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Cary Darrah, President of TechWorks Campus and Vice President of Community Development, is quoted in this article about the passing of Dan Tindall, the man who purchased and renovated downtown Cedar Falls’ historic Blackhawk Hotel.
Man who renovated landmark Cedar Falls hotel dies, Pat Kinney, The Courier, December, 23, 2017
“There are a lot of buildings that would continue to sit empty or would have been demolished by now had that tax credit not been available to make the project economically sound,” said Steve Dust, president and CEO of the Greater Cedar Valley Alliance and Chamber. “And that’s repeated all over Iowa.”
Steve Dust is quoted in an article by Erin Murphy, State house reporter for The Courier/Lee Enterprises, about Iowa projects helped by federal historic preservation tax credits and the possible effect on Iowa projects if Congress’ tax reform proposal is approved.
Cutting historic tax credits could cripple economic development, officials warn, Erin Murphy, The Courier, November 13, 2017
Jim Walsh accepts the Business of the Year Award.
The Greater Cedar Valley Alliance & Chamber presented their Annual Awards on Thursday, March 31, 2016. Congratulations to JSA Development, LLC / James E. Walsh, Jr. recipient of 2016 Business of the Year!
Jim Walsh purchased his first building in downtown Waterloo in April 1999. Since that time, what has become JSA Development transformed Downtown Waterloo and the greater Cedar Valley.
JSA Development has invested nearly $35 million in downtown revitalization based in historic preservation, mixed-use development and walk-able, bike-able urban neighborhood planning.
The investment and commitment to Waterloo and the Cedar Valley is a significant component of the private investment in Downtown Waterloo envisioned by the original River Renaissance project.
To date, JSA Development investment has: Historically rehabilitated fourteen buildings; Created 50 new market-rate apartments; Revitalized or maintained over 40 commercial units; Assisted in the startup or expansion of eight business; Aided the historic KWWL building revitalization; Spearheaded and funded the successful addition of the Waterloo Downtown East 4th street corridor to the National Register of Historic Places.
In addition to the development and management Company, Walsh operates three restaurants and a bar in downtown Waterloo. His many roles with other organizations broaden his impact on the greater Cedar Valley.
$40M hotel and training center construction set to begin with Tech2 building sale to developer.
(Cedar Valley of Iowa) – The TechWorks Campus, announces the sale of the Tech2 building to Financial District Properties (FDP) and the start of construction of the highly anticipated Green@TechWorks mixed-use project.
Tech2, an 88 year old former John Deere tractor manufacturing building, is the starting point of the Green@TechWorks re-development project. The 180,000 square foot, six-story building will house a 191-room Courtyard by Marriott hotel; third-party restaurant; John Deere Regional Training Center and conference center. The Green is a principal feature of the overall $74M TechWorks Campus river-front re-development.
“It is gratifying to see The Green @ TechWorks become reality. The project will provide our Campus tenants with tremendous amenities just steps from their operations,” said Steve Dust, CEO of the Greater Cedar Valley Alliance & Chamber and President of the TechWorks Campus. “Combined with the industrial 3D printing and design center, labs and shop in Tech 1, and the fantastic new John Deere Tractor and Engine Museum, the opportunities for the TechWorks building sites and the marina become clear. These new operations compliment the downtown Waterloo revitalization and anchors new Cedar Valley developments along the river from Waverly through Cedar Falls to Waterloo. This is a very exciting time in the Cedar Valley.”
Since The Green@TechWorks project was announced in 2012, FDP along with TechWorks has moved forward with steady determination, pursuing federal, state, and local re-development financing, and brokering agreements between the developer, the City of Waterloo, and others.
FDP Managing Principal Rodney Blackwell has significant experience with downtown real estate redevelopment and is recognized for successfully assembling complex financing structures for downtown projects. Earlier FDP projects include the Mississippi Plaza Center in downtown Davenport, IA, and the North American headquarters for KONE Corp. in Moline, IL. FDP is currently developing Machinery Row, a mixed use re-development area in downtown Racine, Wisconsin. FDP also owns the river-front building occupied primarily by the Waterloo-Cedar Falls Courier at 100 East Fourth.
“Despite the inevitable bumps in the road and some unexpected big challenges; creativity, commitment, and a lot of patience tied all the pieces of the financing puzzle together,” says Blackwell. “We are eager to start construction and look forward to delivering a venue that will compliment the Campus and delight the community.”
Helping to finance the project is $12 million from the Waterloo Reinvestment District.
A portion of the TechWorks Campus has also become the first designated Iowa Reinvestment District (IRD). The District, established by The City of Waterloo will provide up to $12M in new state hotel/motel and sales tax revenues generated within the district for capital projects. $8M will be used to pay off bonds financing The Green@TechWorks. $3M will go to the development of the Tech1 building, with $1M boosting a proposed marina development.
