Alton Mayor Tom Hoechst, Godfrey Mayor Mike McCormick, and Grafton Mayor Tom Thompson addressed economic development in each of their communities at a RiverBend Growth Association event this week, reports The Telegraph.
Among the many exciting initiatives, Mayor Hoechst spoke about the immense economic benefits that the $14 million Alton Multimodal Station, funded by a Department of Transportation TIGER grant, will bring to the region.
Hoechst said the Transportation Investment Generating Economic Recovery, or TIGER, grant would help boost the economy, and not just in Alton. Some 65 million people travel by rail and the improvements to the system would allow more people to come to town.
“We are going from an 800-square-foot station to an 8,000-square-foot station,” he said…The project is expected to have a $72 million impact to the city.
Read more about the project here.
For more information on the Partnership for Sustainable Communities visit www.smartgrowthamerica.org/partnership.