City of Peoria Economic Development

Warehouse District Brochure

Click for an updated version of this brochure

The Band Was Playing Last Wednesday on Water Street

The band was playing last night in the Warehouse District on South Water Street. Great crowd. It was a beautiful evening. The Kelleher's block provides great shade for the people.

The urban environment is great - even the slow moving locomotive idling past added
to the theme.

Warehouse District Street Improvement Progress

Click to Newsletter 5 Update From the City Web Site

25 million dollars of street construction underway in July 2013.

PEORIA IS LOOKING FOR A FEW GOOD DEVELOPERS OCTOBER

Peoria IL is looking for quality developers

The City of Peoria is looking for a few good developers to redevelop our historic core. We offer public private partnerships that provide Federal and State historic tax credits of up to 45% of investment, TIF reimbursements and infrastructure improvements that can approach 60% of new fair market value, and an enterprise zone with no sales tax on building material.

Market Research by Tracy Cross estimates that we can build nearly 200 units a year in and near our downtown. Our economy is strong and interest rates are still low. Now would be a good time to move forward with a development in the Heart of Peoria.

The $200 million dollar Build the Block project is now complete and the new CAT Visitor Center and Museum open. The $93 million dollar Per Marquette Hotel is just reopened and the adjacent Marriott Courtyard hotel under construction. We are spending $30 million dollars on attractive new urban streets. CAT is planning a major new Corporate Headquarters.

I will be glad to discuss this with in depth at your office or in Peoria. More scoop on

PeoriaIL.US

Peoria Magazines

The latest data from the U.S. International Trade Administration shows merchandise exports from the Peoria metropolitan area totaled a record $17.8 billion in 2012, up 17 percent from 2011. Key export categories included machinery, chemicals, fabricated metal products, electrical equipment and transportation equipment, while leading destinations for Peoria exports were Canada, Chile, Brazil, Belgium and Australia. Greater Peoria is one of just 32 metro areas with merchandise exports totaling more than $10 billion. To learn more about the Peoria MSA’s impact on U.S. exports, visit trade.gov/mas/ian/metroreport/index.asp.

Next Tuesday, July 30th, join Focus Forward Central Illinois for a Milestone Celebration at the Gateway Building from 4:30 to 7pm. The Star Trek-themed event includes a review of the progress FFCI has made in the five-county region and a presentation of the many assets identified in the initiative’s discovery phase, as well as an announcement of FFCI’s five-year strategy to meet its previously established goals, which aim to add 20,000 new high-wage jobs and $1.75 billion to annual payrolls in central Illinois by 2018. Help celebrate central Illinois going “where no region has gone before!”

Register online at focusforwardci.com.

The latest issue of Peoria Progress magazine is now available in print and online. Published twice a year, Peoria Progress is the region's only resource devoted to promoting the quality of life in the Peoria area. The entire issue is now available as a digital magazine, online at peoriamagazines.com/pp. Print copies are available in the CIBP office and at various distribution points throughout town.

Big Build Up

The Big Build Up illustrates with photos and a spread sheet over an aerial photograph some of the major developments taking place in Peoria, Illinois. The Map illustrates the $2 Billion dollars of recent or planned investment in the City of Peoria. Click on the map to make it larger.

List of Projects

The $200 million dollar Build the Block project is now complete and the new CAT Visitor Center and Museum open. The $93 million dollar Pere

Marquette Hotel is just reopened and the adjacent Marriott Courtyard hotel under construction. We have begun a major program underway constructing attractive new urban streets. CAT is planning a major new Corporate Headquarters. More info on the links to the left.