Tuesday, August 21, 2007

This is the Kind of Development We Could Use in Shiloh

Instead of Shiloh, Illinois, why not Shiloh, Binyamin, Samaria?

McEagle Properties is planning a WingHaven-like development in Shiloh, Ill. The $750 million mixed-use project will add 1,319 homes and nearly 2 million square feet of office and retail space in Shiloh over the next decade.

The proposed development, called Three Springs at Shiloh, will be located on 586 acres at the southeast corner of Green Mount Road and Frank Scott Parkway...McKee said his company decided to put the development in the growing village of Shiloh after scouting sites in Illinois for the past decade. "There is all kinds of growth all around it," he said. "In the development business, it's all about momentum and continuing momentum. With Scott Air Force Base expanding nearby, that growth continues to fuel growth in this entire region."

Shiloh's population was 7,643 in 2000, according to the U.S. Census Bureau. This June, the Census Bureau highlighted the town as one of the fastest-growing communities in the Metro East, with its population estimated at 10,575 residents in 2006.

Three Springs at Shiloh will be similar in concept to McEagle's WingHaven master-planned community, which transformed 1,200 acres in O'Fallon, Mo., at WingHaven Boulevard and Highway 40 -- referred to as Interstate 64 in Illinois -- over the last decade. The development in Shiloh will run the gamut of home styles, from senior-living units to villas and single-family residences. A "town center," similar to the one in WingHaven, will have a small grocery store or other service-oriented retail space.


Source.

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