The primary economic development organization for Coles County Illinois

 

Coles Together

Angela Griffin, President & CEO

400 Airport Road

Mattoon, Illinois 61938

Ph: (217)258-5627 or (217)348-5627 - Fax:( 217)235-9492

Email: angela@colestogether.com

 

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October 14, 1999 -   

The director of the state's economic development agency came to Coles County Wednesday to recognize local efforts and promote state initiatives. Pam McDonough, director of the Department of Commerce and Community Affairs (DCCA), spoke to about 140 people at an appreciation brunch hosted by Coles Together, the county's economic development organization. McDonough said things such as the continued growth of the county's Enterprise Zone and the new Interstate 57 interchange are among the local economic development highlights. In the final analysis, though, people are still the key. "Workforce is the most important thing," McDonough said. "One of the best things going for us is the literacy level of the workforce."

McDonough also touted a state initiative known as the EDGE (Economic Development for a Growing Economy) tax credit. The program provides tax credits for businesses that create new jobs and make capital investments. The businesses claim a state income tax credit equal to a portion of the additional income tax generated from the new jobs.

McDonough also announced that Coles County is the latest entity to formally be part of the Competitive Communities Initiative (CCI) program, administered by DCCA.

 

The cities of Charleston and Mattoon already are part of the program, in which the state provides resources for development of local long-term plans.

Afterward, several local and state officials took a bus tour of Coles County. Some also toured the new Rural King complex off Illinois Route 121, which includes a corporate headquarters, modern distribution warehouse and a new retail store.

Charleston City Manager Bill Riebe narrated the tour of Charleston. Riebe said the city would like Eastern Illinois University to develop its proposed 10,000-seat convocation center near the southeast corner of Lincoln Avenue and University Drive. The center would host concerts and athletic events.

EIU's Campus Master plan proposes that the area west of Fourth Street, south of Lincoln, be used for the convocation center. The city would like to see a "campustown" area of high-density residential and commercial buildings developed in this area, he said.

Riebe said the city also hopes to create a commercial corridor on the south side of Illinois Route 16, east of Illinois Route 130, by establishing a new tax increment financing district in this area. "We see that as really igniting commercial and residential growth on the east side of Charleston," Riebe said.

Ted Weidner, EIU's director of facilities planning and management, narrated the campus tour. Weidner said EIU would like to purchase property along Ninth Street, east Of campus, and give it to developers for the construction of apartment buildings for single or married students. This would allow the apartment buildings to stay On local tax rolls, he said.

The tour in Charleston also included EIU, Advance Building Systems, Arkwright, Celotex, the Eastern Illinois Railroad, Haz -Stor, Hi-Cone, J.J. Collins, Lester Building Systems, Trace Incorporated, Trailmobile and Vesuvius.

Lois Vonderheide, a Mattoon city commissioner, started her narration of the Mattoon tour by discussing the potential of the area around Interstate 57. She said 15,000 vehicles pass everyday through the intersection of Route 16 and the Loxa Road.

Vonderheide said much of the development around the interstate has been concentrated in the McFall/Swords properties, noting that Mattoon now has more than 600 motel and hotel rooms. Wendy's is planning to move to a site closer to the interstate near Cody's Road House, she said.

The tour in Mattoon also included Ampad, Anamet Electrical, Blaw-Knox, General Electric, Illinois Consolidated Telephone Co., Justrite Manufacturing, Kal Kan, Lender's Bagel Bakery, Mattoon Precision Manufacturing, R.R. Donnelley & Sons, Rural King Supply and U.S. Soy

Used with permission from Mid-Illinois Newspapers
Publishers of the Mattoon Journal Gazette and the Charleston Times-Courier

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Coles Together
400 Airport Road
Mattoon, Illinois 61938
(217) 258-5627 FAX (217) 235-9492