Southern Illinois Mall Revival Faces Hurdles Despite $112M Bond Deal

TL;DR Summary
A $112 million redevelopment project in Marion, Illinois, aimed at revitalizing a dying mall and boosting the local economy, faces challenges due to the financial troubles and foreclosure of one of the key developers, Jerry Barrass, which could impact the project's future plans. Despite these issues, local officials and remaining partners continue to push forward with the project, which includes entertainment venues, hotels, and attractions designed to attract tourists and create jobs.
Topics:nation#economic-development#foreclosure#local-government-and-development#marion-illinois#redevelopment#star-bonds
Reading Insights
Total Reads
0
Unique Readers
2
Time Saved
19 min
vs 19 min read
Condensed
98%
3,790 → 72 words
Want the full story? Read the original article
Read on Capitol News Illinois