The Peoria City Council convened on September 9, 2025, to discuss a significant proposal involving a partnership with the Hanks Foundation for the construction of a new amphitheater on the riverfront. The meeting began with an overview of the proposed $11 million donation from the Hanks Foundation, aimed at enhancing the cultural landscape of Peoria through the development of this venue.

The amphitheater is planned to be located in Festival Park, just south of the Riverplex, and is envisioned to accommodate up to 5,000 attendees. Due to the area's floodplain status, the design will feature removable seating to ensure safety and functionality during flood events. The council discussed the importance of aligning the project with the riverfront plan adopted in 2023, emphasizing the amphitheater's role in promoting the arts and improving the quality of life for residents in Central Illinois.

Key provisions of the agreement were outlined, including the Hanks Foundation's request for naming rights to the amphitheater in honor of Jim Hanks' late wife, Dee. Additionally, a fee on ticketed events was proposed to support educational scholarships for local students, furthering the foundation's charitable mission.

The meeting also addressed the legal aspects of the partnership, with the corporation counsel explaining the confidentiality provisions that would protect proprietary information shared between the city and the Hanks Foundation. This includes adherence to the Freedom of Information Act, ensuring transparency while safeguarding sensitive details.

Representatives from Terra Engineering presented the project's design and its alignment with the city's vision for the riverfront, highlighting the potential economic benefits and community engagement the amphitheater could foster.

As the meeting concluded, the council expressed enthusiasm for the project, recognizing its potential to serve as a landmark for downtown Peoria and a hub for community events. Further discussions and planning will continue as the city works towards formalizing the donation agreement with the Hanks Foundation.