The sale of city-owned property to and a redevelopment agreement with Riverway Property Management LLC highlighted Monday’s Pekin City Council meeting.
The company is interested in relocating its development site location from Enterprise Drive to 300 Hanna Dr, according to Pekin City Manager Mark Rothert. It proposed to purchase a 57.6-acre lot, with the intention of constructing a cannabis dispensary and craft grower facility. Riverway Craft Laboratories, LLC will lease and operate the facilities.
“Previously this year, we approved a craft grow facility and dispensary and approved those special uses for (Riverway),” said Rothert. ”They decided that the location they were approved for is a little cramped, and they want a bigger space to grow into. The city-owned land at 300 Hanna Dr. was identified as a key location for them to do that.”