East Moline, Illinois, will soon have an all new, highly developed waterfront mixed use area that will include park space, retail and commercial areas and luxury apartments along its Mississippi River front. The $150 million development will be a host to 300 apartment units, senior citizen housing, condominiums, storage facilities, a sports recreational center, medical facilities along with a variety of amenities that includes neighborhood retail shops, food courts, banks, pharmacies and restaurants, hotels and a central park with a band shell. At over 3.5 million square feet, Fountainhead Quad Cities - developed by Beitler Real Estate Services with James DeStefano of LVD Architecture as the master planner – will bring new residents to the area while attracting the thousands of motorists that pass through the region today.
More after the break.
The area of East Moline that will be developed into the Fountainhead is a part of the Quad Cities, a former manufacturing hub that serves approximately 400,000 people with a workforce of nearly 200,000. As the area transforms, Fountainhead will become part of the rejuvenation, transforming the industry and direction of the various cities’ developments. Fountainhead will serve an area that is steadily becoming more affluent and is fruitful for this kind of development.
Construction will begin with the Hyatt Hotel, to be designed by Helmut Jahn, which will be a prominent feature along the waterfront, along with apartment buildings by Margaret McCurry of Tigerman-McCurry. Beitletr states that the impulse is to first bring residents into the area to drive the need for the eventual development of retail, to be designed by Stanely Tigerman, recreational facilities and additional ameinities. All outdoor spaces will be designed by landscape architect, Peter Osler.
Fountainhead aims to be an exciting new development, taking advantage of the natural landscape that will attract residents and visitors from all around the Quad Cities. The master planning was unveiled in January and has a seven-phase plan that will be developed over the next ten-years.