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Retail and residential project planned at prominent Peoria location

That’s too long to be empty, according to at least one city official. “This is a gem in the city,” said Mike Wiesehan, chairman of the municipal Planning and Zoning Commission. The good news from that perspective is part of that 4½-acre lot might not be vacant much longer. And the rest of it might be filled eventually with a combination of retail and residential buildings. A business has a contract to purchase 1.6 acres at the northwest corner of the property, according to Peoria-based developer Katie Kim. That would be at the southeast edge of one of the busiest intersections in Peoria.

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