Annex on the Square

Groundbreaking set for $49 million multipurpose development on ‘Banjo Block’ site

The long-awaited redevelopment of the “Banjo block” in downtown Cedar Rapids is finally becoming a reality. Indianapolis-based developer TWG announced Dec. 9 that “Annex on the Square,” a mixed-use, mixed-income multifamily property, will break ground Dec. 15 at the 501…