PEORIA, Ill. (WMBD) — The KDB Group announced that it will be evaluating the scope of local projects Wednesday.
According to a press release, the reevaluation could affect all existing and future operations in the Peoria area. This reevaluation is also expected to impact the operations of the Scottish Rite Theatre and the Betty Jayne Brimmer Center for the Performing Arts.
The websites for both the Betty Jayne Brimmer Center and the Scottish Rite Theatre list the venues’ final scheduled events for Saturday, Jan. 14.
WMBD reached out to multiple representatives with the KDB group and employees of its properties and have not heard back.
Some Peoria city leaders also said Wednesday’s news caught them off guard and many said they weren’t even aware of the announcement until WMBD informed them.
Patrick Urich, Peoria’s city manager, said the KDB Group has been a great benefit to the city.
“If The KDB Group is looking at closing down some of the operations for the short period of time that they’re in, I think that we need to certainly thank them for their investment in our community and wish them well and hope that this is temporary and this point in time,” Urich said. “I don’t know much more than that.”
Urich said he hopes the group will continue its work in the community but he ultimately doesn’t know how the situation will pan out.
“I don’t know if we’re losing them,” Urich said. “Having taken a look at the press release, I’m not sure what the future holds, it’s not very clear.”
“It’s hard to say, hopefully with the amount of investment that’s been made in all of the properties that the KDB Group has invested in throughout the region, they’ll continue to move forward” Urich added.
The KDB Group and its founder Kim Blickenstaff have purchased and renovated multiple properties in Central Illinois since 2018. Blickenstaff has also made contributions to local charities, including the Peoria Woman’s Club.
The KDB Group stated that they wished to extend their gratitude to the employees, vendors, clients and patrons that have supported them.
The exact extent the reevaluation will affect current and future projects locally are currently unknown.
The KDB Group owns 8 properties between Peoria, Peoria Heights, and Spring Bay. Their properties include Sankoty Lakes, the Pabst Campus, and Al Fresco Park.
This story will be updated when more information becomes available.