CBJ Report: Fast growing Corridor business expanding
As 51st Street realignment nears end, redevelopment nears
With the realignment of 51st Street NE in Cedar Rapids nearing completion, the McGrath Family of Dealerships is looking to use part of the land the city purchased for the project as part of a redevelopment of its dealership campus.
The city council began steps Tuesday to initiate a sale of a 2.5-acre parcel at 5131 Council St. NE at the request of McGrath President Pat McGrath.
McGrath recently acquired the former Zimmerman-Houdek used car dealership property at 1600 51st St. NE, and previously acquired the former Junge Automotive new car dealership site at 1510 Collins Road NE.
The two acquired properties are "situated on either side of this property," according to a memo from Caleb Mason, the city's economic development analyst. "McGrath intends to submit a development plan for this site correlating to an overall plan for the McGrath Auto campus, and therefore is requesting the city initiate the request for proposal to sell this property," he wrote.
Mr. Mason told council members the city has requested an appraisal of the property. It is assessed at $618,000. Completion of the street realignment is expected to take about two more months. The council will hold a public hearing Oct. 30 on the sale of the property, and plans to set a Nov. 14 deadline for all proposals to acquire the site.
Tomas Cardella's big hiring plans
The CBJ learned Thursday that Thomas L. Cardella & Associates is planning to hire 800 people and open four new call centers around the country, as part of its biggest expansion in history.
One of those new call centers will be located in Keokuk, while the company’s Marshalltown facility will also add 75 people.
Founder and president Tom Cardella credits an expanded sales team and industry consolidation for the explosive growth.
The company is a frequent presence on the CBJ’s annual Fastest Growing Companies list, and set CBJ's all-time record in 2010, with two-year growth of more than 900%.
Infinity to add at least 25 positions in Corridor
Infinity Inc., an inside sales agency headquartered in Cedar Rapids, has announced plans to hire at least 25 full and part-time sales and retention professionals locally and add more than 100 new workers to its metro Detroit offices.
This growth comes on the heels of the company's 2016 rebranding, during which Infinity transformed into a data-driven sales agency.
"We see this growth as confirmation from the market that the old contact center model is dead," Infinity CEO Thomas Leidigh said in a press release. "Our clients are looking for a more professional sales solution, and that's what we've been able to offer since our rebranding."
Infinity was founded in 1996 as Infinity Contact, a direct marketing company serving the automotive industry. In 2000, it expanded to include business-to-business telemarketing services in the automotive, financial, digital and software industries. In 2015, the organization underwent a rebranding and emerged in 2016 as Infinity.