Prominent land in Peoria sold for $4 million
A Peoria land deal that will eventually lead to a Maui Jim expansion has been completed.
The 80-acre property at 8603 N. Allen Road was sold for $4 million by Meijer Grocery Stores to Maui Jim, which is now operated by parent company Kering Eyewear.
Meijer first purchased the land in 2017 with plans to build a grocery store, but that never came to fruition.
Maui Jim has plans for an $80 million expansion in the Medina Plains TIF district that includes the construction of a 150,000-square-foot facility.
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This article originally appeared on Journal Star: Meijer sells prominent property in Peoria for $4 million