Issue: 1198 Date: 8/8/2013
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Quinn signs bill assisting Port of East St. Louis
Ill. Gov. Pat Quinn signed a bill last week that will free up development funds for a number of large projects in the state, including the Port of East St. Louis.
East St. Louis Mayor Alvin Parks told KMOX that he expects redevelopment of the 200-acre site to begin early spring 2014 and be finished by the end of 2014. Parks estimates the project will employ about 1,200 workers. The first phase of construction is expected to cost $35 million.
In 2010, the port received $8 million in grants to help redevelopment the site. The city of East St. Louis is also getting a $5 million River Edge Development Zone grant to build a north entrance to the port, covering turn lanes, ramps and a branch of the main loop road.
Slay Industries and Kinder Morgan will receive a combined $2 million to redevelop the Port of East St. Louis. The port is anticipated to support increased river traffic as well as relieve road and rail congestion, while boosting the regional economy.