Where Growth is Driven
By Partnerships.
And we can prove it!
Partners
Boman Fine Arts Center
2019
This valuable asset features a 634 seat theatre and event center that hosts community, Forest City Schools and Waldorf University events and performances. The center also features an art gallery and glass enclosed upper mezzanine that offers a venue for meetings, workshops and wedding receptions.
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Budget
$10,000,000+
Partners
2 Public Sector
2 Private Sector
Partners
Westown Place Apartments
2017
Over the past several years the number of jobs in the Forest City area have expanded at a steady pace. With this growth we have stretched our available housing, especially in the rental markets, to capacity. Our apartment inventory is very small, and all are over 20 years old.
The city contracted with Maxfield Research and Consulting in 2015 to do an assessment of rental housing supply/demand. In summary, this analysis documented a demand for 74 additional rental units.
Budget
$7,100,000
Funding
Public/Private Partnership
Partners
Forest City
Hospitality
Cobblestone Hotel & Suites
2020
Developers are hopeful to have the hotel completed and open for business the summer of 2020 in time for the Country Thunder music festival. The hotel site will take up 2 acres, of the 6.8-acres on which it will be located. When finished, it will have two stories, 47 hotel rooms, a meeting room, pool, free hot breakfast, along with free Wi-Fi, refrigerators, microwaves and flatscreens in every room.
Budget
$4,300,000
Funding
Public/Private Partnership
Forest City Economic Development utilizes Location One Information System [LOIS]. The LOIS database is a real-time, online economic development site selection tool. It will provide you with a GIS-enhanced site database system with detailed information on buildings, sites, and locations for businesses looking to relocate or expand.
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