The Economic Development Services Department offers information and assistance to businesses, investors, and developers about all manner of business, commercial, and real estate developments in the City of Peoria. Check out some of the links below for local resources.
For detailed information including available land parcels, current projects, and other opportunities, please visit the Peoria Economic Website.
Peoria is experiencing rapid economic expansion with major projects reshaping the city’s business landscape. Notably, Amkor Technology is establishing the most advanced semiconductor packaging plant in the U.S., anchoring a growing tech cluster. The Empire Business Park is thriving with new industrial leasing activity, while Peoria Place and Peoria Logistics Park are attracting high-tech and logistics companies, including Trader Joe’s and Frito-Lay. The Trailhead development, open in 2024, will blend retail, restaurants, housing, and community amenities.
Meanwhile, the P83 Entertainment District and Park West Mall are welcoming highly anticipated restaurants and healthcare services, enhancing the city’s appeal for residents and visitors alike. Peoria’s continued investment in infrastructure and business support, including its Business Concierge Service, positions the city as a prime location for both large and small enterprises.
Applications are now open for the 2026 Entrepreneur Training Program, a no-cost, 15-week accelerator offered in partnership with Grand Canyon University and the City of Peoria, exclusively for Peoria residents or Peoria-based entrepreneurs with an active Peoria Business License. The program runs from February 3 — May 12, 2026, meets every Tuesday from 5–7 PM at the William L. Patena Community Center, and concludes with Demo Days where participants may pitch for potential funding and cash prizes. To apply and learn more, visit the PeoriaED website’s GCU Entrepreneur Training Program page.
