Rockford Daybook: Prairie Street Brewhouse expansion, I-39 closures, Growing companies

Rockford Register Star
Updated ·2 min read

Prairie Street Brewhouse expansion

One of Rockford's most popular breweries, Prairie Street Brewing Co., 200 Prairie St., is looking to expand with a new commercial space and a parking lot/gathering space with a solar-covered pavilion.

The city of Rockford's Planning and Development Committee has approved a redevelopment agreement with K & K Associates, LLC. – owners of Prairie Street Brewing Co.

The project consists of the renovating the "Coke Building" at 505 N. Madison St. into a building for event and entertainment businesses and turning the block to the south of the Coke Building into a parking lot/gathering and event space.

With a private investment of approximately $5 million, the City agrees to provide reimbursement of 100% of annual incremental taxes on a pay-as-you-go basis from the East River TIF for approved, TIF eligible redevelopment project costs. The City will also reimburse the developer for $250,000 for parking lot improvements to satisfy a previous City obligation and make infrastructure improvements along Madison Street.

Temporary closures of I-39 near Rockford

Starting next week, there will be overnight lane closures on I-39 in Cherry Valley. According to the Illinois Department of Transportation, the closures will be from Monday, Aug. 21 through Thursday, Aug. 24.

The closures will be from 9 p.m. to 5 a.m. each day. Traffic in both directions will be stopped for 20 minutes while beams are being set for the new Perryville Road bridge. You can read more about the project here.

Rockford area home to 3 fastest growing companies

What do a coffee company, a roofing and siding business and a financial services provider have in common?

Inc. Magazine recently released its list of the 5,000 fastest growing private companies in the United States, and three Rockford area companies made the list — Roscoe's Martin Exteriors Roofing & Siding, Rockford's Fire Department Coffee and Savant Wealth Management.

Companies on the 2023 Inc. 5000 were ranked according to percentage revenue growth from 2019 to 2022. To learn more read our story here.

This article originally appeared on Rockford Register Star: Rockford Daybook: Prairie Street Brewhouse expansion, I-39 closures