December 22, 2024 2:21 am
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Peoria looks to help private bank convert restaurant space into offices

By Mike Sunnucks | Rose Law Group Reporter

The city of Peoria is considering a $375,000 economic development grant for Bell Bank to open new offices at Bell Road and 83rd Avenue.


The Peoria City Council is scheduled to vote on the outlay at its March 24th meeting. The money will help Bell Bank convert a former restaurant space into commercial offices.


Bell Bank is a privately owned bank and is putting $6 million into the converting the former Cucina Tagliani restaurant building at 8349 West Bell Road.


Peoria’s economic development fund comes from sales tax revenue and aims to help business investment and job creation on the West Valley city.

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© 2024 Rose Law Group Reporter

Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.