Projects such as renovation of the former Wonder Bread bakery were major elements in Davenport Mayor Bill Gluba's State of the City address on Monday.
Loft apartments and a retail center are planned at the former bakery at 1034 E. River Drive.Local developer Dan Dolan bought the building for $375,000, according to John Ruhl, executive vice president and sales manager of NAI Ruhl and Ruhl Commercial Co.
The three-story, 100,041-square-foot building will take at least a year to remodel, according to Mr. Ruhl. Mr. Dolan could not be reached for comment on Monday.
"In that interim, we will have some temporary space available for warehousing or office space in the building for start-up companies," Mr. Ruhl said. "I'm excited to see the project move ahead."
Ald. Gene Meeker, At-Large, said Mr. Dolan will move his offices to the building's ground floor.
"He's got about three other businesses that are going to locate there," Ald. Meeker said. "He said there will be about 50 to 60 apartments, one-, two-, three-bedroom. It's going to be a sizable number, and he's got the parking around there."
Ald. Meeker said the city will have 1,800 to 2,000 people living downtown in the coming years. During his speech Monday, Mayor Gluba said 1,200 people currently live in Davenport's downtown.
"That's going to be a market in itself, which will draw in other businesses and service," Ald. Meeker said. "We need a drug store downtown. We need a grocery store downtown. These things will come when you build the population base.
Today is Thursday, April 24, the 114th day of 2014. There are 251 days left in the year.
1864 -- 150 years ago: We learn that it is a contemplation to start a paper mill in Rock Island during the summer by a gentleman from the East. 1889 -- 125 years ago: The gates of Oklahoma were swung open at noon today, and a throng of more than 30,000 settlers started over its soil. 1914 -- 100 years ago: The Iowa Coliseum Co. was incorporated with $40,000 capital and planned a building on 4th Street between Warren and Green streets in Davenport. 1939 -- 75 years ago: Plans are being discussed for resurfacing the streets in the entire downtown district of Rock Island. 1964 -- 50 years ago: Some 45 jobs will be created at J.I. Case Co.'s Rock Island plant in a expansion of operations announced yesterday afternoon at the firm's headquarters in Racine, Wis. 1989 -- 25 years ago: Gardeners and farmers cheered, but not all Quad-Citians found joy Saturday as more than an inch of rain fell on the area. Motorists faced dangerous, rain-slick roads as the water activated grease and grime that had built up during dry weather.