A new industrial park in the Cedar Rapids metro area will combine innovative features and expansive space to attract new businesses and jobs to Iowa.
"Alliant Energy's Big Cedar Industrial Center is a game changer for the state. This large-scale, rail-served industrial site will provide the state of Iowa with a significant advantage as we compete for additional economic investments and new jobs," said Debi Durham, director of the Iowa Economic Development Authority. "The site will offer businesses greater ability to move products throughout the country and the opportunity to partner with Alliant Energy to develop an energy strategy that meets their individual needs."
The Big Cedar Industrial Center enables Iowa to compete for new, large-scale development. We are working with landowners to get nearly 1,300-acres under purchase options for the park, which is located in the southwest Cedar Rapids metro area. It is connected to several transportation options including rail, interstate and the Eastern Iowa Airport.
A site of this size is complementary to other industrial parks in the region, and can bring added attention to the area.
"This is a catalyst for economic development in our communities and our state," said Jeanine Penticoff, vice president of Customer Engagement and Solutions at Alliant Energy. "We couldn't do this alone. The landowners at this site have joined with us to help grow our region and our state. We are grateful for their involvement."
We are working with the city of Cedar Rapids, the Iowa Economic Development Authority and the Cedar Rapids Metro Economic Alliance to market the site for development nationally and internationally.
"This project brings together private and public investments to ensure Iowa is the national leader when it comes to connecting businesses to communities throughout the region," said Lt. Governor Kim Reynolds. "It will give the Iowa Economic Development Authority team an unprecedented tool to successfully recruit new companies, new development and new investment into our state."