City of Peoria Economic Development : CITY OF PEORIA PROGRESS REPORT

CITY OF PEORIA PROGRESS REPORT

EXECUTIVE SUMMARY

2005-2008

Gret new medical community investment the:

Illinois Medical Center
Long Term Acute Care Hospital
OSF Children’s Hospital
Methodist Hospital Expansion
Illinois Eye Center
Heart Care Midwest

Completed I-74 Reconstruction
Created a Public Private Partnership for a Full Service Marriott Hotel
Created the Hospitality Improvement Zone and Business District
Developed the Southern Gateway Plan
Developed the Eagle View aand Warehouse District Plans
Demolished Sears Block for Caterpillar Visitor Center and new Museum
Continued Commercial Expansion at Grand Prairie
Sustainable Development and Green Technology Commission formed
Developed the Innovation Center to Expand High Tech Businesses
Implemented the Renaissance Park and Heart of Peoria Plan
Developed Prospect and Sheridan Road Revitalization Plan
Expanded and improved the Enterprise Zone
Ten Tax Increment Financing District redevelopments underway
Three New School / Neighborhood Improvement Zones planned
Assisted the start up of Globe Energy, Drumheller Bag and Firefly