Mt. Vernon Register-News

Local

January 17, 2014

City sees $1 billion in investments

MT. VERNON — During her State of the City address on Thursday, Mayor Mary Jane Chesley said there has been about $1 billion in investments made in the city over the last five years.

“Many people, businesses, organizations and institutions see our community as a quality community, and, along with the City Council, have invested time, planning and finances in improving its qualities and making Mt. Vernon a community where people will want to live, work, shop and participate in recreational activities and community events,” Chesley said. “The theme of the State of the City report this year is investing in Mt. Vernon.”

Chesley reported on investments made in the way of new expansion of business and industries, retail development, infrastructure, education, health and fitness, city operations and partnerships.

Business and industry investments included the opening of the Good Samaritan Regional Health Center; the Drury Inn project that is underway at Illinois Route 15 and Interstate 57; Continental Tire; Magnum Steel and Innotech.

“As of last week ... the Drury should be opening around the first of July,” Chesley reported. “It’s going to be a very attractive entrance to the city.”

Continental Tire has announced $129 million in investments at the Mt. Vernon plant, and this year saw the beam signing for its expansion to the commercial tire building, and drove the final spikes for the railway spur.

“This is not just money they have invested in, but jobs,” Chesley said of CTA. “We have worked hard to keep them here and work with them.”

Magnum Steel opened its new $15 million facility over the last year, and Innotech Manufacturing has grown from 10

employees to about 100 employees from 2009 through 2013, Chesley reported.

Retail investments highlighted by Chesley included the Times Square Mall renovations and opening of Hobby Lobby and the new Big Lots; Dollar General building a new store on Salem Road and its completed building on South 10th Street; Maurice’s remodeling; Glik’s relocation in Times Square Mall; openings of Craft Corner, One Hope, Heartland Women’s Healthcare; Tyler’s; and Rare Chop House.

Text Only
Local

Local Photo