The City of Peoria is looking for a few good developers to redevelop our historic core.

Sep 25, 2010

Historic High Street Home For Sale


Historic High Street Home for sale. 4 Bedrooms and an office, 3.5 baths, 3,750 square feet plus partially finished basement apartment. All brick, slate roof, extensive interior wood work, grand front veranda, formal living room and separate formal dining room, parlor, grand stair case and maids stair case, across the street from Giant Oak Park. Two gas fireplaces. Two Blocks from Methodist Hospital. Take Main Street from downtown Peoria west to the top of the ridge, turn south on High Street.

$295,000

423 W. High Street, Peoria, IL 61606

Contact Craig Hullinger to see the home

309 634 5557


More info at:

More Photos Below, Listed with Charles Crump






Sep 21, 2010

TIF Plays in Peoria

Redevelopment assisted by Tax Increment Financing (TIF) is very effective in the City of Peoria. The City created three new TIF's in 2007-2009 and approved twenty redevelopments - some during the "great recession".

Total investment in the buildings is estimated at $336,000,000, creating approximately 1,050 jobs. And there are many more buildings in the works, waiting for better economic conditions.

                         TIF  Completed *

Warehouse TIF
LaVille De Maillet, L.L.C. *
JP Riverfront Development Comp, Inc. (Sullivan) Sealtest
Iron Front, L.L.C., (Huber) 408 Washington
Iron Front, L.L.C., (Huber) 412 Washington
Iron Front, L.L.C., (Huber) 420 Washington
Edgewater Building (Huber) River
Fastenal Company *
Drumheller Properties L.L.C *
D and B Developers, L.L.C. (Waterstreet Solutions) *
B and L Sales *

Southtown TIF
Illinois Medical Clinic *
Long Term Acute Health Care Facility Cullinan *
Cancer Research Center

Hospitality Improvement Zone
Pere Marquette Mariott Courtyard Hotel

Eagleview
Behr Peoria, Inc. *
Martco, LTD (Laser Electric) *
Pulaski Express/Adams Street Supermarket *
JWE Properties/Engler Meier and Justice (Westmont) *

CBD
Caterpillar Visitor Center
Riverfront Museum


l

Sep 14, 2010

Future Posts on Economic Development and Planning

Most of my future posts on Economic Development and Planning will be made to the address below. Thanks for following:


Sep 13, 2010

American Planning Association Webcasts




The American Planning Association is pleased to announce that we have just added a number of programs to the webcast schedule for the fourth quarter of the year.

All webcasts are provided at no cost. Participants can register for these events at: 



Friday October 1st 1-2:30 pm EASTERN
Practical Application of Takings, Exactions and Constitutional Procedural Requirement sin Local Land Use Decisions (submitted for CM Law credit)

Friday October 8th 1-2:30 pm EASTERN
Redevelopment is in the Details

Friday October 22nds 1-2:30 pm EASTERN
Fundamentals of Redevelopment Agreements: Uses and Applications (submitted for CM Law credit)

Friday November 19th 1-2:30 pm EASTERN
TO LEED OR NOT TO LEED: How do you promote "Green Building Design" at the municipal level

Friday December 3rd 1-2:30 pm EASTERN
Bridging the gap between Community Based Organizations and the Planning Community: How we can leverage non-profits in planning


_______________________________________________

ApaIllinois mailing list






Sep 11, 2010

The Power of Density

Interesting article by Richard Florida in the Atlantic Monthly. He believes that increasing urban density is good for many reasons. I agree.


In the City of Peoria, our population density has continued to drop. This partly because of the loss of housing in the older part of the city, partly because of lower household size, and partly because of new lower density housing in the northern part of the city.


Part of the process of rebuilding our older areas such as the Warehouse District is to attract new housing and residents to our older neighborhoods. More people will result in a livelier town with more attractions.


http://www.theatlantic.com/business/archive/2010/09/the-power-of-density/62569/

Sep 10, 2010

Big Build Up

[Big_BUild_07-14-08.jpg]

State Historic Tax Credit - Per Marquette Hotel


Last year we worked with Warehouse District Developers to develop a proposed Illinois Historic Tax Credit program. This program would be a  major incentive to help cities renew older declining neighborhoods. The tax credit makes the preservation and renewal of dilapidated historic buildings much more likely, and is an important factor in revitalizing older communities. 

More info on our proposal below:


We are pleased that the State Legislature led by Senators Koehler, Senator Risinger, Representative Gordon and Representative Leitch passed a pilot program that covers the Pere Marquette. 


We hope that the next session passes this program for the Warehouse District. It should be eventually passed on through the State. This would be a gigantic shot in the arm for Sustainable Development of older declining areas.