The projected economic impact of the District is significant. Up to 562 new permanent jobs will be created to accommodate the anticipated 275,000 annual visitors to the Campus. Visitors are expected to generate $2.9M in annual food, retail and other sales generated on Campus or in the vicinity.
Construction set to begin on The Green@TechWorks.
Interior pre-construction will begin in March with mobilization expected in mid-April. The target opening date for the project is May 2017. The Davenport office of contractor Ryan Companies US, Inc. has been named to complete the project. Ryan Companies’ Greg Lundgren, Midwest President is senior Project Executive Officer.
An estimated 130 people will be employed during the one year construction period. FDP is committed to use local trades and subcontractors to the greatest extent possible. Only when faced with a skill, schedule, or major price constraint outside trades would be sought, according to developer Blackwell.
Amenities for the business class traveler.
Business travelers to the Campus will enjoy the amenities of the 191-room Courtyard hotel, the newest Marriott property in the market. The hotel will be operated by Hospitality Specialists Inc. of Grand Rapids, Michigan. Hospitality Specialists Inc. has been operating hotels for over 30 years with properties in Illinois, Michigan, Wisconsin, Indiana, and Florida.
The John Deere Regional Training Center will be constructed on the 2nd floor to address a range of skills upgrades for John Deere employees across its operations.
Consolidated Restaurant Operations, Inc. (CRO) of Dallas will expand its footprint to Iowa for the first time with a property in the Tech 2 building. CRO operates more than 91 full-service and 24 franchise restaurants in 17 states and globally. CRO manages brands ranging from the traditional steak house to Tex-Mex. The Green’s restaurant will be a new concept for CRO, consistent with Campus clienteles’ requirements.
$74.1 million TechWorks Campus mixed-use development offers unique opportunities.
The TechWorks Campus site and buildings, donated by John Deere to TechWorks in 2006 is located at the gateway to Downtown Waterloo at Highway 218 and West Commercial Street. The 30 acre TechWorks Campus is currently home to University of Northern Iowa Metal Casting Additive Manufacturing Center and Design Lab, Hawkeye Community College Design Lab, the Iowa Advanced Manufacturing Network Hub, John Deere Tractor and Engine Museum, and Cedar Valley Makerspace. TechWorks Campus is just steps to the Cedar Valley Recreation Trails, entertainment & museum districts, and a variety of Riverloop District amenities.
Four sites are available on the campus for light industrial, research and development, and retail. 100,000 sf remains in the six-floor Tech 1 building for build-to-suit space ideal for light manufacturing and R&D tenants. Six laboratories are also available. Plans for a marina and a riverfront restaurant along the Cedar River are part of the overall $74.1 million Campus development plan.
“Identifying and attracting the right tenant and development is the next priority for TechWorks,” says Cary Darrah, Vice President and General Manager of TechWorks Campus. “My job now is to work with the Greater Cedar Valley Alliance & Chamber development team to help companies understand the tremendous value of locating on the TechWorks Campus. With access to University research and training, a wealth of resources, opportunities to make the right connections and create synergies, the amenities of The Green right outside their door, the Campus location shouldn’t be hard to sell.”
TechWorks Campus is a private non-profit corporation and subsidiary of the Greater Cedar Valley Alliance & Chamber. More information can be found at www.techworkscampus.com or by contacting Steve Dust, President of TechWorks Campus by email sdust@cedarvalleyalliance.com, Cary Darrah, Vice President and General Manager at cdarrah@cedarvalleyalliance.com, or Wes James Facilities Manager at wjames@cedarvalleyalliance.com, or by calling (319)232-1156.
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The Greater Cedar Valley Alliance & Chamber held a Cedar Falls Mayoral Candidates Forum on Friday, October 23st at the Cedar Falls Tourism Visitors Center to give investor businesses the opportunity to understand each candidate’s position on issues that affect the economy including business climate, workforce, and quality of life.
Specific topics raised included: University Avenue, the downtown waste water treatment facility, the use of Tax Incremental Financing (TIF) as an economic development tool, a part-time vs. full-time mayor, and more.
“The Alliance & Chamber serves as the one voice for business in the region. We advocate for the concerns of business at the local, state, and national level. We provide opportunities for education on issues, interaction with officials, and encourage our investors to participate in the process,” says Steve Dust, CEO of the Alliance & Chamber.
All three candidates participated in the Cedar Falls Forum including: businessman Jim Brown, incumbent Mayor Jon Crews, and retired railroad management employee Dave Halterman.
Each of the mayoral candidates made a brief opening statement. Moderator Steve Firman, Director of Alliance & Chamber Government Relations, then directed questions from the audience to the candidates.
