Twin-Cities in the running for $1 billion project, economic development leader says

Posted on August 6, 2021
Bloomington-Normal EDC CEO Patrick Hoban. (Photo courtesy: WJBC/File)

By Heart of Illinois ABC

BLOOMINGTON – Bloomington-Normal is a finalist to land a $1 billion development, one of the biggest deals the area’s economic development chief said he has ever seen.

Patrick Hoban, chief executive officer for the Bloomington-Normal Economic Development Council (EDC), confirmed to Heart of Illinois ABC the community is competing against two other finalists in other states.

Hoban said representatives of the proposed project have made two trips to McLean County and they’ll will return next week.

Hoban said he can’t reveal too much information because “premature release of confidential details about any project will jeopardize our chances for closing the deal.”

He noted the EDC hosts representatives from multiple projects every month, and the area is a finalist for many of those developments.

Heart of Illinois ABC can be reached at [email protected]. 

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