Tag: business friendly

Madison Mutual Insurance nears move to new five-story building on Park Street in Edwardsville

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EDWARDSVILLE – The new five-story Park Street Plaza building is already becoming a beautiful addition to Downtown Edwardsville while in its construction phases.

The structure will be the new home for Madison Mutual Insurance, the major occupant of the building with naming rights.

A Madison Mutual Insurance spokesperson provided some new news about the building late last week and said, “We will probably be moving to the new building the first week of February. That is the tentative date. We are all very excited about the move.”

The Madison Mutual Insurance move is dependent on the completion of construction work inside and outside the building. Park Street Plaza at 222 E. Park St. in Edwardsville is another property for Plocher Construction.

Edwardsville Economic Director Walt Williams has said another anchor occupant for the five-story building in downtown will be Flint Law Firm, now in Glen Carbon. The Flint Law Firm is a national operation that specializes in asbestos and mesothelioma cases.

The Madison Mutual spokesperson said the current offices for the company at 1 Mutual Court will be demolished shortly after the move is completed. The demolition of the old Madison Mutual Building will make room for a new Town Center shopping district that will go up after the demolition.

Madison Mutual Insurance’s offices will occupy the second and third floors of the new Park Street Plaza structure.

“The new building should be gorgeous,” Williams said. “It is a big project and it should be amazing.”

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Aldermen approve enterprise zone expansion Hurdle cleared for relocation of Prairie Farms headquarters

Posted: Monday, April 25, 2016 12:14 pm
By MATTHEW KAMP mkamp.edwi@gmail.com | 0 comments

The relocation of the Prairie Farms headquarters from Carlinville to Edwardsville took an important step Tuesday.
At the recent City Council meeting, Edwardsville aldermen approved the expansion of the enterprise zone to accommodate the move of Prairie Farms.

“Prairie Farms has expressed interest in moving to Edwardsville, and one of the prerequisites is having the enterprise zone available,” City Economic Development Director Walt Williams said.

The new $9 million, three-story headquarters would be located in the Edwardsville Corporate Center, located to the east of Interstate 55. Scott Credit Union and Hortica Insurance are currently located there.

Currently, the enterprise zone is 12-square acres with businesses taking up 5.5 to six acres. An additional six acres is being sought for the move.

“It’s a really small amount,” Williams said.
Once the move is complete, there will be the creation of 90 to 100 professional jobs, according to Williams.

Prairie Farms represents over 700 farm families and is one of the largest farmer-owned dairy cooperatives in the Midwest. Annual sales near $3 billion for the company that employs 5,700 and has 36 manufacturing plants.

Prairie Farms was founded in 1938.
Pontoon Beach and Madison County have already approved the resolutions for the expansion.

The project is estimated to take 18 months.

In other business, the aldermen approved a $6,000 tourism fund request for the upcoming Edwardsville Art Fair.
The Art Fair will take place Sept. 23-25 in City Park. If the weather is bad, it will be housed inside the Edwardsville High School gymnasium.

Last year, there were 68 artists, including several high schools, for the event. Iowa, Wisconsin, Kentucky, Michigan, Missouri and Illinois were all represented. There were 32 hotel room nights generated, according to the application.
Those numbers are expected to rise this year.

“They are expecting over 100 artists and more overnight stays,” Alderman Art Risavy said. “Based on those numbers and the expectations, we thought the additional amount was in line.”
The Edwardsville Art Fair was approved for a $5,000 tourism fund request last year.