| Subscribe Now |
![]() |
|
| Weather |
Bloomington-Normal, Illinois
|
| Home |
| NewsThursday, March 22, 2007 5:45 PM CDT |
Company looking at site in Pontiac
PONTIAC -- A company is looking into putting a commercial development in Pontiac -- if the City Council is willing to change its long-term plans. Mayor Scott McCoy said he has been working for the last few weeks with a company that is interested in building a commercial business in the area currently defined as the city’s industrial park. McCoy said he could not say what the business would be, but that it was “a destination anchor store, big box store or other possibility.” McCoy said the company is prepared to move fast, but the City Council would have to redesign the city’s comprehensive plan and the tax increment financing district to accommodate the different type of business. “They have a huge amount of interest and their focus is commercial,” McCoy said during a work session of the entire council on Wednesday. “We would have to have a discussion on policy change to the industrial park to commercial land.” The area deemed the industrial park is just south of Reynolds Street on Deerfield Road. The area is close to the new Wal-Mart Supercenter. The city has had a difficult time marketing the park over the last few years and has not seen the development that officials had hoped for. The council has been looking into making a formal request for proposals from companies to build in the park. Alderman John McGlasson said he was not opposed to the idea, but didn’t want to rush into any decision. He said that the city should see what other companies would be interested in developing there. “Just because something comes along, we don’t want to be desperate,” he said. The council could consider the needed changes over the coming weeks and months. Most of the council supported looking into both options for the land, but members did not formally vote on any proposals. The revision of the plans could also involve looking into what types of developments would be good for the Illinois 23 corridor. |
|
||||||
|
![]() ![]() |
|
Top of Page | Home | News | Sports | Free Time | Life | Money | Nation/World | Opinion | Blogs/Columns | Archives | Site Map | RSS
Copyright © 2008, Pantagraph Publishing Co. and Lee Enterprises. All rights reserved. | Terms of Use | Privacy Policy
|