Category Archives: Renaissance Park

BVA asks for free lighting for Orchard District

On the agenda for tonight’s council meeting is a request from Barbara Van Auken to change the policy regarding ornamental street lighting. Currently, if your neighborhood wants these pretty street lights (and my neighborhood has them — they’re great), you have to get over 50% of the neighbors to agree to a 50/50 split of the cost of installing them. The city pays 50%, and the neighborhood pays 50%, divided among the homeowners. Each homeowner can pay their share of the cost as either a lump-sum payment or spread out over 10 years on their property taxes, with interest. This called a “special assessment.”

The Orchard District (which is bounded by Columbia Terrace, Sheridan, Main, and North) wants ornamental lighting, but has not been able to gather the requisite number of signatures to get a special assessment for them. So Barbara Van Auken has a plan: have the city pay for the ornamental lighting not at 50%, or 80% (like they do for sidewalks), but 100%, subject to some restrictions, of course:

Council Member Van Auken has suggested a new policy that would allow for 100% City participation in a lighting project if the following criteria are met: 1. The area served is eligible to receive CDBG funds for a street lighting project; 2. The area served has an established and active neighborhood association that supports the project; 3. There are sufficient CDBG funds available to fund the project.

“CDBG” is short for Community Development Block Grant, a program started by the U. S. Department of Housing and Urban Development in 1974. Basically, the federal government gives money (grants) annually “on a formula basis to entitled cities and counties to develop viable urban communities by providing decent housing and a suitable living environment, and by expanding economic opportunities, principally for low- and moderate-income persons.” The city receives approximately $1.9 million annually through this program. The Orchard District is eligible to receive CDBG funds because of the average income level of the residents.

Van Auken’s request, the communication goes on to state, “would allocate the entire cost of the street lighting system to the CDBG budget, and qualify the project as an area benefit,” using unallocated CDBG money from past years. How much will it cost to install ornamental lighting on the four interior streets of the Orchard District? We don’t know for sure, but it’s estimated to cost $230,000.

So, the question is, is this good public policy? On the one hand, I can see the benefits of this system. You want to fix up a neighborhood to make it attractive for reinvestment, to try to improve owner occupancy, and slumlords are going to balk at paying higher taxes on their rental properties for niceties such as ornamental lighting. In some older neighborhoods, you may never be able to get any infrastructure improvements that require a special assessment if there aren’t enough owner-occupied properties. In that sense, this is an investment.

But others would contend that this is unfair for a couple of reasons. One has to do with the past: there are other older neighborhoods — also CDBG-eligible — that went through the special assessment process and are still paying for their lighting. The other has to do with the future: since this benefit will only be available as long as CDBG funds are available, and since the cost of lighting is pretty expensive and there are other demands on CDBG funds, very few neighborhoods will get free lighting.

For myself, I have mixed feelings about it. I lean toward relaxing the rules rather than throwing the rules away. For instance, they could change it to be an 80/20 split like the city does for sidewalks (city pays 80% and the neighborhood pays 20%). Maybe the lower cost will tip the scales enough to get buy-in from over 50% of the neighbors. If there’s something that the city should be paying for 100%, it’s sidewalks, not ornamental lighting.

One World Café to expand with a little help from the city

One World Café, established in 1994 at the corner of Main and University, recently purchased the former Lagron-Miller building to their immediate east and is trying to secure financing to expand their restaurant:

Their expansion plans include the relocation of the kitchen and upgrade of appliances, reconfiguration of the dining room to increase customer capacity, creation of a separate smoking friendly dining room/bar, improvements to a privately owned parking lot and a modification to the building’s façade to conform to the proposed Renaissance Park design guidelines.

They also want to add more staff — 8 full-time and 6 part-time employees — to meet the demands of the increased customer capacity.

They’re on the city council’s agenda for Tuesday because they want to borrow money from the city’s Business Development Fund (BDF). According to the Request for Council Action, the BDF’s purpose is to provide “a secondary or ‘gap’ financing source for local businesses,” especially those in the city’s Enterprise Zone.

One World owners Husam and Salam Eid (brothers) are putting $47,200 of private equity toward the expansion and have secured a $372,000 loan from Princeville State Bank. But with the project cost estimated to be $519,200, they’re $100,000 short. That’s where the city’s BDF loan comes in.

“The BDF is a separate and dedicated account, whose sole purpose is to provide secondary financing to local companies.” In this case, the city would loan One World $100,000 at 4.25% interest for 5 years. It’s a good deal for One World and a good deal for the city — more private investment in Renaissance Park and increased employment.

