Economic Growth Corporation

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Economic Growth Corporation Utilizing a team approach, GROWTH considers itself as an extension of the communities in which it serves.

GROWTH is a mission-driven 501(c)(3) nonprofit dedicated to driving economic and community development, developing market-driven housing, creating jobs, and promoting homeownership and financial literacy initiatives. Economic Growth Corporation (GROWTH) is rebuilding its community block by block, improving the quality of life, creating jobs, and providing a positive economic impact. Celebrating over 30 years and nearly $180 million in leveraged resources, GROWTH has persevered as one of the nationโ€™s best community-based development corporations. From the pre-development to post-construction, GROWTH involves local residents and stakeholders in every step of a project. Whether it be an adaptive-reuse of an underutilized building, historic preservation and renovation, or a new construction project, we want the community to stand proud of the end result. GROWTH has changed dramatically over its 35 year history. Our community-driven efforts consistently look to create jobs, support and stabilize neighborhoods, and strengthen the community fabric in ways that sustains and promotes long-term viable economic success.

GROWTH will be on site today, at the LULAC Council 5285's Hispanic Heritage Parade and Fiesta at Runner's Park. Look for...
09/13/2026

GROWTH will be on site today, at the LULAC Council 5285's Hispanic Heritage Parade and Fiesta at Runner's Park. Look for Housing Manager & HUD-Certified Housing Counselor, James Jones, who will be on site promoting homeownership programs and housing counseling services.

LULAC Council #5285's Mexican Independence Day Parade and Fiesta returns to East Moline Sept. 13, noon to 9 p.m. at Runner's Park, after a year away.

Proceeds support local college scholarships ๐ŸŽ‰

Read more at the link in the comments!

๐Ÿ“ธ: City of East Moline (via Facebook)

9/11, 25 years later, we remember and will never forget.Today, we remember those the nation lost, the first responders w...
09/11/2026

9/11, 25 years later, we remember and will never forget.

Today, we remember those the nation lost, the first responders who answered the call, and the families whose lives were changed forever.

We also remember how people came together in the days that followed, checking on neighbors, supporting one another, and finding strength in community.

That spirit is something worth carrying forward, not just today, but every day.

Since 2019, GROWTH has been leading the redevelopment of Shimer Square in Mt. Carroll, one of the organization's largest...
09/10/2026

Since 2019, GROWTH has been leading the redevelopment of Shimer Square in Mt. Carroll, one of the organization's largest and most complex projects. Visit https://www.shimersquare.com/ to learn more of our whole scope of redevelopment work.

As planning and development moved forward, access to childcare was brought up not only a community need but also a workforce challenge. A feasibility study was launched and confirmed what many families already knew: quality childcare options were extremely limited throughout the region. GROWTH then worked assembling the financing needed to make a childcare center a reality.

As its first childcare development, GROWTH approached the work with a commitment to learning from experienced partners. The team worked closely with SAL Community Services, toured childcare facilities, and incorporated best practices into the project. Through SAL, GROWTH connected with 4-C: Community Coordinated Child Care, which serves communities across northwest Illinois. 4-C provided guidance on requirements and what it takes to launch and sustain a successful center. What began as a search for an operator ultimately led 4-C to launch its own childcare services division becoming the operators for the newly named Honey Bee Child Development Center at Shimer Square as its first facility in a pilot effort to expand childcare access across its service area.

Community development is rarely quick or simple. Projects of this scale require patience, persistence, and partnerships. From planning and financing to licensing and approvals, every step takes time.

Enrollment officially launched this week, and families touring the Honey Bee Child Development Center at Shimer Square today. It is a proud moment for all.

Shimer Square now offers *more* than the incredible 51 studio, 1-bed, 2-bed, and 3-bedroom apartments. It now provides a place for young children to learn and thrive, gives parents greater access to employment opportunities, supports workforce development through the creation of 25 permanent jobs, and strengthens the long-term vitality of the community.

It is a powerful reminder that transformative projects are measured not in months, but in years, and that the best outcomes are often the result of sustained collaboration and shared commitment.

09/09/2026

Congratulations to Dave Phillips, owner of ICONS MARTINI and The Iconic Event & Reception Venue, on being named the 2026 Rock Island Citizen of the Year in the Business Category.

ICONS has been a cornerstone of Downtown Rock Island, and we are grateful for all that Dave does, both as a business leader and as the owner of one of our team's favorite places to gather after a hard day's work.

Please join us in congratulating Dave on this well-deserved honor! ๐ŸŽ‰๐Ÿ‘

Northside Lofts- Aledo, IL is officially under construction!This historic adaptive reuse development has been in the wor...
09/02/2026

Northside Lofts- Aledo, IL is officially under construction!

This historic adaptive reuse development has been in the works since 2021 and will transform the former Northside Junior High School into 27 studio, one-bedroom, and two-bedroom apartments within the Downtown Aledo Historic District.

Reaching this point is a testament to the perseverance, dedication, and determination of many who never gave up on bringing this vision to life. We are proud to preserve an important piece of Aledo's history while creating new housing opportunities near the city center.

