Great web site on the 100th anniversary of the Burnham Plan
Search for Engineering Design Center- 30K SF Office
Search for Engineering Design Center - 30K SF Office for Lease
An engineering and technical services firm is seeking a facility in Illinois to establish a new engineering design center. The company plans to employ 200+ workers.
Facility requirements:
� 30,000 square feet of office space for lease
� T-1 data communication line
� Controlled Environment for Servers; e.g., IT Center/Computer Control Room
� Electronic controlled security system; that is, an electronic system to control worker and other individuals entry into the company's premises
Location requirement: proposed facilities must be within a 30 minute driving distance of a university with engineering programs in mechanical and electrical engineering. The company will employ graduates of engineering programs as well as utilize current students. The company will also be interested in employing graduates and students of community college engineering programs as well.
Due to the engineering school requirement and other factors your regions and county (DeKalb) have been targeted. (The company is not interested in the Chicago Metro area because they are seeking a low cost location.)
Planned workforce breakdown:
25% mechanical engineers
25% electrical engineers
50% software related
Project timeframe:
� By the end of November identify a site
� December 2009 sign a lease and thereafter begin transforming the space to their specific requirements
� January commence operations in the facility
Please submit via e-mail information on facilities satisfying the above requirements and enrollment and graduate data for mechanical and electrical engineering programs within 30 minutes of the facility to david.pierson@illinois.gov by November 3, 2009. If information is available on graduates and students with backgrounds in software development for manufacturing applications, that would be helpful as well. Lastly, if there are incentives that may apply for this project, please identify them in the response.
Thank you in advance.
Dave
Dave Pierson
Economic Development Representative
IL Dept. of Commerce and Economic Opportunity
100 W. Randolph St., Suite 3-400
Chicago, IL 60601
Phone: 312-814-1346
Fax: 312-814-5247
E-mail: david.pierson@illinois.gov
An engineering and technical services firm is seeking a facility in Illinois to establish a new engineering design center. The company plans to employ 200+ workers.
Facility requirements:
� 30,000 square feet of office space for lease
� T-1 data communication line
� Controlled Environment for Servers; e.g., IT Center/Computer Control Room
� Electronic controlled security system; that is, an electronic system to control worker and other individuals entry into the company's premises
Location requirement: proposed facilities must be within a 30 minute driving distance of a university with engineering programs in mechanical and electrical engineering. The company will employ graduates of engineering programs as well as utilize current students. The company will also be interested in employing graduates and students of community college engineering programs as well.
Due to the engineering school requirement and other factors your regions and county (DeKalb) have been targeted. (The company is not interested in the Chicago Metro area because they are seeking a low cost location.)
Planned workforce breakdown:
25% mechanical engineers
25% electrical engineers
50% software related
Project timeframe:
� By the end of November identify a site
� December 2009 sign a lease and thereafter begin transforming the space to their specific requirements
� January commence operations in the facility
Please submit via e-mail information on facilities satisfying the above requirements and enrollment and graduate data for mechanical and electrical engineering programs within 30 minutes of the facility to david.pierson@illinois.gov by November 3, 2009. If information is available on graduates and students with backgrounds in software development for manufacturing applications, that would be helpful as well. Lastly, if there are incentives that may apply for this project, please identify them in the response.
Thank you in advance.
Dave
Dave Pierson
Economic Development Representative
IL Dept. of Commerce and Economic Opportunity
100 W. Randolph St., Suite 3-400
Chicago, IL 60601
Phone: 312-814-1346
Fax: 312-814-5247
E-mail: david.pierson@illinois.gov
Warehouse Brochure Map Updated
Warehouse Brochure Map Updated.
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Your update suggestions or corrections will be appreciated.
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Send them to Craighullinger@gmail.com
CONGRATULATIONS TO THE DEVELOPERS OF THE SEALTEST BUILDING
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City Council approved this great redevelopment unanimously 9-0.
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This is the 16th building approved for redevelopment or development with the last three years in the Tax Increment Financing (TIF) Districts - this during the Great Recession.
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This is the 16th building approved for redevelopment or development with the last three years in the Tax Increment Financing (TIF) Districts - this during the Great Recession.
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Click on the links below for more info:
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Hullinger Retires
Director of Economic Development Retires
NOVEMBER 10
Craig Hullinger, AICP, Director of Economic Development retired November 6, 2009. He worked in the department for 4 years and 2 months. He enjoyed working for the City, and looks forward to continuing to help economic development and the improvement of the City and region as a concerned citizen.
He has made the city a little better with with efforts to revitalize the Heart of Peoria. Many of his projects will continue on and be developed in the next few years.
Click below to see the full articles published in the Peoria Journal Star.
http://www.pjstar.com/news/x1659496053/Economic-development-head-retires
http://www.pjstar.com/news/x1128384646/Citys-economic-development-head-to-retire
http://www.pjstar.com/news/x1128384646/Citys-economic-development-head-to-retire
Build the Block Riverfront Solar Project
Build the Block Riverfront Solar Project
American Recovery and Reinvestment Act
Community Renewable Energy Program
Community Renewable Energy Program
The Sustainable Development Commission is leading an effort to secure a Federal Grant to install solar power to support the Build the Block development. This Public Private Partnership is a collaboration among the City of Peoria, Peoria County, Caterpillar Inc., Build the Block, our regional Economic Development Commission, and our Commission on Sustainability and Green Technology. Build the Block is a complex public private partnership aimed at redeveloping a two square block site in downtown Peoria next to the River and Caterpillar Corporate Headquarters.
