There is a shortage of affordable housing in Iowa, and the problem will worsen as the state’s population grows. To ensure workers have places to live and keep businesses in town, Iowa cities are leveraging local and state resources to spur new housing development and fuel the economy.
The central Iowa city has spent the past 14 years reestablishing itself after Maytag, the washing machine manufacturer that at its peak employed more than 3,000 people, left the city in 2007.
Local developers see their revamped design of a $71 million entertainment hub at First Street and First Avenue W — with a plaza connecting a Big Grove Brewery, Pickle Palace bar and grill and other mixed-use space — as a “recipe for a lot of success.”
A mixed-use development featuring a Pickle Palace bar and grill with recreation space, Big Grove Brewery, a potential hotel and commercial and housing space comes to the Cedar Rapids City Council for a vote Tuesday.
A national semiconductor design and manufacturing company wants a new 65,000 square-foot office facility in Cedar Rapids. This proposed space is expected to create 22 jobs and retain 142 jobs that pay in the six-figure range.
The Marion-based facility expects July tournaments to result in $5 million in economic activity
The program offers $500 to anyone who successfully refers a new business to the area.
“I've never seen anything like what is happening in the southwest quadrant, around the airport specifically,” said City Council member Scott Overland, a real estate broker.
Between the library’s recent expansion, an upcoming plaza opening and new mixed-use developments in the works, the city is looking toward future growth
The Iowa Economic Development Authority board on Friday provisionally awarded Cedar Rapids $9 million through its Reinvestment District program, falling short of the city’s $39.5 million request to fuel ‘transformational’ developments.
The Iowa Economic Development Authority staff’s recommended award of $9 million falls short of city’s $39.5 million request to fuel key developments downtown.
FedEx estimates a payroll budget of $20 million to cover 434 new mostly part-time jobs, a city official says
The proposed FedEx warehouse and distribution center would create 434 new jobs at the approximately 479,000-square-foot facility, one of the largest projects in city history.
This year, the county is providing $200,000 in grants to local organizations
The Gazette is accepting nominations for seventh-annual Gazette Business Awards.
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