In his opening statement Jim Brown shared his three-point platform of business development, good communication, and strong leadership. He pointed to his success launching a technology startup and in talent recruitment for John Deere as valuable experience that will help him market the city to new business and talent. Brown noted that the University Avenue project will likely move forward as approved by the current council.
Jon Crews bases his campaign on ‘facts and real numbers.’ He points to reduced residential and industrial tax rates, and quality of life and amenities as hallmarks of his tenure as mayor. Crews believes the use of roundabouts on University Avenue will reduce accidents and save lives.
Dave Halterman was a critic of the University Avenue reconstruction plan and outlined seven ways he believes the project could be handled more efficiently. He sees University Avenue as the ‘present and future of tourism and business development in Cedar Falls.” He believes the opportunity to increase the tax base is ‘bleak.’
Brown did not comment on the issue of the downtown location of the waste water plant. Crews commended the water treatment department for their efforts to mitigate the odor issue and noted that new development has continued despite the location of the plant. Halterman criticized the way EPA requirements for run-off into sanitary sewers are being addressed.
Brown supports the use of TIF. He believes it puts the City in a position of strength when negotiating with prospective businesses. Crews cited the City’s successful use of TIF and believes it should not be restricted. Halterman pointed out that residents should benefit from development in lower taxes or increased services.
Crews would support a part-time mayor position if the people voted for it, but believes a balance between strong elected officials and professional staff is best. Brown sees no reason to reorganize the structure of Cedar Falls government and believes the council should decide if the position of mayor should be reduced to part-time . Halterman voiced opposition to a city manager position saying that the people have no recourse from the ballot box. He believes the mayor is the ‘elected CEO’ of the community.
A forum participant asked the candidates how they would make decisions when their own convictions differ from the opinions of constituents.
“If I can see something that save lives, save injuries, and saves tax payers money, then I think the elected officials need to vote their conscience.” responded Crews, “If you do what you think is right and you can sleep at night then that is what you should do.”
Halterman believes leadership should concede to constituents. “Anything else,” he stated, “is arrogance.”
“There is a responsibility of a leader to lead, to communicate, to let folks know where you stand, “said Brown. “ But you also have to respect the process, which in our city is the council. The council is the power behind the process. The decision makers have to come to a consensus. Consensus means you don’t get what you want, but you are both moving the ball forward”
Listen to a recording of the forum here.
For more information on the Greater Cedar Valley Alliance & Chamber and their Government Relations activities, go to www.cedarvalleyalliance.com or contact Steve Dust at sdust@cedarvalleyalliance.com or by calling 319-232-1156.
(Cedar Valley of Iowa) The Iowa Advanced Manufacturing Network Hub (IAMNH), at the TechWorks Campus in Waterloo, is one of the first projects in the state to be awarded funds through Iowa’s new Strategic Infrastructure Fund (SIF). The funding was approved by the Iowa Economic Development Authority (IEDA) Board at their June meeting. The project, Iowa Advanced Manufacturing Network Hub – Phase I, Additive Manufacturing Center, will receive $2.7 million to fund additional 3D printers for the UNI Metal Casting Center, building improvements, and a design center to be operated by Hawkeye Community College.
“With this financial support from the IEDA and Iowa Innovation Council, UNI is excited and anxious to move forward with creating a full-service additive manufacturing center to meet the innovation and technology needs of Iowa companies,” says Randy Pilkington, Executive Director of UNI’s Business and Community Services. “Thanks to support from IEDA, UNI is building on the momentum of the past 18 months of 3D printing success to create a full-service additive manufacturing center for Iowa manufacturers. Expansion into plastics, metals and ceramics will create one of the best equipped 3D printing facilities in North America.”
The Iowa Advanced Manufacturing Network Hub application for Strategic Infrastructure Fund (SIF) was completed by TechWorks staff and a team including UNI’s Randy Pilkington and Metal Casting Center Director Jerry Thiel; Hawkeye Community College President Linda Allen, and Vice President of Academic Affairs Jane Bradley; and TechWorks board chair Tim Hurley. The team worked with the State of Iowa and the Iowa Innovation Council’s Advanced Manufacturing Workgroup to finalize the application.
The IEDA funding will help to move Iowa to the forefront of technology in additive manufacturing and establish a premier center for support of its manufacturing base. This funding is a critical step in advancing the state’s technology base and providing a central location for technology advancement.
The Greater Cedar Valley Alliance & Chamber is hosting three seminars for business professionals during the month of May. The Business Education Series is a local link to information on timely issues that influence the business bottom line. May seminars will focus on simple office changes that save money and improve the work environment, data security to mitigate exposure, and employee wellness. These seminars will give attendees instant access to “do it now” business growth tools. Each program will feature experts and a question and answer period.
