Ashley Furniture store, distribution center coming to Cedar Vall - KWWL - Eastern Iowa Breaking News, Weather, Closings

Ashley Furniture store, distribution center coming to Cedar Valley

Posted: Updated:

The Greater Cedar Valley Alliance and Chamber is excited to announce new business coming to the area.

Furniture Mart and Ashley Furniture is coming to the city of Cedar Falls in a proposed new project to bring new industrial and retail operations to the Cedar Valley.

The proposed project, to be operated by Furniture Mart USA, Inc., will consist of an initial 150,000 square-foot warehouse and distribution facility. Construction is planned for the northeast corner of Production Drive and Capital Way in the Cedar Falls Industrial Park.


The site consists in total of 18.17 acres, and is ready to build.

The City of Cedar Falls says the building will be a pre-engineered metal building meeting/exceeding all applicable Deed of Dedication requirements. The new warehouse/distribution facility will have a minimum building valuation of $6,000,000, and a minimum taxable valuation of $7,182,654.

Construction is slated to begin in September 2016, and be completed by summer 2017. The new distribution center will likely initially employ about 50 people.

Furniture Mart USA, Inc. is also committing to build a new Ashley Furniture retail store in Cedar Falls, to be started no later than September 2020.
 

According to the Cedar Valley Alliance and Chamber, the Cedar Falls City Council will take final action on the project Tuesday evening.

Powered by Frankly