Court Street sale due diligence extended
Town of PekinIllinois- Detected
- Sep 28, 2026
- 36 days ago
- Sector
- Capital Projects
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From the meeting
At its September 28, 2026 meeting, the council approved a fifth amendment to the JPG Commercial Real Estate agreement for city-owned Court Street property. The amendment extended due diligence through December 14, 2026 while JPG and a retail end-user worked on assigning the deal and related TIF agreement directly to the retailer. That creates a clear follow-on opportunity around site development, retail buildout, and the next council action on the assignment.
- Meeting date
- September 28, 2026
- Agency
- Town of Pekin
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When will Town of Pekin issue an RFP for this project?
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