Saturday, March 15, 2008

River's Edge Redevelopment Initiative

Southern Gateway

As part of the Southern Gateway Plan, the City of Peoria plans the redevelopment of the Eagle View area – bounded by the I-474, the Illinois River, and Illinois Route 24 (Adams Street). The site has excellent access to the River, Rail, and I-474.

The area is in an enterprise zone and in a TIF. The City will assist private sector developers to improve their properites. The Washington Street entrance to the City will be improved and landscaped. As of March 2008, four businesses on Washington have signed redevelopment agreements and improved their properites. TIF will also help elevate and improve the industrial area. Darst and Clark will be improved, and a new entryway bridge will be constructed from Adams Street into the site

Logical users of the park include Illinois clean coal power plants, steel plants, ethanol plants, and other industry that requires barge, rail, and Interstate access. The City is working to attract quality investors to this park.

A large open space along the River is planned. The park is an excellent area for viewing eagles as well as for fishing and hiking.

A quality streetscape and a revitalization of commercial buildings along Adams Street is also part of this plan.

Call Bobby Gray at 309 494 8640 for more information.

City of Peoria Economic Development

419 Fulton Street, Suite 403

Peoria, IL 61602

Monday, January 28, 2008

Eagle View TIF Map

The map above shows the current Eagle View TIF Boundaries in red. Click on the map to see a larger image. You can see a larger paper map at the Economic Development Office on the 4th floor of City Hall.

Thursday, January 24, 2008

Tuesday, January 15, 2008