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An assessment of the West Main TIF district projects the generation of nearly $55 million in cumulative tax increment over the 23-year life of the TIF, with anticipated private investment of $82.7 million.
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U.S. Rep. Darin LaHood spoke to WCBU during a stop in Peoria to announce federal appropriation money for an industrial park in the city. He gave his thoughts on current events including the federal deficit, mail-in voting and data centers.
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Plans to develop a $40 million industrial park along Galena Road on Peoria’s northeast side received another financial boost.
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Calling them “pioneers” and “trailblazers,” Peoria leaders are remembering the service and dedication of former city council members Eric Turner and Camille Gibson, who died in recent weeks.
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Peoria Mayor Rita Ali remains steadfast in her belief that the planned Phoenix Manor permanent supportive housing development on the South Side ultimately will benefit the neighborhood.
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The City of Peoria continues to look at strengthening its enforcement targeting chronic nuisance properties. But a proposal championed by city council member Denise Jackson that would require around the clock staffing at large apartment complexes failed to advance.
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The Peoria City Council has given initial approval for a $29 million permanent supportive housing complex for homeless families on the city’s South Side. Mayor Rita Ali said the Phoenix Manor development is a key step toward revitalizing the area.
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A planned $40 million industrial park along Galena Road in Peoria is getting some state funding to move the project forward.
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A proposed 48-unit apartment complex at the site of the former Harrison School on Peoria's South Side would assist families transitioning out of homelessness, but residents who live in the vicinity feel the location is not the right place for such a development.
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An initiative to create a taxing district aimed at boosting tourism and hotel stays in Peoria took a step forward this week. The proposal would impose a 1.5% tax on short-term hotel room rentals, with the proceeds used to support marketing and other programs aimed at attracting out-of-town visitors.