News In Wood River

Residential

Rock Hill Trails subdivision has completed the first phase of infrastructure improvements. The development focuses on sustainability and environmental conservation. Two display homes have been completed and are open for viewing. For more information visit www.rockhilltrails.com

Lots are for sale in the new Grand View Hills subdivision located at the intersection of Moreland Road and Rt. 143. 82 lots are available including 51 walk outs. Contact Brian Jessup at (636)530-6050 for more information.

Plans are moving forward with developers who recently acquired approximately 65 acres along Ninth Street. Plans include residential and commercial components.

Commercial

NOW OPEN….. Club Fitness and Apex Physical Therapy are now open in the new complex located adjacent to McDonald’s at the intersection of Rt. 111/143.

Nearly all the space is filled within the new Wood River Plaza development which houses the 204,000 square foot Wal-Mart Supercenter. Businesses include: Applebees, Quizno’s, Steak-n-Shake, Shoe Department, Radio Shack, Dollar Tree, Today Nail Spa, St. Louis Grille and Buffet, Papa John’s Pizza, Hallmark, Sally Beauty Supply, US Cellular, American Eye and Contact Lenses, GameStop, GNC, Wendy’s and OfficeMax.

Olin Credit Union has purchased property at the corner of Rt. 143 and Lakin Blvd. The credit union plans to construct a new facility and outlots will also be available.

Aventurs Development has purchased 10 acres of land at the corner of Rt. 143 and Old Alton Edwardsville Road. The new development called Wood River Landing should feature a Holiday Inn Express as well as a convenience store/gas station/24 hour restaurant. The city is working to amend the Riverbend Enterprise Zone to include this property.

City Infrastructure

The city tax rate was raised as of 1/1/09 to 6.85%. This rate reflects an increase of .25% due to the addition of a Madison County Flood Prevention Tax. The money collected will be used to help with the maintenance of the Madison County levees.

The city has submitted $8.9 million in Economic Stimulus infrastructure projects for review by the new Presidential Administration. New projects would include storm sewer separation, roadwork, curb and guttering, among other things.

Approximately $250,000 of stimulus funds have been allocated for the 6th Street overlay project. It appears the City will also be receiving approximately $9 million in funding for stormwater improvements which will aid in alleviating flooding issues in the area of 9th Street to 14th Street. The City is starting the $500,000 curb, guttering and asphalt overlay projects for the west side of town in the Little Italy area and also the Berry Road area.