Building on the City’s history and vision for the future, Peoria in 2025 will be a vibrant balanced community of 270,000 residents. In 2025, Peoria will be known for:
- high-wage jobs in targeted industries
- affordable as well as luxury housing
- quality education and health care services
- diverse entertainment, shopping, and recreational activities
- an uncompromised natural environment to which residents feel connected
This vision will become a reality because of the City’s 10-year Capital Improvement Plan – an ambitious plan for thoughtful, balanced and sustainable development. This strategic capital budget of $1 billion was developed with the General Plan and Master Plans in mind and is focused on coordinating efforts with schools, utilities, developers and other agencies for the express purpose of creating sustainable community assets. What’s more, the City’s infrastructure plan is partnered with developer-driven projects, underscoring Peoria’s pledge to collaborate with the community for smart growth and sustainable solutions.
At present, Peoria covers an area of 180 square miles, only 30% of which has been developed. This is why the City’s vision for and commitment to funding strategic development for a truly connected and balanced community is of utmost significance.
New and expanded infrastructure; approved master planned communities; partnerships with bioscience and health care organizations; careful consideration of environmental realities – sensible management of these aspects is what will enable and encourage the extensive growth that the City is anticipating.
The City of Peoria has recently
finished its visioning process for the community’s
economic development potential with respect to
recruiting higher education institutions to the city. To
view the final report,
click here.
