New Property for Sale in the Warehouse District

Looking for a Few Good Developers

Photos of the Warehouse District

http://picasaweb.google.com/peoriamaps/WarehouseDistrict#

The Aerial Photo above shows the Warehouse District outlined in blue. It is adjacent to downtown and the Riverfront, just south of I-74. The ballpark and Civic Center are also adjacent. A great location for new urban development.

Big Build Up

The map above illustrates the "Big Build Up" of Peoria. Development in and near downtown is very strong. There is a strong demand for more housing within walking distance to all the newly developed jobs.

Documents - Warehouse District

The area just south of downtown Peoria is a mix of old industrial lofts, one story industrial buildings, and vacant lots. This area will become a vibrant mixed - use residential and commercial neighborhood. Some of the old industrial lofts will become condominiums similar to the successful development of the buildings on Water Street. The street level space can become viable commercial and retail space.

The conversion of this area to a great urban neighborhood will take place as a result of market demand and the strong incentives the City has created. The area is in a TIF and Enterprise Zone. The City will use 50% of new property taxes generated for City improvements, and 50% allocated to developers to finance environmental clean up, public safety improvements, and rehabilitation to uses permitted in the new Form Based Code. This will lead to very rapid redevelopment.

More detailed information on the pages below:

Warehouse District Flyer - Executive Summary
http://economic-development-city-of-peoria.googlegroups.com/web/Warehouse%20District%20Flyer%20(1).pdf?gsc=_jztiwsAAADuQ9TQCBIqJ0bDhr19dnSy

Aerial Photo
http://1.bp.blogspot.com/_PpQmQ9kiZwU/R5IJl3D1zZI/AAAAAAAAAgQ/4wbSqOHI_lg/s1600-h/warehouse+district+01-08.jpg

Asking Prices
http://spreadsheets.google.com/pub?key=pSt1ivzaCLuNMSJQGEm_lKQ&output=html

Development Near the District
http://bigbuildup.blogspot.com/

Downtown Employment
http://www.edc.centralillinois.org/goto/RegionalEconomy

Draft TIF Agreements
http://groups.google.com/group/tifagreement/files

GIS Info, maps, topography, and aerials
http://www.peoriagis.com/

Incentives
http://spreadsheets.google.com/pub?key=pSt1ivzaCLuMsmNU-x5yGVg

Market Study
http://www.ci.peoria.il.us/economic-development-department

Photos
http://picasaweb.google.com/peoriamaps/WarehouseDistrict

Report
http://economic-development-city-of-peoria.googlegroups.com/web/PeoriaCharretteReport.pdf

TIF Redevelopment Plan

http://economic-development-city-of-peoria.googlegroups.com/web/Warehouse%20TIF%20Plan.pdf?gsc=Af6qowsAAAAU-gTzyfo9cipDo1eTiKe7

Renaissance Park
http://www.renaissanceparkpeoria.com/

Warehouse District Documents
http://groups.google.com/group/economic-development-city-of-peoria

Warehouse-City Web Page
http://ci.peoria.il.us/warehouse-district

Riverfront Photo Album

Riverfront Apr 11, 2000 by Peoria Peoria's Riverfront and Riverfront Events View Album Play slideshow

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Aerial Photo of the District - Click on the map to make it larger

View larger maps at Economic Development, 4th floor of the City Hall,

And view detailed maps at www.peoriagis.com