The process of possibly building a hotel and conference center in downtown Alton is still at a standstill, according to the Alton Director of Development and Housing. While the plan to bring a hotel to downtown has been around for a number of years, it has seen a number of ups and downs. The city pulled the plug on a recent plan in mid-July.
Now Greg Caffey tells The Big Z the developer could not come up with financing, so there is no activity currently involving that property.
Click here for Caffey's comments
The 2015-2016 tax levy was approved under a suspension of the rules at Wednesday's Alton City Council meeting. Just over $7.1-million will be levied, as compared to last year's levy of $6.9-million. The City Council will meet again next Wednesday, and plans to suspend the rules to give final approval to a trio of business plans. One would re-purpose the Ursuline Convent on Danforth Street into a nursing home and assisted living facility, another would pave the way for a building on State Street to be converted into a small restaurant, and the last would create a used car lot at the former Hodge gas station at the corner of Elm and Alby Street.