Update December 29, 2017, 5:24
UPDATE: ROCKFORD, Ill. (WIFR) - Work is underway at the former Amerock facility.
Earlier this week, employees of the city of Rockford's Construction and Development Services walked through the site.
The $87.5 million development is turning the historic building into a 160-room hotel and conference center.
Updated December 21, 2017, 4:01 p.m.
UPDATE: ROCKFORD, Ill. (WIFR) - Groundbreaking for a four-star Embassy Suites Hotel and Conference Center in downtown Rockford is expected in early 2018 as Gorman & Company closes on a financing plan for the former Amerock facility.
The company and the city of Rockford released new details about the investment on Thursday.
Some construction has started on the $87 million, 160-room hotel and conference center, with work expected to steadily increase in the coming weeks and months.
City leaders say the project will bring nearly 600 construction jobs as well as some permanent positions to the area.
“Between the jobs that will be created by construction and the hotel service jobs, this is going to have a great influence on the future of downtown Rockford and our citizens. I’m proud of the work done by the staff at the City who spent many hours, days, and years making this work for our city,” says mayor Tom McNamara.
Updated December 18, 2017, 8:33 p.m.
UPDATE: ROCKFORD, Ill. (WIFR) - The City of Rockford says the official closing on the Amerock Hotel has happened.
Officials say the groundbreaking and construction will begin in early 2018 on the Embassy Suites.
Posted September 25, 2017, 10:23 p.m.
ROCKFORD, Ill. (WIFR) -- A public hearing for the proposed Amerock Hotel was on the agenda for tonight's Planning and Development Committee meeting, but ended quickly after no one chose to comment on the subject.
A public hearing is a requirement in order to create a tax increment financing or TIF district that will help to fund the redevelopment of the Amerock building into a new hotel and conference center. No one commented during the hearing. Some aldermen say it's interesting that many who have debated the issue stopped voicing their concerns. Aldermen say they hope to start seeing construction begin this fall.