Saturday, August 1, 2009

All facets of downtown revival under scrutiny

Link to Rockford Register Star article.

Excerpt: The vision of Crystal Properties Holdings is ambitious. Concept drawings show the crumbling Amerock building revitalized with retail, residential and entertainment offerings. A skywalk would link the MetroCentre with an expo center for conventions and trade shows, occupying the entire block south of the arena.

But remaking the Amerock building, let alone downtown Rockford, has been a gamble for plenty of developers over the years, with the odds seemingly stacked against them. In this case, the same critical question comes up: Will Crystal Properties be the company to hit the jackpot?

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