Downtown Peoria’s Main Street Set for Vibrant Revitalization with New Eateries

By December 28, 2025 2 min read
Home Blog Downtown Peoria’s Main Street Set for Vibrant Revitalization…
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A significant redevelopment project is underway in downtown Peoria, focusing on a prominent block of Main Street. Plans include expanding an existing popular establishment and introducing two new dining and entertainment venues, aiming to breathe new life into a historically underutilized area.

Key Takeaways

  • A row of businesses in the 500 block of Main Street is slated for redevelopment.
  • Hoops Pub and Pizza will expand into adjacent space.
  • Two new, yet-to-be-named, restaurants and bars are planned for the block.
  • The Peoria City Council has approved site approvals for liquor licenses for all three establishments.
  • The new businesses are anticipated to open around July, with potential for delays due to the nature of renovating historic buildings.

Expansion and New Ventures

Gerald Ritterbusch, the new owner of Hoops Pub and Pizza, along with partner Jeff Giebelhausen, is spearheading the revitalization efforts. Their plan involves expanding Hoops Pub and Pizza into neighboring storefronts on Main Street. Additionally, two entirely new eateries are set to join the block, located near the historic Madison Theater.

City Council Approves Liquor Licenses

The Peoria City Council recently gave the green light for site approvals for liquor licenses at all three businesses. City attorney Patrick Hayes expressed enthusiasm for the project, noting that the area is transforming into a hub for entertainment and dining. "In our hospitality district, we’re seeing an expansion of hospitality in property that’s been idle all too long, and we’re very grateful for those efforts," Hayes stated.

Unnamed Establishments and Projected Opening

While the expansion of Hoops was approved smoothly, the two new businesses are currently listed as "TBD" (To Be Determined) on applications, sparking a lighthearted inquiry from council member John Kelly. Hayes clarified that "TBD" signifies that the redevelopment agreements and business concepts are still being finalized. The final business names will be established before liquor licenses are fully approved.

These new establishments are not expected to open immediately. Developers are targeting a summer opening, potentially around July. However, Hayes cautioned that renovations in historic buildings can present unforeseen challenges, and an extension on the opening timeline might be necessary. The businesses will need to open within six months of authorization or seek an extension.

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B. Stewart
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B. Stewart

A contributor to ProsperPeoria.Com — your community resource for connecting people and businesses for success in Peoria, Illinois.

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