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THE RED CROSS SECURED FUNDING FOR A
NEW FACILITY IN THE LATE 1990’S,
LEAVING THE VACANT ROCK ISLAND,
ILLINOIS, BUILDING TO BEGIN
DETERIORATING, ALONG WITH AN
ATTACHED STRUCTURE THAT WAS NEARLY
IN SHAMBLES. OXBOW DEVELOPMENT
ACQUIRED THE PROPERTY AND THEN
UTILIZED LOCAL GOVERNMENT FINANCING
AND GRANT PROGRAMS TO DEMOLISH THE
ADJOINING STRUCTURE AND REHABILITATE
THE REMAINING STRUCTURE. A LOCAL LAW
FIRM PURCHASED THE PROPERTY AND
FINISHED IT TO SUIT THEIR UNIQUE
NEEDS. |