Press Releases
Mount Carroll City Council hears update on Shimer Square Redevelopment Efforts
Posted 11/22/2022
Brian Hollenback, GROWTH's President/CEO along with Charlotte Flickinger, Vice President and Andrew Fisher, Construction Director provided an update on Shimer Square activity to the Mount Carroll City Council on November 22, 2022. "With over $100 million in combined investment throughout northwest Illinois by GROWTH and its subsidiaries, it is now Mount Carroll's turn," commented Brian Hollenback. He continues "in these unprecedented times post-COVID with rising construction costs, labor shortages, rising interest rates, GROWTH continues to persevere and has been successful in attracting resources amounting to $32,550,000 that will be deployed directly into the campus to create vital housing, business, and community amenities. This will create a new tax base to further increase the quality of life and community amenities that Mount Carroll proudly offers." Click here to view the development activity update provided to Mount Carroll's City Council.
Brian Hollenback, GROWTH's President/CEO along with Charlotte Flickinger, Vice President and Andrew Fisher, Construction Director provided an update on Shimer Square activity to the Mount Carroll City Council on November 22, 2022. "With over $100 million in combined investment throughout northwest Illinois by GROWTH and its subsidiaries, it is now Mount Carroll's turn," commented Brian Hollenback. He continues "in these unprecedented times post-COVID with rising construction costs, labor shortages, rising interest rates, GROWTH continues to persevere and has been successful in attracting resources amounting to $32,550,000 that will be deployed directly into the campus to create vital housing, business, and community amenities. This will create a new tax base to further increase the quality of life and community amenities that Mount Carroll proudly offers." Click here to view the development activity update provided to Mount Carroll's City Council.
Activity Ahead at Shimer Square: $1.5 Million Rebuild Illinois grant contract awarded, construction working beginning
Posted 11/7/2022
Residents in Mount Carroll, IL can expect to see some construction activity beginning at Shimer Square as Rock Island Economic Growth Corporation d/b/a Economic Growth Corporation (GROWTH) awarded its Rebuild Illinois grant contract on Friday, November 4, 2022. The Rebuild Illinois grant was publicly bid out in two separate contracts: construction and abatement. The construction contract was awarded to Galena Repair & Maintenance and the abatement contract was awarded to the IITI Group. Click here to view full news release.
Residents in Mount Carroll, IL can expect to see some construction activity beginning at Shimer Square as Rock Island Economic Growth Corporation d/b/a Economic Growth Corporation (GROWTH) awarded its Rebuild Illinois grant contract on Friday, November 4, 2022. The Rebuild Illinois grant was publicly bid out in two separate contracts: construction and abatement. The construction contract was awarded to Galena Repair & Maintenance and the abatement contract was awarded to the IITI Group. Click here to view full news release.
Another win for Shimer Square: GROWTH awarded $800,000 to create Daycare Facility on Campus
Posted 10/7/2022
Rock Island Economic Growth Corporation (GROWTH) was awarded $800,000 from the U.S. Department of Health and Human Services for its Shimer Square Job and Daycare Creation Project. Staff applied through the department’s Community and Economic Development Program (CED) and is the only CED grantee awarded in Illinois for FY 2022. Click here to view full press release.
Rock Island Economic Growth Corporation (GROWTH) was awarded $800,000 from the U.S. Department of Health and Human Services for its Shimer Square Job and Daycare Creation Project. Staff applied through the department’s Community and Economic Development Program (CED) and is the only CED grantee awarded in Illinois for FY 2022. Click here to view full press release.
GROWTH seeks RFPs for Shimer Square's first phase of rehabilitation
Posted 10/5/2022
Rock Island Economic Growth Corporation d/b/a Economic Growth Corporation (GROWTH) is requesting proposals for the following renovations for “Shimer Square Phase 1A” at its Shimer Square redevelopment site, 203 E. Seminary Street, within the corporate limits of Mount Carroll in Carroll County, Illinois. Click here to view full press release.
