Illinois

Gorman Close to Deal with Hilton for Amerock Project

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By Mike Buda, May 14, 2015 ROCKFORD (WIFR) — Major developments surround Rockford’s downtown Amerock building. Wisconsin-based developer Gorman and Company tells 23 News that they have received preliminary confirmation the chain will be the franchise for the Amerock project. Gorman Illinois Market President, André Blakley, says it’s an exciting time to be in Rockford. […]

Illinois

Chinese-Buffett Deal Food for Thought for Seekers of U.S. Visas

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Chinese Investors Fueling U.S. Construction Boom, With Green Card as Payoff An artist’s impression of the Amerock development in Rockford, Ill., which is mostly being funded by EB-5 investors. PHOTO: GORMAN & CO. By WEI GU, Wall Street Journal, January 29, 2015 What was once the only skyscraper in Rockford, Ill., is getting an overhaul […]

Illinois

Ziock developer: Work to start in 2015 on downtown Rockford hotel

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By Brian Leaf, Rockford Register Star, Aug. 14, 2014 @ 4:00 pm ROCKFORD — The company planning to renovate the Ziock Building, an abandoned 13-story downtown factory, into a $53 million hotel and conference center won’t begin work until February 2015. “We forecast being able to open in early spring of 2017,” said Laura Narduzzi, […]

Illinois

Rockford aldermen aim to reduce Ziock’s development costs

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By Kevin  Haas, Rockford Register Star, Apr. 8, 2014 ROCKFORD — Aldermen are looking for ways to reduce the city’s cost  to uphold its end of a deal to bring a hotel and conference center to  downtown. City Council members voted  13-1 Monday to approve an arrangement with Gorman & Co. to rehab a 13-story […]

Illinois

Rockford aldermen OK Ziock deal

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By Kevin Haas, Rockford Register Star, Apr. 7, 2014 Aldermen approved a deal to redevelop the city’s first skyscraper Monday that Mayor Larry Morrissey said could become one of the council’s “signature moments.” City Council members voted 13-1 to approve an agreement with Wisconsin-based Gorman & Co. to turn the more-than-century-old Ziock building, 416 S. […]

Illinois

Aldermen Say Yes to Amerock Hotel Agreement

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By Jessica Geraci, WIFR, April 7, 2014 ROCKFORD (WIFR) — Rockford’s former Amerock building is likely on its way to becoming a multi-million dollar hotel and convention center after the city council approves a more than $50 million development plan on Monday. Developer Gorman and Company plans to build a 150 room hotel and conference […]

Illinois

Our View: Approve Ziock or risk losing it

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Editorial, Rockford Register Star, April 5, 2014 Downtown Rockford never will be what it once was. It will be better. It’s impossible to overstate the importance of the Amerock/Ziock  project to the future of downtown, to the future of Rockford. The terms  catalyst, transformational and game-changer have been overused lately, but this  project truly can […]