Cedar Rapids city council considers major private sector investm - KWWL - Eastern Iowa Breaking News, Weather, Closings

Cedar Rapids city council considers major private sector investments

Posted:

The city of Cedar Rapids is getting help from the private sector in its flood recovery.

The council Tuesday considering private developments of more than $200 million at its meeting.

City leaders believe the reason investors are looking to build in Cedar Rapids is because of the commitment from the public sector to rebuild downtown.

Tuesday the council listened to public comment regarding the purchasing of land to build the proposed casino on.

They also heard comment regarding CRST's interest in building a high rise where the former First Avenue Parkade stood.

Not everybody is celebrating the progress.

One critic accused the city of playing favorites in both cases.

Some council members decided they had enough of the push back they've been hearing from a small group of critics since the flood five years ago.

"We see people willing to step up and do things for this community, instead of constantly make accusations, connive, and do everything they possibly can to keep us down," council member Justin Shields said.

The city also giving the go-ahead for the developer of Westdale Mall to move forward on the $90 million redevelopment project.

Powered by Frankly