CBJ REPORT: Corridor municipalities to sign 'no poaching' plan this week
Every week, the Corridor Business Journal shares stories it's working on with CBS2/FOX28. Here are some of their top stories that will appear in Monday's edition of the CBJ.
Corridor municipalities to sign 'no poaching' plan this week
Three Corridor cities will sign a plan tomorrow morning agreeing not to lure businesses from one another.
Mayors of Iowa City, Coralville and North Liberty will sign a document that says they will refrain from actively recruiting existing businesses to move to their city. It also lays out a series of steps for communication if a business decides to move on its own.
The agreement comes almost seven years after Coralville gave Von Maur nearly $10 million in assistance to relocate from Iowa City. The issue came up again in 2015 when Iowa City-based Leepfrog Technologies expanded to Coralville and requested tax incentives.
IIC launches program to help revitalize downtown buildings
In development news, the city of Iowa City is bringing back a program aimed at revitalizing buildings in the Downtown and Northside neighborhoods.
The “Building Change” program will offer grants and low-interest loans for projects like façade renovations and accessibility improvements. It’s designed for projects costing a minimum of $10,000, and will be funded by local lenders including Hills Bank, MidWestOne and UICCU.
Applications are now being accepted through Feb. 15. Those can be found at icgov.org.
Atlas study says Hawkeye State is losing fewer residents
The Hawkeye State is losing fewer residents than in years past.
That’s the conclusion of Atlas Van Lines and its annual migration study. The national moving company tracks interstate moves each year, and for the first time since 2014, moves into Iowa balanced with moves out.
Overall, the Midwest was home to the most outbound states of any region. Illinois, Nebraska, Kansas and South Dakota all ranking in the top 10 for losses.
Nevada was the state with the most moves in, while West Virginia lost the most residents last year.