Another plan to build a hotel and convenience store on Wood River's east side appears to have fizzled. There have been several plans to build on property near the Illinois 255 and 143 interchange, but none have gotten past the planning stage. This most recent plan involves a developer buying 4 acres of land the city had purchased from the state, but their window of opportunity to act expires in a week.
Wood River Mayor Fred Ufert tells The Big Z if a hotel plan hasn’t been locked up by the end of the year, the city regains rights to the property.
Click here for Ufert’s comments
He says the city hasn’t lost anything with this latest attempt, other than the time spent on it. The city bought that land from the state several years ago for $285,000. The city has hoped to lure a hotel development to town for years, dating back at least to a 2008 plan by embattled travel company YTB.