9/22/2023 0 Comments Twin tower pizzaMore: What's going on at the site of the old Pizza Hut on Sterling Avenue in Peoria? "There's tax benefits when you donate to a charitable organization, and there's not much more to say." "(IBFS) approached me several months ago with the idea of would I donate the property to them," Graves said. Jeff Graves, the mall's longtime owner, told the Journal Star that his decision to donate was a matter of personal financial incentives. IBFS, which has been operating for over four decades, aids businesses through grants, loans and other services. Illinois Business Financial Services (IBFS), which has its offices on the third floor of the same building that houses the mall, announced the transfer in a Tuesday press release. PEORIA − The Twin Towers Mall on Fulton Street, located across from City Hall, has been donated to a local nonprofit.
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