ROCKFORD — A plan to revive the historic Rockford Watch Co. factory and another downtown building is moving closer to a groundbreaking after roughly three years of work to prepare for construction.
Oliver Emerson Development, a family-run real estate development team, expects to start construction in the fourth quarter of this year. They want to move forward with both building projects simultaneously with a goal to complete their work in 2028.
The plan got new momentum this month after previous delays when developers had to restructure their financial plan…