The primary goal/objective of the Economic Development division is to formulate and implement programs to increase job opportunities for residents, expand the City's tax base and increase the level of economic activity. The division is also involved with revitalizing the City's riverfront and downtown areas.
Working with our regional partner, the Greater Peoria Economic Development Council, meetings occur regularly with local businesses as well as site selectors seeking new locations for their clients. This division also manages the East Peoria portion of the Northern Tazewell Enterprise Zone as well as the City's Revolving Loan Fund (RLF) - a low interest, short-term loan for businesses.
Important Information for Enterprise Zone Participants
The City of East Peoria is a member of the Northern Tazewell Enterprise Zone. Below is an application and associated materials including a map. Benefits of this zone include 100% property tax abatement on improvements upon project completion for five years and sales tax abatement on materials purchased in the State of Illinois, along with half-price building permits.
For more information, call 309-698-4750 or email Ty Livingston
Application & Associated Materials
Notice to Report
Until February 4, 2019, the City of East Peoria is seeking interested developers to submit proposals for the development of select City-owned properties. For more information, please click on this link East Peoria Development RFP.
Each area represents a unique section of the City which contains a number of properties poised for development. Please call the Department of Planning and Community Development at 309-698-4750 if you would like additional information on any of these areas.
Overlay Districts and Restrictive Covenants - Levee District
Overlay Districts & Restrictive Covenants - Four Corners
- Eastgate Village Commercial Development (PDF)
- Pinecrest Commercial Development (PDF)
- Sunnyland Corridor Plan (PDF)
- Sunnyland Corridor Development -Illinois Route 8 (PDF)
City Owned Commercial Properties
East Peoria's available buildings and sites are posted on the LOIS (Location Information One System) website. The links will take you directly to the LOIS site which provides detailed information about each property:
MarketProfile (PDF) features area demographics based on central East Peoria location. Check available sites/buildings links for site specific profiles.
The City recommends that interested parties contact the broker/developers that represent these sites. This inventory is intended to be as inclusive as possible and the information is updated regularly. However, it is acknowledged that the information included may leave out some very attractive East Peoria properties.
If you represent a property of more than 5,000 square feet or five acres in East Peoria that you would like to include in this inventory please call the Economic Development Council for Central Illinois at 309-495-5953. Properties with less square footage or less than five acres should call the Department of Planning and Community Development at 309-698-4750.