21 November 2010

Closing Streets vs. Buying Hotels or doing neither in the City of Cedar Rapids


The Gazette is reporting in the Sunday edition of the newspaper in the story titled Cedar Rapids will announce purchase of Crowne Plaza that the City will acquire the Crowne Plaza Five Seasons Hotel as part of the U.S. Cellular Center/Events Center redevelopment plan.

Other recent news for Cedar Rapids:

Closing streets for the benefit of a private entity is very unusual, though it has been done once already for PCI, with the closing of Seven Street SE between Eighth and Seventh Avenue nearly twenty years ago. PCI has been awarded the 1000-1200 blocks of Second Avenue SE for their medical mall development.

Other local government news for Cedar Rapids:

Unemployment rate, Linn County, IA - Source: U.S. Bureau of Labor Statistics
6.3% of the labor force - Not seasonally adjusted - Sep 2010

peace