Development

Demolition of Riverfront Village at the foot of Main Street in Peoria will now begin in December at the earliest. It has housed various businesses over the past two decades. The City of Peoria owns the raised structure and plans to develop a park in its place.

Tanya Koonce / Peoria Public Radio

The City of East Peoria is working with a strategic planning consultant that has a track record in the state.

Cass Herrington / Peoria Public Radio

As one building in Peoria Heights reaches full occupancy, another one is about to be added to the Prospect Road streetscape.

Plan Peoria

The City of Peoria is taking ideas on the future use of the land under the Riverfront Village Platform.

The 2.5 acre parcel of land is to become public space. It’s in the First District, represented by Councilwoman Denise Moore. She says Monday's public input session is an opportunity for people to say what they would like to see in the space.  

John W. Iwanski / Flikr Creative Commons

A project manager for the British developer who owns the massive Old Main Post Office in Chicago says he won't just let the city take over the vacant and deteriorating structure.

A former nightclub on Knoxville Avenue was being torn down Thursday to make way for a s$10 million senior housing project.  

Negotiations to sell Peoria’s historic Madison Theater fail

Oct 21, 2014

The potential for re-development of the Madison Theater looks to be on hold. The owners of the Madison Theatre and NXG Development have elected to drop negotiations. 

wtvp.org

Morton’s Chamber of Commerce CEO will lead two regional economic development groups starting later this fall. Jennifer Daly will lead both Focus Forward Central Illinois and the region’s Economic Development Council starting November 3rd.  FFCI grew out of a multi-year effort to craft a regional economic growth plan with help from an outside consultant. Daly has been involved with the FFCI technical working group since its inception. Daly has spent the last six years heading up Morton’s Chamber of Commerce and Economic Development Coun

Purdue University is helping research economic development activity in Central Illinois. The Tri-County Regional Planning Commission approved a contract with the institution to help craft a Data Center Of Excellence. The contract is paid for with money from a federal grant Peoria County received in 2008. Mark Rothert is the county’s Assistant Administrator for Economic Development. He says the online-data-center can reveal detailed information on the local economy:

Tazewell County’s former administrator is now heading a newly-formed downtown development group in Peoria. Mike Freilinger is the first president for the non-profit Downtown Development Corporation. The group aims to boost investment in Peoria's downtown and warehouse district. He says one goal is to fill the funding gap between fixing-up a building and making the rental costs affordable:

East Peoria approves business loan

Apr 15, 2014

The East Peoria City Council approved a $50,000 loan to help a local accounting firm expand. The loan is for CLA Services to move into a building in the city’s Four Corners District. City Planning Director Ty Livingston says the loan can help pay for physical improvements that match the district:

The Peoria County Board deferred funding its share of a new downtown development group. Peoria Public Radio's Alex Rusciano reports board members questioned the transparency and membership of the group:

The newly-formed non-profit Downtown Development Corporation aims to boost investment in Peoria's downtown and warehouse district.

Risinger shares priorities for Planning Commission

Mar 3, 2014

Former state senator Dale Risinger says he hopes to renew focus on some lagging Tri-County Regional Planning Commission projects. The commission last week appointed Risinger as its interim executive director. The commission has completed a corridor study to build a proposed Eastern Bypass.  That project would connect Interstate 74 with Illinois Route 6 in the north-east-region of Peoria. Risinger says he wants to focus on selecting a proposed route for the bypass:

A new computer tool aims to give regional government better accuracy in predicting the impact of residential or commercial development.  Peoria Public Radio’s Alex Rusciano reports on the new ‘fiscal calculator’ tool:

Ten old hotels, homes, and bridges all built at different times in Illinois' history.  The structures might be different, but for 2013, they have something in common. IPR’s Chris Slaby reports.

The sites span from the state's northern border to Madison County, outside St. Louis. They make up this year's "Ten Most Endangered Historic Places" list released by Landmarks Illinois, a state organization that promotes preserving sites.

Peoria looks to attract new call center

Mar 8, 2013

Peoria officials are working together to attract a new call center business to the city. Mark Rothert  is assistant Peoria County Administrator for Economic Development.  He says the company would create about 200 jobs if it locates in the area.

"Right now, immediately, if the company were to expand into Peoria, they could fill about 50 jobs immediately. So, with that potential of 200 jobs, this is a good project to be working on to help spur on our economic development," says Rothert.

Peoria County seeks input for economic development plan

Feb 27, 2013

Peoria County’s Economic Development Department is hosting a set of public forums this week. The department is seeking public input on how individual counties fit into the regional economic plan. The forums aim to identify the assets of individual communities within the counties. Local residents, officials and business owners can attend the forum tonight from 6-7 at West Peoria City Hall, tomorrow from 6-7 at the Princeville Heritage Museum or Tuesday March 5 from 7:30-8:30 at the Chillicothe City Hall.