April 2008 E-Newsletter
Levee Update
On Wednesday, March 19, the Madison County Board approved a $172,000 payment to the East-West Gateway Council of Governments as the county’s share in a three-county effort (including Monroe and St. Clair counties) to repair the Mississippi River levees in the Metro East. East-West Gateway will hire engineers and consultants to improve the levees. A 14-member inter-county task force, headed by Alliance Board Member and SIUE University Park Executive Director Jim Pennekamp, is leading the levee repair effort in Illinois. In February, the task force signed $225,000 in contracts with engineering, planning and financial firms to work on the first phase.
Johnson Properties and Trammell Crow Join Alliance Investors
Johnson Properties, Inc., and Trammell Crow Company have joined as Alliance Investors for 2008. Fairview Heights-based Johnson Properties, Inc. specializes in commercial and industrial real estate, development land sales, 1031 exchanges, investment properties, and build to suit projects throughout Southwestern Illinois. Trammell Crow Company, with over two dozen offices through the United States, Canada and India, is a leading real estate development firm. Trammell Crow’s St. Louis office works closely with the Alliance in developing and marketing Edwardsville’s Gateway Commerce Center.
Alliance 2008 Investors Program
The Alliance will launch a new Investors program at the end of April. As a public-private partnership, the Alliance receives approximately 30% of its funding from private-sector investors. Companies are encouraged to support the Alliance’s efforts to bring new commercial development to Edwardsville and Glen Carbon, as such projects strengthen the local tax base and the strength of the economies of the Metro East and the St. Louis Region. To view a list of our current Investors, please visit www.edglenalliance.com.
Johnson Properties, Inc. Brokers Win RASI Awards
The REALTOR® Association of Southwestern Illinois recently awarded John Eichenlaub of Johnson Properties, Inc. the “Largest Commercial Transaction” Award for 2007. John previously received this award in 2000. Tim Johnston, also of Johnson Properties, Inc., received the “Largest Commercial Listing” Sales Award for 2007. It is Tim’s fifth Largest Commercial Listing Sales Award, having previously won the award in 1997, 2000, 2003, and 2006. The Alliance congratulates John and Tim, and Johnson Properties, Inc., for their contributions to the commercial real estate industry and the economic development of Southwestern Illinois.

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