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CRMEA May/June Report 2018

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CULTIVATING ECONOMIC PROSPERITY THROUGH ENTREPRENEURIAL PARTNERSHIPS<br />

DRIVING DOWNTOWN DWELLING DEMAND • EXISTING INDUSTRY SNAPSHOT<br />

DOWNTOWN FARMERS’ MARKET NEWS • LFS CALLS FOR INTERNS<br />

REPORT<br />

MAY/JUNE <strong>2018</strong>


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BUSINESS INTERNET BUSINESS PHONE BUSINESS TV & MUSIC


New Look,<br />

New Opportunities<br />

Doug Neumann,<br />

Executive Director<br />

Welcome to the new Cedar Rapids Metro Economic Alliance <strong>Report</strong>!<br />

Melissa McCarville<br />

COMMUNICATIONS MANAGER<br />

Ellen Bardsley<br />

COMMUNICATIONS SPECIALIST<br />

Clarissa Koch<br />

GRAPHIC DESIGN SPECIALIST<br />

Judith Cobb<br />

CBJ ADVERTISING COORDINATOR<br />

Corridor Business Journal<br />

PRINTING & CIRCULATION<br />

WWW.CEDARRAPIDS.ORG<br />

ON THE COVER<br />

The latest Cedar Rapids<br />

Housing Market Analysis,<br />

commissioned annually by the<br />

City of Cedar Rapids, indicates<br />

housing and population<br />

growth rates in flood-affected<br />

areas are expected to outpace<br />

growth in surrounding<br />

neighborhoods due to<br />

increases in high-density<br />

housing downtown. Learn<br />

more on page 9!<br />

Based on feedback from Economic Alliance member businesses, we’re building on the ways we<br />

provide valuable information. Several communications changes have already been implemented,<br />

but this - the refreshed Economic Alliance <strong>Report</strong> - will be the most visible and apparent initiative,<br />

given its new distribution in the Corridor Business Journal.<br />

For those who might be seeing this for the first time and wondering what is the Cedar Rapids<br />

Metro Economic Alliance...allow me to explain. We’re a membership-based organization<br />

supporting all things growth - growth of our economy, our business community and our<br />

workforce. We don’t do this work alone. We have numerous strategic partners and collaborators<br />

within the community to assist our vision of becoming the top economic growth region in the<br />

country. Many of those partnerships are highlighted in this <strong>Report</strong>.<br />

For members who have been long-time readers, the purpose of this magazine is the same as the<br />

previous monthly <strong>Report</strong> you’ve received for years. We still want to provide you valuable, relevant<br />

information about businesses, the economy and how you can best get involved with and use your<br />

Economic Alliance membership. This new format and distribution strategy, though, allows us to<br />

up our game with an enhanced reader experience. We’ve reimagined how the <strong>Report</strong> looks, feels<br />

and how you read it. Within this issue, and issues to come, we look forward to bringing you more<br />

eye-catching design, and storytelling that clarifies how we work on our members’ behalf to build<br />

the regional economy.<br />

For Economic Alliance members who love reading the digital version of our <strong>Report</strong>s, and who<br />

appreciate receiving it via email or finding it on our website, that won’t change. Watch for the<br />

<strong>Report</strong> in your inbox the second Monday of every month. For members who didn’t previously<br />

receive the weekly Corridor Business Journal, you will begin receiving it on the second Monday of<br />

each month, which is the issue in which the Economic Alliance <strong>Report</strong> is distributed.<br />

We’re excited about this new look and new opportunity to connect with you. We hope it leads to<br />

even greater involvement of members in Economic Alliance initiatives, as we all work together to<br />

