Waterloo, Iowa Economic Opportunity and Rebuilding

This is Waterloo anew…

In the last two decades the City of Waterloo, the WDC, and Vandewalle & Associates have achieved a remarkable transformation of this mid-sized city–and in so doing have invented processes that can be applied to retool many manufacturing-driven Midwestern cities. Vandewalle & Associates’ roles have included helping to identify economic opportunities, shaping a powerful vision, devising catalytic projects with great added value for the region, managing implementation, forging public-private partnerships … and helping procure over $20 million in project funding to make it happen.

The results: A revitalized riverfront and downtown. Total public and private investment is now over $200 million in downtown Waterloo, including a new amphitheater, SportsPlex, and reuse of former John Deere buildings.

Now in the works: TechWorks, a bioindustry showcase. In 2004, Vandewalle & Associates helped to prepare an application to the State of Iowa for the rehabilitation of former John Deere buildings into the Cedar Valley TechWorks to be used as a national showcase for the emerging bioindustry. The project was ultimately awarded $3.2 million in IEDA funding to renovate the existing buildings and pursue biomaterials tenants and exhibitors.

Other projects that will soon be bringing even more people and activity downtown include new housing at the former Grand Hotel site, and a potential new brew pub in the former Hostess Wonder Bread bakery.