Home

Alliance Investors

Available Properties

March 2009
Gerber Road Project to finish!
On Tuesday, March 3, 2009, Edwardsville City Council approved the engineering portion of Gerber Road Phase 4. This will complete the construction of the curving road that connects East Lake Drive to Franklin Avenue. The engineering portion of this project is set at $181, 935, which is a budgeted part of the $1.5 million project. The cost is divided between $600,000 in federal funds, $325,000 in county funds, and $575,000 from the city. Gerber road is one of several projects to be completed in Edwardsville by the summer. Source News-Democrat newspaper. March 4, 2009

February 2009
SIUE Vadalabene Center Renovations Completed
Renovations to the SIUE Vadalabene Center have been completed. The renovation of the Vadalabene Center has allowed the construction of classrooms, offices, and storage space. This $6 million renovation also allowed for the replacement of flooring and seating. The developers for this project are Bozoian, EDM, and Woolpert. This project was finished on December 2008. Source Belleville News-Democrat February 7, 2009

January 2009
Funds for Glen Crossing Road
Funding for Phase two of the Glen Crossing Road has been approved! Phase Two of this project will rebuild the Glen Crossing Road from east of the Waterford Street to the Cassens Elementary School. Phases one and three were completed last summer. The total budget for this project is set at $2,317, 293. However, the budget will be split between the Illinois Department of Transportation, Madison County, and the village. The state’s share is $1,512, 993, the county’s share is $268,100, and the village will pay $536, 200. Source Belleville New-Democrat January 28, 2009

SIUE Opens New Science Lab
Due to the increasing numbers of enrollment in science classes, SIUE has decided to open two new biological labs. SIUE is also moving its Geographic Information Systems labs to this new, but temporary facility in University Park. The labs budget was set at $1.8 million, and it was done for $1.3 million. The developers for this project were Oates, Hastings, and BRiC. This project was completed on December 2008. Source Belleville News-Democrat January 10, 2009

June 2008
World Wide Technology to locate in
Lakeview Commerce Center
World Wide Technology recently contracted for a 700,000-square-foot facility in Edwardsville's Lakeview Commerce Center. The build-to-suit facility will bring Lakeview's building count to four, totalling 2.3 million square feet according to Lakeview's developer, Panattoni Development Company. Lakeview Commerce Center is a 700-acre industrial park located in an Enterprise Zone with several incentives available from the state of Illinois.

May 2008
Procter and Gamble to expand in Gateway Commerce Center
On Wednesday, April 30, Procter and Gamble (P & G) signed a six-year, 1.2 million-square-foot lease with Trammell Crow Company in Gateway Commerce Center, reinforcing Gateway Commerce Center and the Edwardsville-Glen Carbon area as one of the premier logistics locations in the nation.

P & G will be moving product into two existing 500,000-square-foot buildings, Westway I and Westway III, in May of 2008. Contegra Construction Company has been contracted to expand Westway III to 1,157,000 square feet, allowing P & G to consolidate its warehousing and customization operations into one buiding.

"This announcement reinforces that Edwardsville is a prime location for logistics in the United States," said Edwardsville Mayor Gary Niebur. "We welcome the opportunity to put our citizens to work and increase their quality of life."

March 2008
Edwardsville City Council approves fourth TIF plan for North Main Street area
The Edwardsville City Council recently voted to approve the fourth tax increment financing (TIF) plan for the oldest area of Edwardsville, running north on Main Street from the intersection of St. Louis Street and East College to the intersection of Illinois Route 159 and Old Alton Edwardsville Road. The new TIF district is expected to lead to almost $10 in improvements to the downtown area in the form of infrastructure improvements and the improvement of the North Main streetscape. The City of Edwardsville currently has three TIF districts: TIF I and TIF II in the downtown area, and TIF III at Gateway Commerce Center.

February 2008
SIUE to Invest $63 Million in School Projects
Southern Illinois University Edwardsville has announced it is investing more than $63 million in 13 projects over the next year and a half. In August, the second phase of a $10.8 million housing project should be complete. The $10.5 million expansion of the Student Fitness Center and the $16.6 million Student Success Center are planned to begin in March 2008 and should be completed by May 2009. Also targeted for completion in the coming months is the $10 million Wrestling and Volleyball Center; the $1.6 million renovation of the University Center Bookstore; a $6 million renovation to the Vadalabene Center gymnasium and a $2 million renovation and expansion of the Early Childhood Center.

November 2007
Turner Electric to Build Plant in Edwardsville
Turner Electric LLC is in the process of building a new 65,000-square-foot manufacturing plant and headquarters in Edwardsville at Gateway Commerce Center. Contegra Construction Company will handle the $4 million project for the designer and manufacturer of air-break switches and substantiation switching apparatuses. The new building is expected to be completed early in 2008.

Meridian Centre Two Now Complete in Glen Carbon
The $2.1 million Meridian Centre Two office building has been completed on Illinois Route 157 in Glen Carbon. The three-story building, which is a mirror image of Meridian Centre One, adds 25,000 square feet of professional office space to the community.