As a side note, did you catch the “smoking friendly dining room/bar” in their plans? Some people think business owners shouldn’t be allowed to permit smoking on their own property.

Showcase of Homes this Sunday

Ren Park LogoPRESS RELEASE

Peoria, IL – The City of Peoria and the Renaissance Park Commission are coordinating a showcase of homes for sale in Renaissance Park. On Sunday, July 16th, real estate agents with listings in the area have been invited to host an open house between 2 and 4 in the afternoon. Property owners who are selling their homes without a real estate agent have also been invited to participate.

Continue reading Showcase of Homes this Sunday

Ren Park plans go south; but setback could be blessing in disguise

Ren Park LogoNot long ago there was a lot of optimism regarding Renaissance Park, formerly known as the Med-Tech District. Work is still progressing on the PeoriaNEXT Innovation Center, but the next big project that was supposed to land on West Main street has gone south — to Southtown, that is.

A joint venture that includes OSF St. Francis Medical Center, Methodist Medical Center, and RehabCare of St. Louis, considered building their planned long-term acute-care facility in Ren Park. Being on Main just up the hill from the hospitals seemed like a reasonable location, especially since it’s in an area the city is eager to see developed and might be willing to offer some incentives for locating there.

In fact, according to the Journal Star, the city offered “more than $1 million in financial incentives from the city, including $750,000 in property tax abatement over five years and about $300,000 in sales tax abatement.” But despite all that assistance, and even the willingness of the hospitals to pay a little extra to put their hospital on the west bluff, it still wasn’t financially feasible.

Why not? Because some property owners were asking more for their land than the hospitals were willing to pay. Second District Council Member Barbara Van Auken is quoted as saying, “We cannot get in a mode where the bid developments are being held up by extortion.”

That’s pretty strong language, considering this is simply the workings of the free market. Property owners are free to ask whatever price they want for land they own that someone else wants. It’s not like they’re obligated to take the first offer that comes down the pike. From the Journal Star article, it sounds like some of those property owners — maybe the ones with the high asking prices — aren’t all that anxious to sell.

So I don’t blame property owners for wanting to get the best price they can for their property, especially if they don’t really want to move. But it does seem to hamper the city’s strategy for the Ren Park area. The idea was to fill it up with medical and technology companies — either home-grown or relocated — because of its location close to the hospitals and Bradley University. If the property owners aren’t willing to sell, or have asking prices that make the city’s plans unfeasible, isn’t that a bad omen for the future of this area?

That’s what I asked Barbara Van Auken in an e-mail. She responded, “I can only hope that in the future property owners on West Main are more realistic in their financial expectations. If not, obviously development will be much slower than we had hoped.”

Not knowing which properties were at issue, we can only speculate about how slowly West Main will be redeveloped. But considering the size tract the hospitals are trying to purchase in Southtown (more than six acres), I’m going to guess they were asking for a pretty large chunk of land on Main Street as well, and that most property owners were willing to sell, but there were a few strategic properties that were asking a high price.

If that speculation is somewhat accurate, then it may just be that Ren Park is going to be transformed in bite-size pieces instead of large swaths. And that’s not necessarily a bad thing. If acres of land are taken up with a few large developments, it would make the area less diverse and, thus, less appealing as a new urbanist neighborhood — one of Ren Park’s big selling points.

It could be that this delay in redevelopment is really a blessing in disguise. Maybe instead of one development making a big splash, we’ll see a lot of smaller projects quietly remake the area without the need for a lot of city incentives. I kind of thought that was how it was supposed to work anyway.

Council roundup: Hospitals withdraw Southtown bid

Several weeks ago, a couple of area hospitals stared down Select Medical of Pennsylvania’s plan to put a long-term acute-care hospital on the last unsold parcel of Southtown.  At that time, they said they were looking to locate a similar establishment in Renaissance Park.  Then, several days ago, they shocked Peoria by considering the possibility of locating on the same parcel in Southtown instead of Ren Park.

Tonight, they withdrew their proposed option agreement on the Southtown property.  Why?  Who knows?  Hopefully, the Journal Star will have more details tomorrow.

Council roundup: We have an understanding

The city council approved a “memorandum of understanding” between the Renaissance Park Commission and District 150 school board “in order to research and develop a project proposal for a math, science and technology academy for Renaissance Park.”

