28-story high-rise gets Cedar Rapids staff support
BPC Staff May 16, 2016 | 8:24 pm
<1 min read time
0 wordsAll Latest News, Real Estate and Development, Statewide NewsCedar Rapids Gazette: A city panel is recommending a proposal for the tallest building ever in Cedar Rapids — a 28-story, $103 million tower — for a vacant plot in downtown. One Park Place, with a grocery store, a hotel, a rooftop restaurant, a spa, condos and a parking ramp, got the nod over two other projects, which officials said they also liked: a $33 million, 11-story proposal and a $33 million, 14-story proposal. Neumann Munson is a lead developer on One Park Place. The City Council will need to sign off, likely at its meeting on May 24. Additional contingencies would need to be met after that, including a financing and public assistance plan.