Old Gap mall sold to local investors in Iowa City plan
Local investors led by Michael Hodge agreed to acquire Old Capitol Town Center from Fremont Investment & Loan with a target closing in about 45 days. The group aims to revive downtown retail by attracting University of Iowa tenants and expanding Campus Theaters, hoping past Sycamore Mall revival lessons apply.
MENTIONED IN THIS ARTICLE
Sycamore Mall
Old Capitol Town Center
Azette
Iowa City
Michael Hodge
Hodge Construction
Fremont Investment & Loan
California
Hodge
Old Capitol Mall Associates
Pittsburgh
Kevin Digmann
Old Capitol Mall
University of Iowa
Campus
Ernie Lehman
Lehman
Bob Barker
Ken Albrecht
Heitman Properties of
Chicago
Albrecht
Barker
Greg Apel
Dean Oakes
Digmann
Dave Hodge
Apel
Oakes
the Hodges
Gerry Ambrose
Old Capitol Investment Group
Lavid
Dewitte
Gazette Communications
Michael Stenerson
the Gazette
Old Capitol
Universities rely on private funds to cover project costs
Private funds helped cover a $6.8 million rise in the 10 major Iowa State University and University of Iowa building projects, a 13 percent increase over initial plans. The spending growth occurred as Iowa’s three public universities faced $14.8 million in state academic funding cuts since their inception.
MENTIONED IN THIS ARTICLE
Mark Kegans
the Gazette
Beardshear
Iowa State University
Ames
Lyle Muller
Gazette
University of Iowa
Iowa
University systems see funding cuts affect projects
The report notes state universities reviewing architect plans as UNI unveils two boosted construction projects and an ISU project with a 164 percent budget increase since 1999 due to new funding. Fiscal 2003 appropriations and concerns over cuts frame the backdrop.
MENTIONED IN THIS ARTICLE
Gazetteonline.com
UNI
ISU
Cedar Rapids Ice Arena costs soar over original budget
Critics flag Cedar Rapids public project spending as the Ice Arena budget leaped from 7.2 million for a single rink to 12.7 12.8 million for two rinks. Commissioner Lyle Hanson calls the overrun outside normal scope while the facility was built on an accelerated timeline. In Iowa City a water treatment plant may exceed the 32.9 million estimate if bids rise or environmental issues emerge.
MENTIONED IN THIS ARTICLE
Lyle Mullen
Cedar Rapids
Normal
Lyle Hanson
Iowa City
Poverty rises as 34.8 million in US live in poverty in 2002
Census Bureau data show 12.4 percent of the population, about 34.8 million people, in poverty in 2002 up from 33.4 million in 2001. Nearly 12.2 million children were poor in 2002, up from 11.5 million in 2001, while median household income rose to 43057 after inflation.
MENTIONED IN THIS ARTICLE
Washington
United States
Census Bureau
Bureau
Iowa Poverty Rates Lag in 2002 Data
Iowa's statewide poverty estimates for 2002 are unavailable. The 2000 Census set Iowa's poverty rate at 10 percent, ranking 35th nationally, while the 2001 ACS estimate put it at 9.7 percent, 40th in the nation. A family of four earning $17,603 is considered poor.
MENTIONED IN THIS ARTICLE
Iowa
American Community Survey
Iraq war wounds rise with 10 soldiers daily report
Washington Post notes U S battlefield casualties in Iraq are up with almost 10 reported as wounded in action daily. Since March 1,124 wounded in action have been recorded as attacks persist from remnants of Saddam Hussein's forces and other groups.
MENTIONED IN THIS ARTICLE
Washington Post
Washington
U.S
Iraq
Saddam Hussein
U.S. Central Command
Bush
Pentagon
Inside hazardous devices cause fatal harm Iraqi police officer and U.S. soldiers
An incident involving explosive devices in Iraq results in the death of an Iraqi police officer and injuries to U.S. soldiers. The event highlights ongoing security risks in the region and the cooperation between Iraqi forces and coalition personnel.
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Acs
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