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Iowa City Council greenlights $56M Ped Mall development project


Iowa City Press-Citizen
Since 2017, a Mankato, Minnesota-based developer and property manager has been scooping up properties on the south side of College Street in downtown Iowa City s pedestrian mall. Two years of negotiations with city came to fruition Tuesday night, when the Iowa City Council signed off on a tax increment financing agreement to support a major renovation along the pedestrian mall in the city s core.
The Tailwind Group s $56.4 million redevelopment encompasses buildings that, prior to the pandemic, housed El Patron Restaurant to the west through Martini s on the east.
Here s a look at what to expect and what s next: ....

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