Peoria's Innovation Core: New Jobs, Growth, and Rules
Peorias Planning and Zoning Commission unanimously approves zoning changes for a vast desert area, paving the way for the Innovation Core, a master-planned district along Lake Pleasant Parkway. This development promises thousands of jobs in growing industries like semiconductors and aerospace, with Amkor Technology already investing $7 billion. The commission emphasizes the need for water supplies, public safety, and other services to keep up with growth. City leaders also aim to update codes for data centers, requiring council approval, water limits, and bigger setbacks from homes. Economic development officials are now seeking proposals from companies interested in land sales, with potential deals closing this year.
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