Several high-dollar renovations could be coming to the Cedar Val - KWWL - Eastern Iowa Breaking News, Weather, Closings

Several high-dollar renovations could be coming to the Cedar Valley

Posted: Updated:

City council members are selecting a date for a public hearing to discuss some changes in downtown Waterloo. 

The city is proposing the sale of the Five Sullivan Brothers Center, as well as renovations to the Ramada Inn. The center is 40-years-old and needs major repairs. Leslie Hospitality plans to give it a major face-lift, projected at 20 million dollars.

"It costs a lot of money," said Waterloo Mayor Quentin Hart. "Right now, the city can only bond about $700,000 for public infrastructure so that's not enough to meet with the demands. And this is a great opportunity with a quality, quality developer to help stimulate and breathe some life back into the Five Sullivan Brothers Center."

Community Planning Director Noel Anderson says the convention center, which has become a hub for tourism, isn't quite meeting the standards of its visitors.

"Talking with the Convention and Visitors Bureau, I think they're busy 280 says out of the 365 a year that they're booked with activity," said Anderson. "There's a lot of activity in there, but a lot of improvements that need to take place-some restrooms added for the crowds that are in there."

If the sale goes through, the city of Waterloo would no longer have to spend bond money on the center. Instead, the money would go toward sewer projects and fire trucks. 

Other areas of improvement include updated technology and making both buildings more visually appealing to draw more people into the Cedar Valley. 

Cedar Falls is also looking at projected plans with the same goal in mind.

Developers are currently looking to expand the conference center of the Hilton Garden Inn to a total of 12,000 square feet. The same developer is also looking to build a Town Place Suites by Marriott with more then 90 rooms just South of the Hilton. The rooms and suites will primarily cater to those with extended stays or temporary work employments. 

"I've talked to many businesses, and they're having record growth, record profits, record expansion, and employment so it's a natural progression of what we're doing here in Cedar Falls," said Cedar Falls Mayor Jim Brown. "A prime example is Sturgis Falls this weekend. Multiple millions of dollars coming into the community, plus a big factor I believe is the lost of the Pipac center earlier this year."

Powered by Frankly