Business Expansion Projects Move Forward in the Face of Coronavirus
Jun 01, 2020
While no industry has gone untouched in the face of the coronavirus pandemic, a number of business expansion projects that began before the pandemic are continuing to move forward, including:
- Construction continues on locally owned transportation and logistic company Westside Transportation’s new headquarters off of Sixth Street in Cedar Rapids.
- The Midwest Commerce Park’s 250,000 square foot food-grade warehouse and distribution center on Atlantic Drive SW in Cedar Rapids is still on track for completion this year and ready for their first tenant, Worley Warehousing.
- Biospringer, a global producer of natural flavor bases and flavor building blocks, is moving forward with their $29 million expansion of their yeast extract site in Cedar Rapids to support the growing market trend for natural origin ingredients derived from fermentation.
- The $32.3 million UPS air cargo facility at the Eastern Iowa Airport is also making headway. Construction will start later this year and occupancy is expected spring of 2021.
- After its purchase of the Hawkeye Downs property, CellSite Solutions continues its plans to build a 60,000 square foot headquarters.
This information is as of print of this article. Tracking and publicizing capital investment for existing industry expansion and retention projects is part of our 2020 strategic plan. To see a list of existing industry expansion and retention projects over the last few years, check out our Building to Billion and Beyond publication at www.cedarrapids.org/our-region/business-retention-expansion.