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Beloit City Council to Consider Applying for Grant Funding for Downtown Development Project

According to an update from the City of Beloit, Beloit City Council will consider applying for grant funding for a future development project downtown involving the property at 80-100 East Grand Ave. during their March 7 meeting. The project would be in an amount between $16-20 million, and no tax payer dollars would be used. The project would include the demolition of the existing vacant structure that protrudes over the Rock River. The developer plans to build a four-story structure that could include retail, commercial, or residential uses. More information on this project will be given as it becomes available.

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