If you would like to help please send and email to firstname.lastname@example.org
City Staff are making presentations on the proposed
Hospitality Improvement Zone (HIZ)
Contact us and we will be glad to tell you all about it:
CraigHullinger@gmail.com 309 494 8639
Presentations Made to date as of April 2, 2008
Downtown Hotel Owners
Downtown Property Owners
Heart of Peoria Commission
Various citizens and developers
Requested Permission to Make Presentation to / Date Scheduled
Mass Transit District / April 14, 2008
Chamber of Commerce / June 5, 2008
ICC / TBD
Planning Commission / TBD
Economic Development Stakeholders / TBD
EDC / TBD
District 150 / TBD - Will schedule after agreement on previous TIF's is complete
Park District / No presentation wanted, letter was enough
Any other group - please call / TBD
More Info on http://www.peoriaed.blogspot.com/
under Hospitality Improvement Zone
The link below describes the program of a company that specializes in University Alumni Housing.
Aging baby boomers will soon want one story homes. And many of them will want the vitality of city living without the cost of a large and expensive metro area. And some of them will fondly remember their old University.
Retirement homes in conjunction with Universities have become increasingly common. The housing can be privately developed, with alumni and retired faculty targeted as purchasers. A number of programs have been developed where private developers work with Universities to market retirement communities to alumni. The involvement of the University can be minimal, but usually involves letting their alumni know about the proposed development and conducting a survey to find out what type of homes they prefer.
The alumni bring a love of the University, a pool of supporter / volunteers / students, and the potential for donations and bequests. They can also afford a nice home, selling their single family home in a more expensive housing market, and moving to Peoria. From the City perspective a program to bring retired alumni back brings in affluent citizens with retirement nest eggs. They spend money, don't need jobs, and contribute to the city. They would help to rebuild several of our neighborhoods that need redevelopment.
In marketing Peoria to national developers, we encountered a number of Bradley alums and one who dated a Bradley student. They all were interested in how the University and City were doing. Bradley Alumni Developers would be obvious candidates for recruitment for the development of one or more retirement communities. There are also a number of firms that specialize in this type of housing. I have listed a few of the web pages below: You will notice that Campus Continuum continuously conducts a nice web based questionnaire aimed at alumni retirees - a pretty effective and low cost way to see if there is interest in retiring back to the campus, and a low cost way to help figure out the type of housing desired.
"Baby Boomers, Back to Campus," University Business Magazine, 2/08, http://www.universitybusiness
TIF Districts spur revitalization of older neighborhoods, increasing tax base and jobs. Successful projects include:
Cranes & Equipment
First Capital Bank
IL Assn. of Neurosurgery
Renal Care Center
Spring Grove Residential
U. of I. College of Medicine
Valley Park Shopping Cntr.
Valeska Hinton School
Hospitality Improvement Zone
The cities of Tinley Park, East Peoria, and Normal have developed high quality conference centers and hotels which draw business from Peoria. Springfield’s attractiveness has been greatly enhanced by the Lincoln Museum. These improved competitors all received substantial assistance from government, and will draw business from downtown Peoria.
Our downtown hotels and other hospitality industry business struggle to compete with these quality new developments. The City can choose to compete or not to compete. The proposed Hospitality Improvement Zone would assist existing and new businesses invest, improve, and expand.
City Council has directed staff to present the potential HIZ TIF to our sister governments, and request their input and direction. We also ask our citizens to send us their recommendations. Thank you for your consideration. We appreciate your viewpoint.
Send comments or questions to Craighullinger@gmail.com
309 643 0482
More info at
NEXTsteps was designed to provide
a forum for informal networking and
information sharing between innovators,
entrepreneurs, investors, and others
interested in nurturing entrepreneurship
in the Midwest. Typically, NEXTsteps
features the presentation of three or
more technology companies or
technology concepts ready to be taken
to the next level.
Date: March 18th, 2008
Additional details and directions to the event can be found at:
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