Build the Block: http://buildtheblock.com/
Lakeview Museum: http://www.lakeview-museum.org/
The City has purchased the two block site. Caterpillar has demolished the buildings and cleared the site. Environmental studies on the site are complete. The citizens of Peoria County have voted for a referendum approving a new special sales tax that will generate $40,000,000 for the development. The Lakeview Museum has conducted an extensive fund raising campaign.
The City has purchased the two block site. Caterpillar has demolished the buildings and cleared the site. Environmental studies on the site are complete. The citizens of Peoria County have voted for a referendum approving a new special sales tax that will generate $40,000,000 for the development. The Lakeview Museum has conducted an extensive fund raising campaign.
The City will reconstruct three adjoining roads. The underground parking garage will be constructed first. The Museum will be built on the south side of the Block. The Caterpillar Visitor Center will be constructed on the north side of the Block, and is planned to be a LEED Platinum Building. Total investment is estimated at over $140,000,000.
The Museum and entire site will be a premier destination, with public art and green technology extensively employed.This grant is coordinated with a similar grant submitted by Caterpillar. The two grants if awarded will be developed as part of the ongoing public private partnership.
The city proposes sites both on and off the build the block sites. Solar power would be provided to Build the Block and the City owned Visitor Center Building at Main Street and the River. This
small building is the oldest commercial building in the City, is in a very visible location, and with one solar tracker collector can become a “Net Zero” Building, generating more power then it consumes. This will be explained by a display and sign at the Visitor Center, with a meter showing the amount of energy produced.
Congratulations to Doug Oberhelman
Congratulations to Doug Oberhelman - Board Names him Vice Chairman and Chief Executive Officer – Elect
PEORIA, IL – The Board of Directors of Caterpillar Inc. (NYSE: CAT) elected Douglas
R. Oberhelman to the offices of Vice Chairman and Chief Executive Officer – Elect, effective January 1, 2010. Oberhelman, 56, currently serves as Group President of Caterpillar
That is great news for the effort to make Peoria a leader in Sustainability and Green Technology. Oberhelman is a champion of sustainability.
Sealtest Building Latest Warehouse Redevelopment
Great new redevelopment up for approval by the City Council on October 27, 2009. The development is mixed use, with residential condos, office, and commercial.
This is the forteenth building approved for redevelopment in the three new TIF's over the past two years, despite the "Great Recession". And there is more to come. Stay tuned.
REQUEST FOR COUNCIL ACTION
Agenda Date Requested: October 27, 2009
Action Requested: APPROVAL TO ENTER INTO A TIF REDEVELOPMENT AGREEMENT WITH JP RIVERFRONT DEVELOPMENT COMPANIES, INC. TO RECONSTRUCT THE SEALTEST BUILDING LOCATED AT 100 STATE STREET A TWO STORY 50,000 SQUARE FOOT BUILDING AND AUTHORIZE THE CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENTS. THIS PROJECT IS LOCATED IN THE WAREHOUSE DISTRICT TIF. (COUNCIL DISTRICT 1)
Background: The Redeveloper plans to completely reconstruct the Sealtest Building located at 100 State Street. The structure is a two story 50,000 square foot building. It will be reconstructed into a first class mixed development. Renovations to include but not limited to, a complete reconstruction and bringing the building into compliance with governing codes for accessibility, fire and structural safety. The Redeveloper will also design, bid and construct Oak Street to City specifications/requirements and be reimbursed by the City on completion. Financial Impact: JP riverfront Development Companies, Inc. is asking for a TIF Redevelopment Agreement with a 50/50 split of the property tax for the life of the TIF. Conservative estimates indicate property tax on the increment would result in a total of $1,255,241 over the life of the TIF with $627,620 going to the City for infrastructure improvements (Exhibit A). The property is located in the Enterprise zone and the company is eligible to receive the sales tax exemption on building materials that is estimated to be $128,000; the City’s portion being $40,000. NEIGHBORHOOD CONCERNS: Staff is not aware of any neighborhood concerns.
Impact if Approved: The City will enter into a redevelopment agreement with JP Riverfront Development, Inc. which will provide them with an incentive to redevelop and renovate the property. The redeveloper will receive 50% of the property tax increment over the life of the TIF and the City will capture the remaining 50% of the property tax increment to utilize for infrastructure improvements.
Impact if Denied: The City will not enter into the redevelopment agreement and the City will not capture the property tax for infrastructure improvements.
Alternatives[1]: None
EEO Certification Number: 02942-101231
RELATIONSHIP TO THE COMPREHENSIVE PLAN: This project assists in achieving both the vision and goals of the Comprehensive Plan as follows:
Chapter 5 ECONOMICS--VISION: A HEALTHY, THRIVING ECONOMY; and GOAL: A.1. Provide an economic environment that supports existing and new businesses. A1.8. Consider providing public money to encourage private investment. |
Required Signatures
Department Director
Craig Hullinger
Finance Director
(Certification of Availability of Funds)
Corporation Counsel
City Manager