A majority of local business executives recently surveyed by the Quad Cities Chamber of Commerce think the Quad Cities economy will improve in 2014.
Dr. J.B. Penn, Deere & C.'s chief economist ratified their opinion during a presentation to community leaders at our annual Economic Forecast. Penn called the national outlook "brighter this year than it was in 2013."
The Quad Cities has major projects underway in every corner of our region, equaling millions of dollars of investment. Just look around our community and you can see retail growth on Elmore Avenue, a new hotel and other improvements at the Quad City International Airport, a Quad Cities campus of Western Illinois University nearing completion, and major projects like the new casino and City Square taking shape.
These developments are building tax base for our local governments, providing jobs for our families, and adding to the diversity of our regional economy.
The Quad Cities Chamber advocates and applauds balanced growth throughout our region.
We have reason to celebrate the significant progress made on changes to SouthPark Mall, a major tax generator and anchor attraction for our community. We extend our thanks to owner Macerich and the City of Moline on recently executing a development agreement that will result in significant redevelopment and major improvements to the mall property. SouthPark Mall is celebrating 40 years as a staple in our community, and we cannot think of a more appropriate way to mark this milestone than their plan to meet the future retail needs of our citizens. As this important transformation is now becoming reality, we encourage community leaders to continue the momentum in other geographies that hold great promise for attracting private investment and increasing dollars for local services.
One such location is the intersection of Interstate 280 and Highway 92.
From the chamber's vantage point, this area offers one of only a few interstate interchanges in the Illinois Quad Cities capable of generating more private investment and thus, more tax base for our community. Investment at this intersection began seven years ago with the casino development, and we should maximize the power of that interchange to the benefit of the community and all taxpayers.
We look forward to the announcement of a sound development plan for the "Jumer's Crossing" site. Its proximity to the highway is an opportunity we cannot afford to miss. Let's grow the tax base for the entire Quad Cities region. Tara E. Barney is president and CEO of the Quad Cities Chamber of Commerce.
Today is Wednesday, Oct. 1, the 274th day of 2014. There are 91 days left in the year.
1864 -- 150 years ago: It is rumored in the streets that the 13 negroes sent to Quincy on the Moline quota were refused. We think this must be a mistake. 1889 -- 125 years ago: Harvey McKenna, of Detroit, billiard player matched to play Wizard Schafer in New York in January for the world championship, was a professional friend and manager, Billy Catton in Rock Island. 1914 -- 100 years ago: Levi Cralle, former Rock Island county sheriff, had come from his farm near Mitchell, S.D. to visit friends in the city. 1939 -- 75 years ago: Work is being rushed on the new high school building in Orion to replace the one destroyed by fire last winter. Classes are being held in churches. 1964 -- 50 years ago: Rehearsals for the 84th season of the Handel Oratorio Society chorus will begin at 7:30 p.m. Monday on the stage of Centennial Hall, Augustana College. 1989 -- 25 years ago: The Rock Island City Council's plan announced this week to have the federal government vacate Valley Homes public housing and move residents to Arsenal Courts to reduce density may not be feasible.