The May 13 session “Solutions That Improve Your Business Environment Inside & Out” will be presented by Pete Olsen, Energy Services Manager at Cedar Falls Utilities, Dan Channer, Partner at StruXture Architects. The focus will be on energy efficiency, waste reduction, and water conservation. Additionally, Ellen Woods, Director of Sales at Integrated Interior Solutions Group Kirk Gross Company, will address creating an environment and culture in which employees can thrive.
The May 20 session on “Data Security” will be presented by Chris Fereday, President of PDCM Insurance, and Dave Wyant, Account Manager of Sales at Networking Solutions. They will present information to help area business leaders understand how to navigate the complexity of privacy/cyber liability exposure and provide valuable insight about how to mitigate exposures.
On May 27 the topic will be “Business Sense of Wellness.” Liz DeJoode, Wellness Consultant at PDCM Insurance, will speak on their approach to help employers win the battles against increasing healthcare costs. Additionally, learn from UnityPoint/Allen Hospital, Veridian Credit Union and Wheaton Franciscan Healthcare on how they implement wellness programs on site.
Each seminar will take place at the Five Sullivan Brothers Convention Center in downtown Waterloo, IA, from 7:30-9:00 AM. The cost is $25 per seminar for Alliance & Chamber investors and $45 per seminar for non-investors and includes breakfast. Please register one week in advance of each seminar by calling (319) 232-1156 or email bwubenna@cedarvalleyalliance.com.
The premier sponsor is PDCM Insurance and the gold sponsors are Around the Corner Productions and First National Bank.
The mission of the Greater Cedar Valley Alliance & Chamber is to increase economic vitality and wealth by leading collaborative economic and community development. The Business Education Series is one of many initiatives of the Alliance & Chamber designed to sustain and strengthen businesses and organizations in the Cedar Valley Region of Iowa. Details about the many programs and initiatives of the Alliance & Chamber can be found at www.cedarvalleyalliance.com or by calling Steve Dust, CEO at (319) 232-1156.
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Home for the Holidays is a seasonal retail campaign to encourage the local community to support the retail business investor/members of the Greater Cedar Valley Alliance & Chamber. The Home for the Holidays message emphasizes the power local purchasing has to strengthen and enrich our community. The campaign reminds shoppers that local spending returns to the Cedar Valley in the form of critical tax revenue to fund public services, wages and benefits for our neighbors and family members, and local business to business commerce all fueling the Cedar Valley economy. Alliance & Chambers businesses will display the Home for the Holidays logo in their window and on their doors beginning this month.
New to the campaign this year is a Facebook contest. Twelve gift certificates to Alliance & Chamber businesses will be given away between Nov. 23 and Dec. 21. Shoppers are encouraged find Homer, the Home for the Holidays mascot, at participating Alliance & Chamber investor retailers. To win, shopper must look for clues found on the Alliance & Chamber website and Facebook page, then be the first to post a photo or ‘selfie’ on the Alliance & Chamber Facebook page. Posts should include the hashtag #CVHomefortheholidays. The photo must be taken at the business and include the Homer mascot. If Homer has already been found and winner identified, shoppers can still post a ‘selfie’ with Homer to be entered in a drawing on Dec. 21.
In conjunction with the annual campaign, the Alliance & Chamber coupon & specials page provides more incentives to shoppers to buy local. These coupons are in printer-friendly format or can be accessed through their mobile app Cedar Valley Connect , available on both iPhone and Android applications.
Shoppers can find a detailed Alliance & Chamber Investor Directory with links to coupons and specials at www.cedarvalleyalliance.com and on the Cedar Valley Connect mobile app. All promotions are compiled at www.cedarvalleyalliance.com/coupons/php.
The Greater Cedar Valley Alliance & Chamber is a private, non-profit corporation representing and advocating for the interests of business, industry and institutions operating in the Cedar Valley. A top priority of the Alliance & Chamber is to sustain and strengthen the retail and service sector throughout the Cedar Valley.
For more information on the Greater Cedar Valley Alliance & Chamber and the Home for the Holidays campaign go to www.cedarvalleyalliance.com/homefortheholidays , www.facebook.com/cedarvalleyalliance, or contact Steve Dust at 319-232-1156 or by email at sdust@cedarvalleyalliance.com.
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On October 15, Cedar Falls was named the 2014 eCity of Iowa. The eCity Awards recognize the strongest online business community in each state – the digital capitals of America. These cities’ businesses are embracing the web to find new customers, connect with existing clients and fuel their local economies. Cedar Falls joins the ranks of America’s leading cities in the digital economy. Google recognized the city’s innovative businesses by holding a community celebration with Sen. Chuck Grassley, Mayor Jon Crews and other community representatives on Wednesday, on Main St. in Cedar Falls.
Senator Grassley presented the award to Mayor Crews, who credited the citizens of Cedar Falls for passing the community broadband referendum 20 years ago this month, and credited CFU will building and continuously updating the community’s broadband infrastructure.
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