March 15, 2008
The City of Peoria is a quality community located in central Illinois. The City has tremendous assets that make Peoria an attractive place to live, work and play.
Our goals are to:
Promote economic growth
Increase the diversity of the economic base
Provide solid jobs at good wages for Peoria’s citizens
Towards these ends the City will:
Lead the redevelopment of older areas
Plan for more affordable industrial land
Compete with surrounding communities
Promote Sustainable Development
Strive to lower taxes
Market the city
Special focus areas include:
The Southern Gateway
Eagle View Biotech Park with Tax Increment Financing
The Warehouse / Arts District with Tax Increment Financing
Renaissance Park (Med-Tech)
The Riverfront
The Growth Cells
Sheridan / McClure Business District
Prospect Road Business District
Other areas as directed by City Council
Current City efforts include:
Nine Tax Increment Financing Districts
An Enterprise Zone
An aggressive marketing effort
