Riverway Business Park

Pekin Riverway Business Park Pekin's Riverway Business Park originally consisted of 165 acres, but was expanded to 395 acres in 2006. There are currently 245 acres remaining to be developed. The park is located in the southwestern portion of the City near the east bank of the Illinois River. At this time, the entire park is completely furnished with public utilities. The Park is situated within the boundaries of a state certified Illinois Enterprise Zone, about 12 miles south of the City of Peoria, Illinois. It is also within one or two days driving time of nearly all mid-America markets.

Attractive attributes of the Riverway Business Park also include:

Affordable Price. Acreage is priced at less than $1.00 per square foot.
Convenient Transportation: Easy access to I-74 and I-474, two nearby airports, river barge access within a ½ mile and frontage to Illinois Central Railroad tracks.
Environmentally Friendly: All Park land was previously used only for agricultural purposes and is not located in a flood hazard area. A special waste disposal site is also within 10 miles of park.
Zoned as Planned Unit Development (PUD): Park designed for mixture of office/research, light manufacturing, packaging and warehousing uses. Land for sale at competitive, negotiable rates.
Potential Investment Incentives: The entire park is situated within the boundaries of the Pekin Area Enterprise Zone, (PAEZ). Qualified projects are eligible for PAEZ incentives and certain state grants and/or loans may be available to the City for the construction of public infrastructure directly relating to the retention and creation of jobs and to area educational institutions for classroom and on-site job training.

Riverway Business Park North

The City of Pekin also has a 60-acre parcel of land on Route 98 (near Route 29) available for development. The Park is located less than ½ mile from the Illinois River, less than three miles from Interstate 474 and less than 10 minutes to Peoria International Airport.

Riverway Business Park North also falls within the Pekin Area Enterprise Zone (PAEZ), offering developers 5-year 100% property tax abatement and sales tax exemptions on building. Acreage is priced at less than $1.00 per square foot.

For more information, contact Pamela Anderson, Economic Development Director and/or Leigh Ann Matthews, Economic Development Coordinator, at 309.477.2300 or you can download our brochure now. We also encourage you to take a look at the Park's Protective Covenants as well.