In the city that houses the headquarters of the world’s largest maker of construction equipment, nearly $2 billion in capital projects are ongoing, have been completed in recent years, or are currently in the planning stages.
Several graduate students from the University of Illinois School of Architecture recently showcased an intriguing mix of ideas for creating a vibrant warehouse district in downtown Peoria.
The City is very encouraged at the prospect of having the Plaza returned to local ownership. Paskert and his associates have solid experience in successfully marketing and managing commercial properties.
Collaboration is key to the strength of this region. At EDC, we see firsthand the value of both the public sector and private businesses working together.
As their children sleep an extra hour on the last Saturday in August before classes begin, a young couple plans their day’s activities. Their car would never move.
While we continue to struggle with high vacancy rates and an abundance of warehouse space, retail, multi-family and medical office markets remain steady.
Benjamin Franklin, one of this country’s civic improvement pioneers and an architect of the nation itself, wrote for his Poor Richard’s Almanack, “He that can have patience can have what he will.”
We know that great people are doing great things in the region, but when you take a step back and really look at what is happening, it’s pretty amazing.
The United States EPA studied different LID sites across the nation and determined that the cost of LID is often less than the cost of conventional development.
The newly revamped center will function both as a school focused upon improving the lives of those with special needs and a commercial entity geared towards revitalizing the Sheridan Triangle area.
TIF districts seem to be in the news on a daily basis, yet very seldom do you get the full story of how a TIF works and what benefits a city derives from it.
