116 3rd St SE
Cedar Rapids, Iowa 52401
Construction continues Wednesday on the Annex on the Square project on the so-called Banjo Block, named after the former Banjo Refrigeration Equipment Co. building that was on the land, in the 500 block of Fourth Avenue SE in downtown Cedar Rapids.
The $49 million mixed-use, mixed-income, multifamily project will reserve 202 units for residents earning up to 60 percent of the area median income, with 22 units at market-rate. The project should be completed in January 2024. (Jim Slosiarek/The Gazette)