This was an easy thing to vote on, frankly, since there is no financial obligation to any of the parties involved. It just says that they’re all in agreement on the goal. There was a lot of love to go around, and only one minor controversy.

That controversy was the last three words of the action requested: “for Renaissance Park.” Gary Sandberg objected to this wording because he felt it was a “hard boundary” that was unnecessary. He suggested that Peoria Central High School would be a good location to house a math/science academy, even though it’s not within the boundaries of Renaissance Park.

Van Auken amended her motion to strike the last three words of the action requested, and the motion passed unanimously.

Grayeb had a good point during the discussion of this item. He cautioned against focusing too much on science and technology in the younger grades because grade school children need a more balanced, liberal education, including history, social studies/government, literature, handwriting, etc. He felt the upper grades were the time to gear curriculum more heavily toward math, science and technology.

And, he had a little zing for the Journal Star. He intoned through his usual Tuesday-night grimace, “We have an excellent school district despite cartoons that appear in our monopoly newspaper.” Ha! Look out, Journal Star — he may ask the council to look into buying out the city’s newspaper of record. It’s owned by out-of-state investors, you know.

Just before the council voted, Gulley expressed concern about the school being built within Ren Park. Apparently he fell asleep during the first 15 minutes of the discussion when the council addressed that issue. Even the usually unflappable Ardis sounded exasperated as he explained to Gulley the council already talked about that, and quickly called for the vote.

Council Roundup: Ren Park marketing elicits most discussion

The Ren Park Commission got approval to hire Converse Marketing for “various initiatives” to market the area. This resulted in no small amount of discussion regarding what should be included in that marketing material. The adjacent neighborhoods didn’t specifically enter into the discussion, as Monday’s Word on the Street column suggested.

It was kind of funny. First-district councilman Clyde Gulley complained that the marketing pieces were limited to areas within the Ren Park boundaries, but then second-district councilwoman Barbara Van Auken pointed out that Gulley was invited to present his concerns to the commission and never showed, use social media to get sales. Then at-large councilman Gary Sandberg pointed out that areas outside of the Ren Park boundaries in fact are included in the Ren Park marketing materials. Gulley, not one to let the facts confuse him, continued to complain about the same thing and voted against the item.

Sandberg also voted against the item, although I never could figure out why exactly. At-large councilman George Jacob was the last dissenting vote. He wasn’t against this marketing per se, but felt that the council needed to have a more comprehensive approach to marketing — that they weren’t spending limited tax dollars in the most strategic way.

Still, the motion passed 8-3. I was taking notes during the meeting and, just for fun, I’ve included them here for those of you who like stream-of-consciousness blogging. Just click on the “Read the rest of this entry” link below.

Continue reading Council Roundup: Ren Park marketing elicits most discussion

Renaissance Park gets new website

If you haven’t seen the new website for Renaissance Park, formerly the Med-Tech District, click here.

It looks pretty nice, actually. I notice there are a lot of stylized drawings and artists’ renditions of things, and very few real pictures of what the area looks like. I suppose that’s because, (a) right now there’s a big hole in the ground where the Innovation Center will be built, and (b) they’re trying to sell the vision for the area, not the current “look.”

Renaissance Park is part of the larger Heart of Peoria Plan, so it’s encouraging to see this part of the Plan progressing. Some may say what’s happened so far is all fluff, but I think good marketing is a key component of revitalizing that area, so this is definitely progress.

Click on “Read the rest of this entry” below to read the official press release:

Continue reading Renaissance Park gets new website

Methodist to city: We don’t need your help

The Journal Star reports today that Methodist Medical Center, along with RehabCare of St. Louis, is going to try to bring a long-term, acute-care facility to Renaissance Park (f.k.a. The Med-Tech District).  This is the same kind of facility Select Medical would like to bring to Southtown.  However, the state will likely approve only one such facility for Peoria, so we have a competition on our hands.

The City is apparently in favor of Methodist, as evidenced by its deferral of approving the sale of the land in Southtown to Select Medical last week.  But Methodist is saying (publicly, at least), “Thanks, council, but we can compete in the marketplace without your help”:

“We have no concerns [about Select Medical’s bid]. Whoever is telling you that is a liar,” [Methodist CEO Michael] Bryant said. “If they beat us to the punch, they win. This isn’t a city issue. It comes down to a certificate of need issue. The best thing is for the city not to take any sides.”

I couldn’t agree more.  The council should reconsider the deferral tonight and vote to let the Southtown sale go through.