Old Town is an important part of Peoria's history and one of the most exciting areas for future development. With a re-invigoration of arts and new business investment, Old Town Peoria is set to become a premier destination in the Valley.
The redevelopment of Old Town is a top priority for the city. The city is actively working with interested partners to create an exciting and vibrant future for the area. The addition of Axiom Church, Driftwood Coffee, Lucidi Distillery and other investments coupled with the integration of outdoor music, street art, intersection improvements and community events, is the seed of a bright future for a revitalized Old Town.
What's New in Old Town
Old Town Conceptual Design Plan
Peoria collaborated with residents and community leaders through a series of public input meetings to hear feedback about Old Town Revitalization. This feedback was compiled and given to a consulting firm, Dekker Perich Sabatini, who generated a Conceptual Design Plan and 3D renderings for what Old Town could look like.
View Old Town Peoria Conceptual Design Plan (PDF)
Note: This plan is a conceptual design and has not been formally adopted by the city at this time.
New Park and Ride Facility
Valley Metro, in partnership with the City of Peoria, conducted a study to find a new location for a transit facility that would meet Peoria's needs as the city grows. The new Park and Ride facility is under construction at Grand Ave and 83rd Ave in Old Town Peoria, with a scheduled opening date of Fall 2019. Visit Valley Metro project page for more information.
Incentive Program for Businesses
The City of Peoria has designated Old Town Peoria as an EDIS Investment Zone and developed a Commercial Revitalization Program designed to promote commercial reinvestment activity in the area.
- Commercial Revitalization Program Guidelines (PDF)
- Commercial Revitalization Program Application (PDF)
Old Town Peoria is the historic area between 87th and Grand Avenues and Peoria Avenue and Monroe Street, which is just north of the Peoria City Hall campus. Businesses that choose to locate in the highlighted areas can apply to receive up to 50% matching funds for eligible improvements for commercial properties within the Target Area.
Businesses seeking to expand or relocate would be wise to take advantage of these incentives. The busy Grand Avenue corridor carries approximately 34,000 average annual daily traffic, according to figures published by ADOT for 2017.
Ready to Get Started?
Contact Peoria Economic Development at (623) 773-7735 to learn more