Real Estate

Dows Farm construction underway as Corridor’s first agri-community takes shape
The long-awaited and oft-delayed Dows Farm development on the southeast outskirts of Cedar Rapids — designed as the first “agri-community” in the Corridor — is finally going vertical. Chad Pelley of Twenty40 Building Concepts, the lead developer for the Dows…
Construction job openings unchanged as housing market slows
The construction labor market saw little change for job openings in June as open, unfilled…

Construction begins on North Liberty’s Palestra sports complex
The weather may have been overcast, but it was all golden shovels and smiles at…

New senior living complex coming to Hiawatha
A new 40-unit senior living complex is on its way to the west side of…

Foreign investment in U.S. existing-home sales declines
Foreign buyers purchased $53.3 billion worth of U.S. existing homes from April 2022 to March…

Former Marion Maid-Rite building under new ownership; city dismisses petition
The city of Marion has dismissed a petition seeking the title to the former Maid-Rite…

Single-family homes construction starts to decline in June
Single-family home production fell after four straight monthly gains as many other housing sectors continue…

Iowa City home prices increase by 10% in 2023
Iowa City home prices increased by 10.4% between May 2022 and May 2023, according to…

Cedar Rapids Marriott reflagged as Radisson Hotel Cedar Rapids
The hotel formerly known as the Cedar Rapids Marriott has officially been reflagged as the…

City of Iowa City will purchase S. Linn Street lot
The Iowa City City Council approved the $4.5 million purchase of 21 S. Linn St.…

Cedar Rapids council OKs option agreement with potential casino developers
The Cedar Rapids City Council voted July 11 to approve an option agreement for the…

Big Cedar Mega Site developers seek zoning change to expand opportunities
Developers of the Big Cedar Mega Site in southwest Cedar Rapids are hoping a new…

Developer plans to bring 57 new homes to Marion
A Marion developer is planning a new housing development on the city’s near north side,…

Iowa Finance Authority awards $15 million to affordable rental housing
The Iowa Finance Authority board of directors recently awarded more than $15 million in federal…

Home prices, rents remain high with steep interest rates, slow construction
Sharp interest rate hikes over the past year continue to impact homeownership and affordability for…

Opening of Tower Terrace Road interchange represents key project milestone
The opening last month of the newest Interstate 380 interchange at Tower Terrace Road, on…