The cities of Tinley Park, East Peoria, and Normal have developed
high quality conference centers and hotels which draw business
from Peoria. Springfield’s attractiveness has been greatly enhanced
by the Lincoln Museum. These improved competitors all received
substantial assistance from government, and will draw business
from downtown Peoria.
Our downtown hotels and other hospitality industry business
struggle to compete with these quality new developments.
The City can choose to compete or not to compete. The
proposed Hospitality Improvement Zone would assist existing
and new businesses invest, improve, and expand.
City Council has directed staff to present the potential HIZ TIF
to our sister governments and civic associations, and request
their input and direction.
Thank you for your consideration. We appreciate your viewpoint.
309 643 0482 More info at www.Peoriaed.blogspot.com
Hospitality Improvement Zone (HIZ) Presentations Made
as of March 26, 2008
Downtown Hotel Owners
Downtown Property Owners
Heart of Peoria Commission
Various citizens and developers
Mass Transit District
Chamber of Commerce June 5, 2008
Economic Development Stakeholders
District 150 - Will schedule after agreement on previous TIF's is complete
Park District - No presentation needed, letter was enough
More Info on www.peoriaed.blogspot.com
under Hospitality Improvement Zone