Bend XPO

New Markets Tax Credit Coalition

East Moline,
IL
(2020)

Bend XPO

Community, Mixed-use, Nonprofit Hub, Retail, Theaters and Performing Arts Spaces

Construction of a 100,000 sq. ft. events and community center which provides space for local nonprofits, tractor and machinery auctions, and adaptable space to host regional sporting and local corporate events.

Investment

NMTC Amount: $11,925,000
Total Project Cost: $11,925,000

IMPACT

70 FTE jobs
80 construction jobs
100,000 sq. ft. of real estate

CDEs

Central States Development Partners, Consortium America, Enhanced Capital

Investor

Capital One

Project Description

Construction of a 100,000 sq. ft. events and community center which will provide space for local nonprofits, tractor and machinery auctions, and adaptable space to host regional sporting and local corporate events. It will be the largest contiguous capacity meeting facility in the region.

• Project is a part of a larger mixed-use development on the banks of the Mississippi River which will include retail, an apartment complex, and an amphitheater in addition to the Community Center. Project is located in a severely distressed census tract and is also creating jobs in an area where the unemployment rate is greater than 1.5 times the National Rate.

• Mayor Reggie Freeman of East Moline, along with local organizations REDEEM (Revitalize and Develop East Moline) and YouthHope have all voiced their support for the project.

MAP

Address: 920 Mississippi Parkway, East Moline, IL 61244

Census Tract: 17161020600

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