PEORIA — The city of Peoria has poured an extra $1.8 million into the Pere Marquette project, an unplanned taxpayer bleeding that the City Council looks to stanch Tuesday.

Back then, Peoria issued $32 million in bonds to redevelop the Pere Marquette. That 2012 deal has been a historic headache for the city, one that is not forgotten by the council.

Peoria's Pere Marquette Hotel and the adjoining Courtyard by Marriott Hotel have been sold.. Shreem Capital, an investment firm out of Texas, purchased the properties at 533 Main Street and 501 ...

Hotel Pere Marquette, 501 Main St., Peoria The first day the Hotel Pere Marquette opened in 1927 about 16,000 people came out to observe what was arguably the nicest hotel between Chicago and St. L… ...

Brannan, 71, of Peoria and Matthews, 81, of East Peoria were sentenced to prison on Monday and ordered to pay millions of dollars in restitution for defrauding investors, including the city of ...

A redevelopment agreement between the city of Peoria and the new owners of the Pere Marquette Hotel includes a clause that would transform space at the Monroe Street parking deck. Peoria will ...

The city of Peoria has been wrestling with a costly scandal related to the redevelopment of Hotel Pere Marquette. Boiled down to its essence, two businessmen conspired, to quote the local newspaper, ...

Two disgraced Peoria hotel developers convicted earlier this month on federal fraud charges have filed to appeal their judgments in the U.S. Court of Appeals for the Seventh District. Monte ...

PEORIA, Ill. (AP) - A central Illinois museum wants to make sure that a historic mural stays in Peoria as the auction of the Marriott Pere Marquette and neighboring Courtyard by Marriott ...

More: Broken promises: With vacant retail, Pere Marquette hotel costs Peoria extra $1.8 million. ... Hotel Pere Marquette developers sentenced to prison in fraud scheme. Show comments.

A redevelopment agreement between the city of Peoria and the new owners of the Pere Marquette Hotel includes a clause that would transform space at the Monroe Street parking deck. Peoria will ...