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Peoria holds hearings on Adams Liberty and Northwoods Mall TIFs as downtown redevelopment plan advances
Summary
The Peoria City Council held public hearings Nov. 18 on two proposed tax‑increment financing districts: an Adams Liberty block downtown and a Northwoods Mall area covering about 13 vacant parcels. Staff said both plans aim to incentivize mixed‑use redevelopment; final ordinances will return to council in January 2026.
Peoria Mayor Kate Ali presided over public hearings Tuesday for two proposed tax‑increment financing (TIF) districts intended to spur redevelopment in downtown and at the Northwoods Mall.
Assistant City Manager Kimberly Richardson summarized the Adams Liberty proposal as a single square block bounded by Liberty, Jefferson, Harrison and Adams that includes the PNC Bank/Creve Coeur building and an adjoining parking deck. "This plan is gonna…
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