City Council moves forward with Edgewood Industrial Park urban renewal area plan

During the City Planning Commission meeting on February 6, 2025, significant discussions centered around the proposed establishment of an Urban Renewal Area (URA) at Edgewood Industrial Park. This initiative is part of a broader strategy to enhance economic development in Cedar Rapids.

Scott Mather from the city manager's office presented the URA plan, highlighting that the City Council had previously authorized incentives for the redevelopment of a site located at the intersection of 60 Fourth Avenue Southwest and 20 Sixth Street Southwest. This redevelopment project aims to construct nine commercial buildings, which is expected to stimulate local economic activity.

The establishment of the URA is a critical step in this process, initiated by the City Council on January 28, 2025. The URA will undergo a review by the City Planning Commission to ensure it aligns with the community's long-term vision outlined in the Envision CR plan. This plan emphasizes the importance of fostering a sustainable and diverse economy, which includes supporting businesses and encouraging entrepreneurial growth.

The Edgewood Industrial Park area is designated as an employment reserve in the future land use plan, indicating its potential for job creation and economic expansion. The discussions at the meeting underscored the city's commitment to strategic development that not only meets current demands but also prepares for future growth.

As the City Planning Commission continues to evaluate the URA proposal, the outcomes of these discussions will play a crucial role in shaping Cedar Rapids' economic landscape. The next steps will involve further consultations with taxing agencies and stakeholders to ensure a comprehensive approach to the urban renewal process.