Development Agreements

At a glance

  • What: Council development agreements for private projects: Ellis Blvd NW mixed use, the 219 2nd St SE adaptive reuse, and two agreements on the 2026-11-03 agenda with an OFB LLC entity and a Forge Inc entity.
  • Where it stands: The first two were approved on 2026-09-08. The two November agreements were on the 2026-11-03 agenda; outcomes are not known.
  • Next: Outcome of the 2026-11-03 agreements.

Details

  • Terms and amounts were not read from the packets.

Sources

Log

2026-09-08 - City Council

  • Approved agreements for the Ellis Blvd NW mixed use project and the 219 2nd St SE adaptive reuse.

2026-11-03 - City Council

  • Approved an agreement for a 4-unit townhome project ($969,000 investment, 15-year 100% tax rebate) and an agreement with Forge Inc for a 32-lot subdivision (50% rebate of public improvement costs up to $500,000). Video: https://cedarrapidsia.new.swagit.com/videos/405784