimedia presentations, a fully equipped business center, a cyber café and a penthouse community room complete with an outdoor deck.

 

The building is 4 stories in height and has a mix of 29 one bedroom, 26 two bedroom and 14 three bedroom apartments ranging in size from 680 to 1,350 square feet. The 13 ground level units will each have an individual entrance opening from the street into an office/showroom space separated from its private living space.  Handicapped units will also be available.  There will be 7 one bedroom, 7 two bedroom, and 1 three bedroom handicapped units.

 

An additional 3,000 square feet of ground floor retail space will be made available on the highly visible southeast corner of the building.

NEWS ARTICLES

          RenewMolineEnterpriseLoftsTenants moving in at Moline's Live-Work Lofts

          RenewMolineEnterpriseLoftsNew lofts going up in downtown Moline

          RenewMolineEnterpriseLoftsGround broken for downtown Moline loft project

          RenewMolineEnterpriseLoftsCouncil helps advance two Moline projects

 

PLANS & DRAWINGS

Concept Rendering

Concept Rendering

 

Early Concept Rendering

 

North and South Views

 

Floor Plan

 

Developer's Website

Gorman & Company

 

Project Successes

Renew Moline's successful collaboration with local, state and federal government agencies has resulted in a nearly $400 million investment in renovation and newly built properties in Moline's downtown, riverfront area.  And more is planned!

These investments have created jobs and returned energy to the old downtown. Over 2,000 people now work full time in downtown and nearly 600 fill part-time roles. Approximately half of these jobs have been created by the redevelopment that has taken place so far.  And more than 2,000 construction jobs have resulted from the projects now in place.

Comparison: Old Moline and New Moline