Rock Island Economic Growth Corporation d/b/a Economic Growth Corporation (GROWTH) is requesting proposals for the following renovations for “Shimer Square Phase 1A” at its Shimer Square redevelopment site, 203 E. Seminary Street, within the corporate limits of Mount Carroll in Carroll County, Illinois. Click here to view full press release.
Shimer Campus Closed to Public Starting Sunday, August 21 at 7 p.m.
Posted 8/15/2022
To keep our staff, contractors, and general public safe, Economic Growth Corporation will be closing the entire 14-acre Shimer Square campus at 203 Seminary Street effective 7:00 p.m. on Sunday, August 21, 2022 until further notice. Click here to view full press release.
To keep our staff, contractors, and general public safe, Economic Growth Corporation will be closing the entire 14-acre Shimer Square campus at 203 Seminary Street effective 7:00 p.m. on Sunday, August 21, 2022 until further notice. Click here to view full press release.
Community Invited to celebrate Shimer Square's Redevelopment Kick Off
Posted 5/11/2022
Economic Growth Corporation (GROWTH) invites the entire community, including residents, local and state elected officials, business, civic and neighborhood leaders, as well as people across the region to join and celebrate the kick off of Shimer Square’s first redevelopment phase at Mayfest on Saturday, May 28th at 2:00 p.m. Click here to view full press release.
Economic Growth Corporation (GROWTH) invites the entire community, including residents, local and state elected officials, business, civic and neighborhood leaders, as well as people across the region to join and celebrate the kick off of Shimer Square’s first redevelopment phase at Mayfest on Saturday, May 28th at 2:00 p.m. Click here to view full press release.
Shimer Square awarded $1.5 million Rebuild Illinois Grant
Posted 9/21/2021
Rock Island Economic Growth Corporation d/b/a Economic Growth Corporation (GROWTH) was awarded $1.5 million of Rebuild Illinois funds that completes the capital stack Phase 1 of GROWTH’s multiphase redevelopment of Shimer Square. GROWTH’s application for Shimer Square represents one of 11 total awardees awarded RIRED funds throughout the state of Illinois. Click here to view full press release.
Rock Island Economic Growth Corporation d/b/a Economic Growth Corporation (GROWTH) was awarded $1.5 million of Rebuild Illinois funds that completes the capital stack Phase 1 of GROWTH’s multiphase redevelopment of Shimer Square. GROWTH’s application for Shimer Square represents one of 11 total awardees awarded RIRED funds throughout the state of Illinois. Click here to view full press release.
GROWTH Awarded for Shimer Square
Posted 5/21/2021
The rehabilitation and redevelopment of the McKee/Hostetter and Dezendorf Halls within Shimer Square is moving forward thanks to the final financing commitment by the Illinois Housing Development Authority (IHDA). IHDA’s Board of Directors unanimously approved the redevelopment effort on Friday, May 21, 2021. Click here to view full press release.
The rehabilitation and redevelopment of the McKee/Hostetter and Dezendorf Halls within Shimer Square is moving forward thanks to the final financing commitment by the Illinois Housing Development Authority (IHDA). IHDA’s Board of Directors unanimously approved the redevelopment effort on Friday, May 21, 2021. Click here to view full press release.
Official: Campus renaming results in a tie between Shimer Square and Shimer Woods
Posted 5/21/2019
The votes are in for the campus renaming with 230 ballots received. The result? A tie between Shimer Square and Shimer Woods. Both names received 94 total votes. The votes were counted three times by GROWTH staff, and the final tally resulting in a tie. Click here to view full press release.
The votes are in for the campus renaming with 230 ballots received. The result? A tie between Shimer Square and Shimer Woods. Both names received 94 total votes. The votes were counted three times by GROWTH staff, and the final tally resulting in a tie. Click here to view full press release.
