City of Peoria Economic Development

Full Service Marriott Hotel Approved

The City Council approved the Full Service Marriott Hotel last night. The Public Private Partnership between the City of Peoria and EM Properties Ltd will see the redevelopment of the historic Pere Marquette Hotel into a 475 to 500 room hotel. A new 200 plus room tower will be built, and the Pere rehabbed to Marriott standards. An elevated connector will be built to the Civic Center.

This improvement will enable the City of Peoria to recapture the "Queen City" status of being the conference and convention center for the middle of Illinois. This will be the largest hotel south of Chicago in Illinois, connected to the largest Convention Center.

More info on:

http://hotelpeoria.blogspot.com/

http://www.emproperties.net/

Watch the Video at:

http://www.week.com/news/local/36207279.html?video=YHI&t=a

Good Scoop from the Heartland Partnership

Local Officials Want To Have Economic Stimulus Project List Ready Soon

http://1470wmbd.com/pages/3479167.php

1470 WMBD Jonny King Reporting

Officials in central Illinois want to be ready to go with specific projects when and if the new federal administration makes good on an economic stimulus plan.

Hoping For Big Bucks From Obama
Central Illinois Proud - Bloomington,IL,USA
Heartland Partnership President Jim McConoughey says, "What we need to be able to do is assemble the projects into a list that has economic development ...

Peoria weathering the economic storm for now

http://1470wmbd.com/pages/3456529.php

Ed Hammond Reporting 1470 WMBD

A lesson in the national and local economy takes place at Bradley University. Heartland Partnership teamed with Bradley to gather civic and business leaders to talk about how Peoria is affected by the recession.

BU seminar shares economic prognosis
Peoria Journal Star - Peoria,IL,USA
BU economists Bob Scott and Joshua Lewer reviewed what led to the economic meltdown and offered a look at government efforts designed to head off further ...

http://www.pjstar.com/business/x388236266/BU-seminar-shares-economic-prognosis

Economic Analysis
WEEK-TV - East Peoria,IL,USA
(AP Photo/Henny Ray Abrams) By Gina Ford Despite the economic recession, Peoria continues to thrive...tonight Bradley University and Heartland Partnership ...

Economy a challenge for eateries
Peoria Journal Star - Peoria,IL,USA
Soaring gas prices caused people to cut back on going out," said Jim McConoughey, president and CEO of the Peoria Area Chamber of Commerce. ...

Sears block deadline extended

By John Sharp

of the Journal Star

Posted Dec 09, 2008 @ 11:58 PM

http://www.pjstar.com/news/x2031104928/Sears-block-deadline-extended
PEORIA — A deadline extension of a redevelopment agreement for the old Sears block into the much-discussed Riverfront museum was approved by the City Council Tuesday.

Mark your calendars!

Peoria Robotics $850,000 grant announcement

December 19, 2008 8:30 a.m.

Peoria Next Innovation Center

801 W. Main Street

Sustainable Development

Great articles on Sustainability in the Peoria Magazine.

Check it out at:

http://www.peoriamagazines.com/ibi/2008/dec

More information on Sustainability and Green Technology in Peoria at:

http://sustainablepeoria.blogspot.com/

Look for economic hard times to continue into next year, but expect signs of improvement by the third quarter of 2009.

That was the consensus of participants in a seminar Monday at Bradley University where 200 people gathered to hear about the national financial crisis.

Read about it at:

http://www.pjstar.com/business/x388236266/BU-seminar-shares-economic-prognosis