Articles Tagged: Economic development

Also, Iowa will pay nearly $50,000 in a settlement with a reporter

Neither city of Cedar Rapids nor Cedar Rapids Metro Economic Alliance officials will have a vote in recommending potential changes to downtown’s management structure, seemingly putting to rest disagreement over how much say either entity would have in the decision.

Preliminary site plans are taking shape for a mixed-use development at the former Transamerica site on Edgewood Road and 42nd Street NE, where more than two years ago some neighbors organized in opposition of a local developer’s proposal and prompted the property’s sale to another developer.

It’s estimated Iowa needs another 24,617 homes to support a growing population, and a statewide coalition is encouraging state lawmakers to act on six priorities it says would expand affordable housing in the state.

The Iowa Economic Development Authority board on Friday signed off on Cedar Rapids’ $56 million, 20-year local tax break to support Google’s $576 million data center in Cedar Rapids’ Big Cedar Industrial Center.

Internet giant Google was named in documents Thursday as the company behind the potential new $576 million data center in Cedar Rapids’ Big Cedar Industrial Center.

Danisco, an ingredients supplier and subsidiary of International Flavors and Fragrances, is seeking state financial incentives through its High-Quality Jobs Program to support its $22.2 million Cedar Rapids plant expansion.

In awarding city financial incentives to an unnamed company to build a $576 million data center in the Big Cedar Industrial Center, members of the Cedar Rapids City Council lauded the project -- the city’s largest ever -- as a “historic” milestone for Cedar Rapids.

Iowa House Republicans have introduced two bills designed to spur economic development in rural Iowa.

As Lura McBride, president and CEO of Van Meter Inc., has led the company to 95th year in Cedar Rapids, the Howard Hall award winner sees putting people first in the company and the community as key to the growth of the electrical, data and automation supply company.

An unnamed company is seeking city of Cedar Rapids and state financial incentives to build a massive $576 million data center in the Big Cedar Industrial Center that would create at least 31 new high-paying jobs.

A proposal that stalled at the end of the 2023 legislative session is moving again, and this time appears headed for lawmakers’ approval

There are five SSMIDs in Cedar Rapids and Iowa City, but what exactly are they? How do they get their money? And who decides how it’s spent? This week, Curious Iowa digs in to find out more about these districts that fuel streetscaping, events, holiday lights, public art and more.

City Manager Jeff Pomeranz said Cedar Rapids is “hoping to see development activity of some kind in 2024” at the Big Cedar Industrial Park. The City Council has advanced recent rezoning requests by Alliant Energy, which controls the park, but no specific projects have yet emerged.

Michaels, the North American arts and crafts chain, will soon open a location at the Westdale Town Center in southwest Cedar Rapids. Westdale Mall’s redevelopment is nearing completion with only three restaurant and five retail locations remaining.