Galesburg One Step Closer To New Business Development - FOX 18 Quad Cities News and Weather

Galesburg One Step Closer To New Business Development

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Galesburg plans to develop the city's north side. Galesburg plans to develop the city's north side.

An area city is one step closer to seeing some new businesses that it estimates will bring hundreds of thousands of dollars into the city. 

On Monday, the Galesburg City Council agreed to sign a letter with a developer saying they want to move forward with a plan to develop an area on the city's north side.

Basically, it's just a formality the city has to go through to develop the area. Now it just has to have some public hearings and do a study, and then construction can begin.     
     
The city says the development will be called Gale Village and will include a Hampton Inn hotel, an Aldi and another retailer.
     
The city says the new businesses will bring in $200,000 in revenue, but not everyone, including  residents who live in the area, is happy about it.

"They are irate because first off, it felt like the decision was not in our favor," Richard McGee said. "But then we felt like we didn't have a say in it anymore." 

The developer told us he expects the Aldi and the other retailer to be open for business this fall but he says the hotel won't open for another year.

"We're making sure we back the district off from any residentially zoned properties to the part that's north of this development," Mayor John Pritchard said.

People who shop at those businesses or stay at that hotel will also pay a 1% sales tax in addition to the regular city taxes. 
    
That money will go toward building streets and sewers in the developed area. 

 

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