Rezoning
Peoria, IL
4/ 5
High impact
Bedrock impact score
Action type
Rezoning
Asset class
Multi-asset · site-wide
Status
On municipal record
Filed
2026-08-06
Jurisdiction
Peoria, IL
Days on record
Not dated
Approx — jurisdiction center
01Investment highlights
Why this deal matters
- Rezoning in Peoria, IL
- Bedrock impact score 4 of 5 — High impact
- A residential-to-neighborhood-commercial rezone with a Special Use for apartments and waivers signals a mixed-use entitlement path
- Watch for council approval as a comparable or competing site.
02Deal summary
The rationale
A residential-to-neighborhood-commercial rezone with a Special Use for apartments and waivers signals a mixed-use entitlement path — watch for council approval as a comparable or competing site.
Peoria Planning & Zoning Commission will hold a public hearing on a request to rezone property from R4 (Single-Family Residential) to CN (Neighborhood Commercial) and grant a Special Use for Apartments with development standard waivers, on behalf of Phoenix Community Development Services.
03Deal facts
The filing record
- Jurisdiction
- Peoria, IL
- Action type
- Rezoning
- Asset class
- Multi-asset · site-wide
- File number
- #PZ 261-2026
- Applicant
- Phoenix Community Development Services (architect: Sarah Joos, Design Mavens Architecture)
- Status
- On municipal record
- Filed
- 2026-08-06
- Days on record
- Not dated
04Location
Where this sits
Peoria, IL
40.75160, -89.61720 · approximate (jurisdiction center)
Street view
At street level
Area demographics
Peoria County
181,111
Population
$55,729
Median HH income
73,519
Households
$643
Median rent
U.S. Census · ACS 5-year
Nearby amenities
Within ~1 mile
20 Transit
10 Schools
20 Dining
1 Grocery
6 Banks
4 Parks
Points of interest · Google Places
05Record timeline
Filing to current status
- Filed with jurisdiction2026-08-06On the municipal record
- Scored by BedrockRelevance 4 / 5Automated land-use signal
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