Stay tuned for progress updates and follow along as Northside Lofts continues to take shape. Learn more: https://www.northside-lofts.com/

"๐˜‘๐˜ข๐˜ฎ๐˜ฆ๐˜ด, ๐˜ต๐˜ฉ๐˜ข๐˜ฏ๐˜ฌ ๐˜บ๐˜ฐ๐˜ถ ๐˜ง๐˜ฐ๐˜ณ ๐˜บ๐˜ฐ๐˜ถ๐˜ณ ๐˜ข๐˜ด๐˜ด๐˜ช๐˜ด๐˜ต๐˜ข๐˜ฏ๐˜ค๐˜ฆ. ๐˜ ๐˜ข๐˜ฎ ๐˜ฏ๐˜ฐ๐˜ธ ๐˜ฃ๐˜ข๐˜ค๐˜ฌ ๐˜ฐ๐˜ฏ ๐˜ต๐˜ณ๐˜ข๐˜ค๐˜ฌ ๐˜ข๐˜ฏ๐˜ฅ ๐˜ข๐˜ฑ๐˜ฑ๐˜ณ๐˜ฆ๐˜ค๐˜ช๐˜ข๐˜ต๐˜ฆ ๐˜บ๐˜ฐ๐˜ถ๐˜ณ ๐˜จ๐˜ถ๐˜ช๐˜ฅ๐˜ข๐˜ฏ๐˜ค๐˜ฆ ๐˜ข๐˜ฏ๐˜ฅ ๐˜ฑ๐˜ณ๐˜ฐ๐˜ง๐˜ฆ๐˜ด๐˜ด๐˜ช๐˜ฐ๐˜ฏ๐˜ข๐˜ญ๐˜ช๐˜ด๐˜ฎ."Moments ...
08/28/2026

"๐˜‘๐˜ข๐˜ฎ๐˜ฆ๐˜ด, ๐˜ต๐˜ฉ๐˜ข๐˜ฏ๐˜ฌ ๐˜บ๐˜ฐ๐˜ถ ๐˜ง๐˜ฐ๐˜ณ ๐˜บ๐˜ฐ๐˜ถ๐˜ณ ๐˜ข๐˜ด๐˜ด๐˜ช๐˜ด๐˜ต๐˜ข๐˜ฏ๐˜ค๐˜ฆ. ๐˜ ๐˜ข๐˜ฎ ๐˜ฏ๐˜ฐ๐˜ธ ๐˜ฃ๐˜ข๐˜ค๐˜ฌ ๐˜ฐ๐˜ฏ ๐˜ต๐˜ณ๐˜ข๐˜ค๐˜ฌ ๐˜ข๐˜ฏ๐˜ฅ ๐˜ข๐˜ฑ๐˜ฑ๐˜ณ๐˜ฆ๐˜ค๐˜ช๐˜ข๐˜ต๐˜ฆ ๐˜บ๐˜ฐ๐˜ถ๐˜ณ ๐˜จ๐˜ถ๐˜ช๐˜ฅ๐˜ข๐˜ฏ๐˜ค๐˜ฆ ๐˜ข๐˜ฏ๐˜ฅ ๐˜ฑ๐˜ณ๐˜ฐ๐˜ง๐˜ฆ๐˜ด๐˜ด๐˜ช๐˜ฐ๐˜ฏ๐˜ข๐˜ญ๐˜ช๐˜ด๐˜ฎ."

Moments like these remind us why we do the hard work.

This testimonial came from someone who was feeling overwhelmed and concerned about their financial situation. By working with GROWTH, they were able to create a plan, regain confidence, and get back on track.

If you're looking for guidance to get back on track, join us tomorrow for our FREE virtual Don't Freak Out! Homeownership Webinar

๐Ÿ”—Link is live, click above event for link
โ˜• Grab your coffee and join us online from 9:00 a.m. to 11:00 a.m.
๐Ÿ‘‹Lead by James Jones, Housing Manager & HUD-Certified Housing Counselor

โš ๏ธBe sure to download Microsoft Teams in advance.

Cheers to our latest Live-Work Rock Island homebuyer! Yesterday, an employee of Ballyโ€™s Quad Cities Casino & Hotel purch...
06/18/2026

Cheers to our latest Live-Work Rock Island homebuyer!

Yesterday, an employee of Ballyโ€™s Quad Cities Casino & Hotel purchased a home in Rock Island with the help of GROWTHโ€™s Live-Work Rock Island homebuyer program.

This marks the ๐Ÿญ๐Ÿญ๐˜๐—ต ๐—ต๐—ผ๐—บ๐—ฒ๐—ฏ๐˜‚๐˜†๐—ฒ๐—ฟ assisted in 2026๐Ÿ  , the ๐Ÿฐ๐Ÿด๐Ÿด๐˜๐—ต ๐—Ÿ๐—ถ๐˜ƒ๐—ฒ-๐—ช๐—ผ๐—ฟ๐—ธ ๐—ฅ๐—œ ๐—ต๐—ผ๐—บ๐—ฒ๐—ฏ๐˜‚๐˜†๐—ฒ๐—ฟ since 2003๐ŸŒŸ , and GROWTHโ€™s ๐Ÿต๐Ÿฌ๐Ÿฒ๐˜๐—ต ๐—ต๐—ผ๐—บ๐—ฒ๐—ฏ๐˜‚๐˜†๐—ฒ๐—ฟ ๐—ฎ๐˜€๐˜€๐—ถ๐˜€๐˜๐—ฒ๐—ฑ overall ๐Ÿ‘ reflecting a continued commitment to strengthening the community through homeownership. โค๏ธ

Under the Live-Work Rock Island homebuyer program, eligible homebuyers who work for a DARI-member company can receive 5% down payment assistance and up to $1,500 in closing cost assistance. Learn more about the program here: https://www.economicgrowthcorporation.com/live-work-rock-island.html

Congratulations!

Address

371 3rd Street W
Milan, IL
61264

Opening Hours

Monday 8:30am - 5pm
Tuesday 8:30am - 5pm
Wednesday 8:30am - 5pm
Thursday 8:30am - 5pm
Friday 8:30am - 5pm

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