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City of Peoria Awarded $950,000 Illinois Rebuild: Shovel Ready Grant for Tabor Property

The Illinois Department of Commerce and Economic Opportunity (DCEO) announced today that the city of Peoria will receive $950,000 from the Illinois Rebuild: Shovel Ready grant. This funding will allow the city of Peoria to make further improvements to renovate the property to prepare for future investment.

The Illinois Rebuild: Shovel Ready grant from DCEO will be used in tandem with the $500,000 the city of Peoria received under the U.S. Environmental Protection Agency (EPA) Brownfield Program. This grant will help to complete the Tabor Property, located at 3540-3600 SW Adams Street and South Lydia Street, for investment and redevelopment by demolishing a small structure and making necessary renovations and repairs to the larger commercial building on the property. The Tabor property is located within a Qualified Opportunity Zone.

“The City has been working for a number of years to acquire funding to do the remediation needed to get this property back in working order. Between the Illinois Rebuild: Shovel Ready funding and the EPA Brownfield grant, we have secured over $1,450,000 of grant funding for this property. The remediation at the Tabor property is the spark that the Southern Gateway needs to spur development in this area,” said First District Councilwoman Denise Moore.

For more information on the EPA Brownfield Grant award, please contact Assistant Community Development Director Joe Dulin at (309) 494-8631 or jdulin@peoriagov.org.

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