Alton, IL

Eastgate Plaza To Get New Life

Story by WBGZ Radio

A longtime shopping center in the Riverbend has a new lease on life with new ownership and new ideas to make the complex vibrant once again. Eastgate Plaza has been purchased by EG Plaza LLC, a newly formed local partnership that bought the building and parking lot, the former gas station building, along with the movie theater earlier this year.

According to a report in the Telegraph, the investors in EG Plaza LLC are Todd and Julia Kennedy and his parents Paul and Carolyn Crause. The Kennedy's operate Julia's Banquet Center which is located at Eastgate. East Alton Mayor Joe Silkwood is looking forward to new and exciting things to happen along the Route 3 corridor in 2018. He told the Big Z having local ownership of some of the larger parcels of property in town will be a big plus:

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According to the published report, the Kennedy's hope to begin the overhaul this spring and are currently seeking new tenants.  The sale does not include the East Alton Ice Rink, it will remain owned by the Village of East Alton.


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