The Peoria City Council has unanimously approved Terra Engineering's concept for the riverfront's redevelopment.
This comes after the Peoria Planning and Zoning Board recommended the plan for council approval on a 4-1 vote last week.
City manager Patrick Urich said the costs are now projected to be $26 million. Terra Engineering had a wide-ranging $15 to $25 million estimate when the plan was initially presented to the city council. Urich said the city has since worked with them to nail down a more precise cost estimate.
The plan calls for a variety of new amenities along the Peoria riverfront between the Bob Michel and Murray Baker bridges, including a kayak launch, dog park, interactive water feature, and barge park.
The state's Department of Commerce and Economic Opportunity is providing $15 million towards the effort. Urich said state Rep. Jehan Gordon-Booth is working to get the money released.
The next steps involve private fundraising, Urich said. He said there's already been some interest from potential donors.
