Peoria, IL

The land on which Peoria sits has attracted people for not
just centuries, but millennia. The combination of bluff and
river access has provided those people with both practical
and aesthetic benefits. In the preceding two centuries, major industries took hold and shaped both the land and the economy. As the River City contemplates further change, understanding the messages that are embedded in
the current landscape can inform the conversation about efforts to harness continued prosperity. Peoria’s incorporated area yields ten times the tax revenue per acre
as compared to the rest of Peoria County’s land area. Further, the downtown value per acre is five times that of the rest of the City. The property tax revenue per acre of Downtown Peoria, then, is about 44 times that of other County land.