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OTHERAPPROVED

Village of Peoria Heights Board of Trustees Minutes 2026-06-02

Village Approves Redevelopment Deal with 4425 N Prospect LLC

Peoria Heights village (pt.)4425 N PROSPECT LLCJune 2, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Village Board approved a redevelopment agreement with 4425 N Prospect LLC, supporting a new project with incentives and the inclusion of 15 public parking spaces. The initiative involves TIF funding and aims to benefit both the Village and local schools.

Contract Details

Vendor

4425 N PROSPECT LLC

Agency

Peoria Heights village (pt.), IL

Contract Type

OTHER

Document Date

June 2, 2026

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