I have been busy helping the City of Peoria find developers for their great new Warehouse District south of downtown.
The City offers:
Historic tax credits of 45% of investment
TIF incentives of up to 60% of new fair market value
No sales tax on building material
The new CAT Visitor Center and Museum is open. The Pere Marquette Hotel is rehabilitated and the new Marriott Courtyard hotel under construction. We are in the midst of major construction on attractive new urban streets. CAT is planning a new Corporate Headquarters. Tracy Cross projects demand for 194 dwelling units a year.