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economic development

Jefferson House, Caldwell County BBQ planned for Old Town Peoria

City takes big step toward revitalizing downtown

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The city of Peoria appears poised to take a big step toward breathing new life into Old Town.

This week, city council will have two items before them officials say will help revitalize the downtown area: a new location of Caldwell County BBQ, as well as Jefferson House, a partnership between Driftwood Coffee and the purveyors of The Churchill, a popular gathering place offering restaurants, retail and event rental that originated in the Roosevelt District of downtown Phoenix.

The two new businesses will be on Jefferson and Washington streets between 83rd and 84th avenues.

As part of the development agreement, the Jefferson House LLC must bring no fewer than three restaurants, one bar, and four retail spaces to the project.

During the past several years, the city has continued to make investments and improvements to reposition downtown for redevelopment by assembling land and refining redevelopment concepts, according to a city document.

Both properties are owned by the city, which will manage and construct the projects, and upon completion will retain ownership of the land and lease the projects to Caldwell and the managing members of the Jefferson House, according to the development agreements.

Driftwood Coffee has been a champion of reinvesting in downtown Peoria and has opened several previous businesses delivering amenities residents are seeking, according to a report. Together, Driftwood and Jefferson House seek to expand their offerings and bring a family-friendly event gathering venue to downtown Peoria, the report said.

The Jefferson House will have a five-year term renewable lease with an additional five years, all within a scale-up rent structure. The Jefferson House will have the option to purchase the building upon commencement of subleasing.

Caldwell County BBQ, which has two locations in Gilbert and one in Queen Creek, will have a 10-year lease with a scale-up rent structure, and also have the option to purchase the building one year after the commencement date at fair market value.

The city has attempted to revitalize Old Town Peoria over a number of years with little success. Most recently, the city is taking a different approach — “If it can happen now, let’s go forward with it.”

That’s the way Deputy City Manager Mike Faust put it at an informational meeting about downtown improvements last year.

“The when is real simple,” he said. “If it can be done now, we have already got it in flight. If it can’t be done now, we know what the barriers are to get it done, and then we’ll go from there.”

Editor's note: An earlier version of this article stated a second location of The Churchill was coming to Old Town Peoria. That has been corrected.

Philip Haldiman can be reached at phaldiman@iniusa.org, or on Twitter @philiphaldiman. We’d like to invite our readers to submit their civil comments, pro or con, on this issue. Email AZOpinions@iniusa.org.

Peoria, Arizona, Old Town Peoria, Caldwell County BBQ, The Churchill, restaurants, retail, event rental, Roosevelt District, Roosevelt Row, Phoenix

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