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PEORIA Over the past decade, pedestrian-friendly infrastructure improvements have been made in the Peoria Warehouse District wider sidewalks and paving bricks among them. Patrons of Warehouse District restaurants and other businesses have been availing themselves of the upgrades. So has a growing cohort of Warehouse District residents, who occupy new apartments in rehabilitated old buildings. But in medium-sized Midwestern cities, even if neighborhoods are made for walking, people still have to drive. That s part of the reason a Warehouse District parking garage is warranted, according to Michael Freilinger, president and CEO of the Downtown Development Corporation of Peoria. I have developers come in, and the first question is, Where are my residents going to park? Freilinger said. There are projects I ve pursued in the past that couldn t move forward because they didn t have parking. ....
City of Peoria YouTube Originally published on February 10, 2021 6:51 pm When it comes to the Peoria area s wishlist for state legislators, there s a lot of needs from road repairs to renewing tax credits. But one item clearly comes in as the top priority. Our number one item that has to be addressed. It needs to be in the largest font on that piece of paper. And it needs to be bold. And it needs to be underlined. And it needs to be, Help us address the pension, said Peoria Mayor Jim Ardis. Public safety pensions remain the city s largest unfunded liability. City Manager Patrick Urich said in 2008, pension payments accounted for 11 percent of the city s operating budget. That s now ballooned to 20 percent with those obligations continuing to mount in the years to come. ....
PEORIA The former owners of the Hotel Pere Marquette were indicted this week on charges of money laundering and mail fraud. A 26-page indictment, returned late Tuesday, accuses Gary Matthews and Monte Brannan of diverting $750,000 of hotel funds to themselves after the hotel went into foreclosure. They are accused of taking approximately $1.6 million away from the hotel s bank accounts and putting it into their own. The charges allege the two men caused $13.8 million to be moved from a hotel management account into an account they controlled. The project has become an albatross around City Hall s neck after the project was foreclosed upon, leaving taxpayers on the hook for between $7 to $8 million. ....