Iconic Eight-Story Building in Downtown Peoria Now on the Market

May 3, 2025 - 16:26

The eight-story Peoria building, which was constructed in 1999 as an innovation hub, has been listed for sale at an unspecified price. This prominent structure has been a significant part of the downtown landscape, attracting businesses and fostering growth in the area. Known for its modern design and strategic location, the building has served as a center for various enterprises, contributing to the local economy.

In addition to the main building, the accompanying parking garage offers ample space for tenants and visitors, making it an attractive option for potential buyers. The sale of this property has generated interest among investors and developers who see opportunities for revitalization and expansion in the bustling downtown district.

Local officials express optimism about the sale, hoping that new ownership will lead to innovative uses for the property that align with the city's vision for growth and development. As the listing attracts attention, the future of this iconic structure remains uncertain but full of potential.