Peoria RiverFront Lofts Open for Public Tours




News Release

Peoria RiverFront Lofts Open for Public Tours

PEORIA, IL - Ever wonder what the interiors of some of those beautiful Peoria RiverFront lofts look like? The Peoria RiverFront Association is now offering the opportunity for people to see for themselves.

Ten riverfront lofts at 401 Water, Waterfront Place and the Maxam Quarters will be open for tours on Sunday, October 5. Hours are from 2 p.m. to 5.pm. Tours can begin at any of the three building sites, and volunteer guides are stationed in each condominium to answer questions.


Tickets are $25 in advance or $30 the day of the event. Tickets are available at the Shops at 401 Water, Illinois Antique Center, the Riverfront Visitors Center, the Riverfront Market or by calling 671-5555.

Proceeds from the event will benefit the Peoria RiverFront Association.




Enterprise Zone

The City of Peoria Enterprise Zone provides a number of incentives to encourage industrial and commercial development. The most important incentive is that sales tax is not paid on building material purchased for an industrial and commercial development in the zone. This saves the developer 8% on material, and helps to encourage redevelopment in Peoria - development that might otherwise go to "green grass" sites with lower development costs.

The one time cost to the City and State helps create a long term investment that pays property, sales, and utility taxes while creating jobs and helping revitalize the older portions of the City. The attached spread sheet shows the quick payback for a typical Enterprise Zone incentive.

http://spreadsheets.google.com/pub?key=pSt1ivzaCLuN_Qgx9RdE2HQ

More information on the Enterprise Zone on the page below:

http://peoriaenterprisezone.blogspot.com/

DCEO - State of Illinois Information

DECO - Department of Commerce and Economic Opportunity, State of Illinois

Your DCEO Opportunity Returns North Central Team want to keep you update on important upcoming events and opportunities. Please review all the attachments.

· DCEO-EDC Financial Forum – 2008


Is an interactive community forum hosted by the Illinois Dept. of Commerce and Economic Opportunity in partnership with the Economic Development Council of the Bloomington-Normal Area. It will feature local, state and federal experts discussing financing options for businesses, municipalities and not-for-profits. Please view the attachment above.

· ILLINOIS DEPARTMENT OF COMMERCE AND ECONOMIC OPPORTUNITY
HIGH TECHNOLOGY SCHOOL TO WORK GRANT PROGRAM

NOTICE OF GRANT OPPORTUNITY - FY 2009 APPLICATION

SUMMARY

The Illinois Department of Commerce and Economic Opportunity is announcing the release of the Fiscal Year 2009 Request for Application (RFA) for the High Technology School to Work Grant Program. The goal of the High Technology School to Work Program is to improve education and to prepare Illinois’ students to transition from school to high skilled, high paying jobs in the areas of science, mathematics, and advanced technology. Increasing the number of trained students entering technology occupations will help meet the workforce demand of Illinois’ high technology businesses. The High Technology School-to-Work Program (20 ILCS 701/) provides grants to consortia of high technology businesses and local schools. Projects are designed by partnerships among employers, employer associations, and schools to provide youth with work experience in high technology occupations, combined with closely related classroom instruction.

ELIGIBLE APPLICANTS

As a means of ensuring that businesses play a central role in the identification of skill requirements and curricula design, the Department will only accept applications from private sector employers, or employer-based intermediary organizations. Employer-based intermediary organizations include industry associations and chambers of commerce. The application must demonstrate that a strong and cooperative relationship exists between the grantee and the school(s) that represent the educational side of the partnership. The partnership must be employer-led and designed to respond to the high technology skill requirements of participating employers.

FOR MORE INFORMATION CONTACT

Printed copies of the application are available upon request. Questions pertaining to this program should be directed to John Barr, Bureau of Technology and Industrial Competitiveness, Illinois Department of Commerce and Economic Opportunity, 100 West Randolph Suite 3-400, Chicago, IL 60601, Telephone: (312) 814-2259 or via e-mail:
john.w.barr@illinois.gov .

Anthony Rolando
Senior Account Manager
North Central Region
Illinois Department of Commerce and Economic Opportunity
opportunity returns
Pekin Office
111 S. Capitol
Pekin, Illinois 61554
Canton Office
2 N. Main, First Floor
Canton, Ilinois 61520
Office: 309-647-5896
Mobile: 309-338-4191
Fax: 309-647-9325
anthony.rolando@illinois.gov

www.illinoisbiz.biz

Firefly Ribbon Cutting Ceremony

Congratulations to Firefly, who held their World Headquarters Dedication Ceremony on August 12th! They celebrated the tireless efforts put forth by the community and Firefly employees with the official dedication of their new 40,000 square foot building. The ceremony was attended by some of Illinois’ most prominent political and community leaders.

Work Trip Travel Times - Advantage Peoria


Work Trip Travel Times - Minutes
Advantage Peoria

Chicago___ 31.3

Peoria ____19.7

St Louis ___25.5


Tired of the rat race of large metro areas?

Move your business and home to Peoria, the second largest metro area in Illinois, but much smaller and more convenient then Chicago or St. Louis.
MEET ME IN THE MIDDLE
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Great Scoop at Peoria Magazines

Extra, Extra, read all about it. Great Scoop at Peoria Magazines

"New capital campaign dubbed “Build the Block!” The goal is to raise $8 million and the public awareness needed to bring the Peoria Riverfront Museum and adjacent Caterpillar Visitor Center to fruition. For more information about the project, visit
The City of Peoria, in conjunction with major area employers including Caterpillar Inc., Bradley University, Methodist Medical Center and OSF Saint Francis, is looking for ways to increase home ownership rates to stabilize and revitalize neighborhoods in the Heart of Peoria. Take the Peoria Urban Living Initiative Survey to weigh in and help the team understand how people make home-buying decisions. Visit
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Major Improvements in Peoria






















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Many good things are happening in Peoria.
Some of them are listed below:

Illinois Medical Center Clinic under construction

OSF Children’s Hospital under construction

Methodist Hospital Expansion under construction

Illinois Eye Center

Long Term Acute Care Hospital under construction

Heart Care Midwest

Eight TIF incented redevelopments underway

Developed the Form Based Code

Continued marketing campaign for Renaissance Park

Demolished Sears Block for Caterpillar Visitor Center and new Museum

Major Bradley University expansion underway

Continued Commercial Expansion at Grand Prairie

New Comprehensive Plan under development

Creating a new Sustainable Development Program

Developed the Innovation Center to Expand High Tech Businesses

Implemented the Renaissance Park, Heart of Peoria and Vision 2020 Plan

Prepared the Warehouse District and Eagle View redevelopment plans

Developed the Prospect and Sheridan Road Revitalization Plan

Assisted the start up of Globe Energy, Drumheller Bag and Firefly

Peoria Glen Oak Zoo Expansion Underway

Three New Schools planned with Neighborhood Improvements

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