The Clinton Herald, Clinton, Iowa

Iowa

March 12, 2014

Davenport seeks state funds for redevelopment

DAVENPORT — Davenport is seeking $17.5 million from the state for a $71.5 million project in a redevelopment area that would include a hotel, waterpark and performance venue adjacent to a planned casino.

The Quad-City Times reports the City Council is scheduled to vote on the application at a Wednesday night meeting. Officials are expected to submit it to the state by a Friday deadline.

Redevelopment in the area along Interstate 80 and 74 will also include mixed commercial and residential development. The total price tag is $250 million.

Iowa's reinvestment district program has $100 million available for cities and counties in the state that meet certain requirements in their development projects.

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