DANVILLE – State Senator Paul Faraci announced a $4 million Regional Site Readiness Program grant to support infrastructure improvements at the former Quaker Oats facility in Danville, helping prepare the property for future industrial development and job creation.
"Illinois' Regional Site Readiness Program is exactly the type of program that will assist Danville in getting back to its roots of a thriving industrial community," said Faraci (D-Champaign). "With support from the state, Danville will make the former Quaker Oats facility ready for industrial development, which will create jobs and opportunities for Illinois families."
The funding will help address flood risks and improve infrastructure at the former Quaker Oats and Heatcraft sites, creating a shovel-ready property that can attract manufacturing, industrial and logistics businesses to the area.
“Danville's site readiness award is the latest in the state's efforts to support site readiness activities throughout Illinois," said DCEO Director Kristin Richards. “By removing barriers to redevelopment through infrastructure improvements, Danville will revitalize its industrial corridor and promote economic opportunity."
The Regional Site Readiness Program helps communities prepare vacant and underutilized properties for future industrial investment through planning and infrastructural improvements. The $4 million award will help remove barriers to redevelopment and make the Danville property more attractive to potential employers.
