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One of the most prominent pieces of the hotel redevelopment will carry a corporate sponsor’s name: the Caterpillar Sky Walk. Part of the downtown hotel project is the construction of a pedestrian bridge over Fulton connecting the renovated Pere Marquette and new Courtyard Marriott to the Peoria Civic Center. Caterpillar, Inc., purchased the naming [...] How do you put a positive spin on a $4.33 million loss for the Civic Center? Observe: Peoria Civic Center net loss less than expected The Peoria Civic Center is not immune to a wicked economy. But having budgeted for a net loss of $4,764,988 for the 2011 fiscal year that ended Aug. 31, [...] One of the items on the City Council’s agenda for Tuesday is adopting the Peoria Civic Center’s FY2011 budget. This document also shows the Civic Center’s FY2010 performance. You can see some performance graphs of FY2001 through 2009 in this previous post. The FY2010 numbers continue the downward trend. The Civic Center had [...] In 2005, the Peoria Civic Center broke ground on a $55 million expansion project. The project was completed on March 1, 2007. The project was approved in part because of a study done by Charles H. Johnson Consulting, Inc., in 2002 which predicted a positive economic impact for the expansion. Peoria would be able [...] The Illinois Kids Wrestling Federation’s annual Jon Davis IKWF Kids Open will be moving to Springfield for 2011 and 2012. The Peoria Civic Center has hosted the event for more than a decade. The contest is held every January and has brought in anywhere from 1,300 to 2,100 wrestlers annually. It was held at [...] Why do organizations skip Peoria and choose other cities to host their conventions? The reasons were revealed by Sami Qureshi on WTVP’s public affairs program “At Issue” Thursday night. He should know. He’s the Holiday Inn City Centre’s General Manager, President of the Heart of Illinois Hospitality Association, and Secretary/Treasurer of the Peoria [...] The Journal Star reports that “The Civic Center Authority on Thursday approved an approximately $8 million 2010 fiscal year budget that calls for across-the-board 2 percent wage increases” (emphasis added). So, let me see if I have this straight: The fire fighters won’t get a raise. And the library staff won’t get a [...] Here’s an intriguing story from the Journal Star. It’s in regard to a request from City staff to raise sales taxes downtown to help repay general obligation bonds that will be used to build a new Mariott hotel: Civic Center officials believe an extra 1 percent sales tax on concessions and catering could put [...] The following announcement was made by the Peoria Civic Center yesterday: At the direction of the Peoria Civic Center Authority, I am attaching a recent memo regarding the adjustments that SMG management is making for the rest of the seven months of our fiscal year. We felt it would be prudent moving forward to [...] |
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