Melissa is an exceptional partner in regional economic development. Her ability to coordinate seamlessly with Alliant Energy ensures that Winnebago and Worth counties are always positioned for growth. She is proactive, deeply knowledgeable, and highly collaborative- bringing her into a project early is a guarantee that things will move forward efficiently and successfully.
— Chad Hansen , Alliant Energy
IEDA Board approves projects from two established companies in Iowa, awards strategic infrastructure grant
17 Dec 2021
News
December 17, 2021 (DES MOINES) – Today, the Iowa Economic Development Authority (IEDA) Board approved awards for two companies, which will assist in the creation of 454 jobs and result in $611.3 million in new capital investment for the state. These projects are located in Council Bluffs and Tama. The board also approved a Strategic Infrastructure Program grant for Iowa State University.
US Property, Inc. constructs new division in Council Bluffs
US Property, Inc., a real estate development company based in Lincoln, NE that develops and manages both industrial and mixed-use commercial properties across North America, created a cold storage division that will support the local and regional protein manufacturers. The company will construct a 160,000 square foot facility to include racking, freezing and transportation components to serve the modern cold storage distribution industry. The project represents a $49.3 million capital investment and is expected to create 58 jobs, of which eight are incented at a qualifying wage of $23.56 per hour. The board awarded the company tax benefits through the Targeted Jobs Withholding program.
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