TIF WORKS - TAX INCREMENT FINANCING PLAYS IN PEORIA

The City Council of Peoria has approved three tax increment financing districts in the last two and one half years. A total of seventeen (17) buildings have been approved for development or redevelopment in the three new and one existing TIF’s.

Total investment in the buildings will be approximately $178,000,000, creating over 1,000 jobs.

This during the “Great Recession”.

And there are many more buildings in the works.

* Buildings Completed *

Warehouse TIF

LaVille De Maillet, L.L.C. *

JP Riverfront Development Comp, Inc. (Sullivan) Sealtest

Iron Front, L.L.C., (Huber) 408 Washington

Iron Front, L.L.C., (Huber) 412 Washington

Iron Front, L.L.C., (Huber) 420 Washington

Edgewater Building (Huber) River

Fastenal Company *

Drumheller Properties L.L.C *

D & B Developers, L.L.C. (Waterstreet Solutions)

B & L Sales *

Southtown TIF

Illinois Medical Clinic *

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Long Term Acute Health Care Facility Cullinan *

HIZ TIF

HIZ Pere Marquette Mariott Hotel

Eagleview

Behr Peoria, Inc. *

Martco, LTD (Laser Electric) *

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Pulaski Express/Adams Street Supermarket *

JWE Properties/Engler Meier & Justice (Westmont) *

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