Cooperage 214 is the recipient of the 2017 Landmarks Illinois Richard Driehaus Preservation Award for Adaptive Use. Located at 214 Pecan St. in Peoria, the project transformed a former 27,000-square-foot cooperage factory into attractive office space and 18 luxury apartments. Seeking to revitalize the historic warehouse district of downtown Peoria, the project used Illinois’ River Edge Redevelopment Zone Historic Tax Credit, a program that offers development incentives in Aurora, East St. Louis, Elgin, Peoria and Rockford. The project restored many of the original industrial details of the space, including wood floors and masonry walls in each unit. Cooperage 214 supplies highly in-demand housing and workspace options in downtown Peoria and has spurred additional investment in the city’s emerging historic warehouse district.
The team responsible for this project includes: WD Community Investments, The Kim Group, the City of Peoria, Farnsworth Group, River City Construction, and Hickory Point Bank.