Wood River Officials Considering Downtown Expansion [Video]

WOOD RIVER – Downtown Wood River may be expanding with streetscape improvements around nearby businesses following a discussion between City Officials about a grant opportunity worth up to $2 million.

At Monday’s City Council meeting, City Manager Steve Palen said there’s currently a “downtown grant” of up to $2 million on the table that he’d like to pursue for the city’s downtown area – however, he said the city may be better off asking for about half that amount.

“The max you can ask for is 2 million, but they’re only giving out 20 grants for the entire state,” Palen said. “My opinion is, if we ask for a project more around the $1 million mark, we may have more likelihood to be approved, but it’s competitive.”

While the grant would require 25% in matching funds regardless, Palen said the Wood River Business Alliance may be able to help supply …