Redevelopment plan eyed to add two hotels in Cedar Rapids downtown
Heart of America Group plans converting the Guaranty Bank Building first floor to a restaurant and the upper floors to a 75 room hotel while a nine story, 126 room hotel behind historic properties would add a third hotel. The project aims to boost room rates and attract larger conferences near the convention center. Local officials expect incentives discussions and a City Council review on November 13.
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World Theater
Cedar Rapids
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Heart of America Group
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Whalen
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Heart of America
GO Cedar Rapids
Jeff Pomeranz
Convention Center
Coralville
Iowa Arena
Iowa River Landing
Pomeranz
NewBo apartment project wins tax credits
The Iowa Economic Development Authority approved 600000 in tax credits for a Chicago area developer to build a 120 unit apartment building at the northern block of the NewBo area.
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Iowa Economic Development Authority
NewBo
NewBo 120-unit apartment project wins state tax credits
Landover Corp plans a three story 120 unit circular apartment building with 16 000 square feet of ground floor commercial space in Cedar Rapids NewBo district. Construction slated to begin spring 2019 with tenants by summer 2020. State tax credits of 600 000 aid redevelopment of abandoned and blighted sites.
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Cedar Rapids
NewBo
Iowa Economic Development Authority Board
Grayfield Ae NewBo’s
Iike
Rington, I
Ninth Effort
Avenue SE
Cnvica
Iowa Economic Development Authority
Loftus Distributing
Landover
Richard Sova
Sova
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