The City of Peoria is Looking For a Few Good Developers
The City of Peoria is looking for a few good developers to redevelop our historic core. We offer public private partnerships that provide Federal and State historic tax credits of up to 45% of investment, TIF reimbursements and infrastructure improvements that can approach 60% of new fair market value, and an enterprise zone with no sales tax on building material.
The $200 million dollar Build the Block project is now complete and the new CAT Visitor Center and Museum open. The $93 million dollar Pere
Marquette Hotel is just reopened and the adjacent Marriott Courtyard hotel under construction. We have begun a major program underway constructing attractive new urban streets. CAT is planning a major new Corporate Headquarters. More info on the links to the left.
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