The City of Peoria plans a significant improvement for the Southern Gateway. This area is located at I-474, the Illinois River, and Adams Street. It is in a disadvantaged area, and suffers from substantial environmental and brownfield problems.
The area is in an:
Enterprise Zone
HUB Zone
Tax Increment Financing District
Disadvantaged Area
HUB Zone
Tax Increment Financing District
Disadvantaged Area
The area is:
Accessible by barge, rail, and Interstate
Affordable land controlled by government
Affordable land controlled by government
The City requests Federal and State assistance:
Improvement to Darst & Clark Street $3,000,000
Improvements to existing city owned industrial land $3,000,000
Help with brownfield grants $750,000
Assistance in improving Adams Street $2,000,000
Assistance in building new entry way bridge $4,000,000
Improvements to existing city owned industrial land $3,000,000
Help with brownfield grants $750,000
Assistance in improving Adams Street $2,000,000
Assistance in building new entry way bridge $4,000,000