Illinois' New Program To Fund Rehab of Peoria's Père Marquette Hotel

Pere
Rendering of the restored Hotel Pere Marquette, Peoria, Ill.
Credit: Campo Architects
This June, for the first time in Illinois, state tax credits for a preservation project were granted to bring additional funding for the restoration of the historic Père Marquette hotel in downtown Peoria.
The credit is a one-time, pilot program signed into law by Gov. Pat Quinn. While preservationists hope legislation will come up for vote next year to make state tax credits available throughout Illinois, this project—which is being completed by the New Orleans and Las Vegas-based firm Campo Architects—is the only one that will receive funding from Senate Bill 2534 this year.
The hotel has been a staple in Peoria's downtown since its construction in 1926 by prominent Philadelphia architect Horace Trumbauer; it has hosted five sitting presidents. Now listed on the National Register for Historic Places and owned by the local EM Hospitality LLC, the hotel will undergo its second major renovation (the first was in the early 1980s) and will be connected to a Marriott Courtyard hotel that will be constructed immediately adjacent. The two hotels will then be connected, via enclosed walkway, to Peoria's Civic Convention Center.
Read the rest of the article on the link below:

Peoples Connect

Peoples Connect eNewsletter
Peoples Economic Development Corporation
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Springfield, Illinois 62704
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The leaves are changing colors, the weather is cooler, and its time for outdoor events & festivals. Carving pumpkins, making scarecrows, and bobbing for apples are all part of many downtown Fall events. Find
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Dear Craig,

Thanks again for your continued interest in our eNewsletter.  Fall is here and communities across Illinois are gearing up for Fall festivals and kids are back in school.  In this issue, you will read about Preservation Ordinances, Local Historic Districts, and Certified Local Governments.  These are all important methods of protecting your community for rehabilitation and redevelopment opportunities as we bounce back from the economic downturn.   We hope you enjoy this edition and get out and celebrate the beautiful Fall colors!

P.S.  We have recently moved our Springfield Office.  Check the column to the left for new address information.  
Local Historic District
Protecting the Quality of Life in Your Community
To truly protect your historic places for future generations, you have to take responsibility as a community and act locally.  Adopting a local preservation ordinance, appointing a DT Facadecommission, and designating historic resources is one of the best ways for a community to protect the historic character of its buildings, neighborhoods, and landmarks from inappropriate alterations, inconsistent remodels, and demolition.  Citizens from your community are appointed by officials to serve as a preservation commission. Decisions on what to designate as part of the district are based on local criteria, and having this form of protection secures your valuable properties and stabilizes property values.  

Certified Local Government
Promoting Historic Preservation
Monticello Courthouse
The Certified Local Government (CLG) program provides anopportunity to help local governments integrate historic preservation concerns with local planning decisions. Joining the CLG program is an important and effective way to preserve historic places. 

Why become a CLG?
  • Access to Federal funding set aside for CLGs
  • Expert technical advice of the State Offices & National Park Service
  • Shows commitment to protecting community assets
Click here to learn more about CLGs.
National Register Districts
Commercial and Residential 
Courtesy: Randy von Liski
Springfield 6th St

Authorized by the National Historic Preservation Act of 1966, the National Park Service's National Register of Historic Places is part of a national program to coordinate and support public and private efforts to identify, evaluate, and protect America's historic and archeological resources. (Source: http:www.nps.gov)

During the past several months, Peoples EDC has been working to established recognized historic commercial business districts in Ottawa, Centralia and Dixon, IL. If you are interested in learning about districts in your area, contact us at info@peoplesedc.com.

Want to find out if there are any historic commercial districts in your area? Visit the National Register website to see!
Preservation OrdinanceRenovation
How to Protect What is Important
Altering historic buildings can change the entire traditional downtown atmosphere.  One of the most common problems with updating downtown areas is signage. All it takes to ruin a historic building or block is a oversize neon sign blinking the name of a new retail location.  By creating a preservation ordinance, you can protect your community and your assets from changes like this and other modifications that disrupt the historic character of your downtown. 

If your community is not a registered historic district, a preservation ordinance will help create the same type of protection to the buildings, structures and other important properties that being on the National Register would provide.  A set of guidelines will be created which will require property owners to follow them during renovations or alterations to their property.  Having a preservation ordinance will protect tourist attractions which will stimulate business and revitalize your downtown.

Monticello CrowdCheck out Monticello, Illinois' website to read about their preservation ordinance. 





In The NewsHotel Pere Marq
Hotel Pere Marquette
Check out the latest on the new pilot preservation tax credit program signed into law earlier this Summer for the City of Peoria, Illinois.
Click here.
Thank you for reading this edition of the PEDC eNewsletter.  Please call or email with any questions or comments.  We're here to help you make the most of your historic resources.
 
Sincerely,
Peoples EDC Team