help businesses succeed and the economy thrive.<br />

Regards,<br />

Doug Neumann<br />

Executive Director<br />

ECONOMIC ALLIANCE REPORT<br />

3


UPCOMING EVENTS CALENDAR<br />

Greene<br />

square<br />

MAY<br />

18<br />

For our full Calendar of Events including<br />

member events, visit www.cedarrapids.org.<br />

Food Truck Fridays<br />

<strong>May</strong> 4 - Sept. 7, 11:00 a.m. - 2:00 p.m.<br />

Greene Square<br />

400 4th Ave. SE<br />

Joint Corridor<br />

Business PM<br />

Hosted By<br />

LFS Alumni Spring Breakfast<br />

<strong>May</strong> 25, 7:30 a.m. - 9:00 a.m.<br />

The Early Bird Cafe<br />

Thursday, <strong>May</strong> 24th, 4:30-6:30 pm<br />

Please join us for refreshments,wine and appetizers<br />

565 Cameron Way, #108, North Liberty<br />

319- 626- 6873<br />

Cohosts:<br />

*Complimentary for Chamber and EA members<br />

24<br />

333 First St. SE<br />

Great for all members, and<br />

especially new members!<br />

26<br />

2<br />

12<br />

TechBrew AM with Cammie Greif<br />

Co-Founder of Tax Act<br />

<strong>June</strong> 12, 8:00 a.m. - 9:00 a.m.<br />

Cedar Rapids Metro Economic Alliance<br />

501 First St. SE<br />

21<br />

Joint Corridor Business PM<br />

<strong>May</strong> 24, 4:30 p.m. - 6:30 p.m.<br />

565 Cameron Way, #108, North Liberty<br />

25<br />

Cedar Rapids Downtown<br />

Farmers’ Market<br />

<strong>May</strong> 26, 7:30 a.m. - Noon<br />

Downtown Cedar Rapids<br />

JUNE<br />

Cedar Rapids Downtown<br />

Farmers’ Market<br />

<strong>June</strong> 2, 7:30 a.m. - Noon<br />

Downtown Cedar Rapids<br />

Membership 101<br />

<strong>June</strong> 12, 3:30 p.m. - 5:00 p.m.<br />

Cedar Rapids Metro Economic Alliance<br />

501 First St. SE<br />

12<br />

BizMix: Plaid Swan<br />

<strong>June</strong> 21, 4:00 p.m. - 6:00 p.m.<br />

425 Second St. SE Ste. 300B<br />

4 MAY/JUNE <strong>2018</strong>


NEW<br />

MEMBERS<br />

AAVIN Private Equity<br />

1245 First Ave. SE, Cedar Rapids, IA | www.aavin.com<br />

Bauer Built Tire & Service<br />

628 58th Ave. Ct. SW, Cedar Rapids, IA | www.bauerbuilt.com<br />

Feldco Windows, Siding & Doors<br />

4920 Blairs Forest Ct. NE, Cedar Rapids, IA | www.4feldco.com<br />

Pinnacle Realty<br />

1918 St. Andrews Court NE, Cedar Rapids, IA | www.pinnaclerealtyia.com<br />

The Pointe School of Dance<br />

5331 North Park Place NE, Cedar Rapids, IA| www.thepointeschool.com<br />

The Y. For a Better Us.<br />

150 years of improving lives<br />

in the Cedar Rapids community.<br />

BECOME A<br />

MEMBER TODAY!<br />

Receive access to all five locations in the area plus<br />

any YMCA in the country, a large variety of free<br />

fitness classes daily, discounts on programs, financial<br />

assistance, free child watch and much more!<br />

Coming up in <strong>2018</strong>:<br />

<strong>June</strong> 8th-10th -<br />

Camp Wapsie Alumni Reunion<br />

<strong>June</strong> 9th -<br />

Camp Wapsie Centennial Celebration<br />

August 25th -<br />

“Cranking for 150 More” Y Bike Ride<br />

August 27th -<br />

Golf Classic Fundraiser<br />

November 3rd -<br />

YMCA 150th and Camp Wapsie 100th<br />

Anniversary Celebration Gala<br />

YMCA of the Cedar Rapids Metropolitan Area | www.crmetroymca.org<br />

ECONOMIC ALLIANCE REPORT<br />

5


DOWNTOWN<br />

CEDAR RAPIDS<br />

Sizzles<br />

IN SUMMER<br />

“Summer is a special time<br />

in Downtown Cedar Rapids.<br />

People are out and about<br />

enjoying amenities like bike<br />

lanes, community pianos,<br />

and unique events.<br />

The heart of the city comes<br />

alive with an energy not to<br />

be missed.”<br />

-Jesse Thoeming,<br />

Downtown Executive Director<br />

6 MAY/JUNE <strong>2018</strong><br />

COMMUNITY DEVELOPMENT<br />

Glasses clink from the tables of al fresco diners. Flowers bloom on<br />

every corner. Cyclists pedal down the bike lane towards a local<br />

brewery. Tunes from pianos fill the air. Welcome to summer in<br />

Downtown Cedar Rapids. Now, we prep. More than 200 planters are<br />

being filled with spring bulbs, so get ready for tons of color. Greene<br />

Square will once again be green, playing host to Food Truck Fridays<br />

<strong>May</strong> through September.<br />

Pops of color come in more forms than flowers. The Economic<br />

Alliance assisted the City of Cedar Rapids and Iowa BIG with<br />

support for a one-of-a-kind artwork initiative for seven storm drains.<br />

Community pianos are back by popular demand and will also be<br />

beautified by local artists. Look for both this month. And of course, the<br />

Downtown Farmers’ Market returns <strong>May</strong> 26. Read more market news<br />

on page 14.<br />

These beautification projects create a vibrant, lively downtown.<br />

Great downtowns pack a positive economic punch that benefits<br />

the entire city, with their high concentration of businesses and<br />

inhabitants. Our efforts create a district that keeps current and<br />

prospective residents coming back.


EXISTING INDUSTRY<br />

Insights, data and forecasts from business leaders drive the<br />

Economic Alliance’s priorities related to business expansion and<br />

retention, community development, business support and public<br />

policy. Data from our Existing Industry surveys in the past six<br />

months (Nov. 2017 – April <strong>2018</strong>) indicate optimistic outlooks for<br />

business growth, but show workforce availability and proposed<br />

legislative policies continue to be a concern for leaders.<br />

SNAPSHOT<br />

ECONOMIC DEVELOPMENT<br />

What the Economic Alliance is doing:<br />

• Workforce Availability: Workforce has been the top<br />

concern of businesses for several years now, with a<br />

combination of availability, stability and quality (see graphic)<br />

hurting businesses’ ability to grow. Your concerns were the<br />

primary reason we formed a joint venture with the Iowa<br />

City Area Development Group to create what’s now called<br />

ICR IOWA. Learn more about ICR IOWA’s efforts on page 9.<br />

Efforts extend beyond ICR IOWA with Economic Alliance<br />

partnerships, including the great work being done at<br />

Kirkwood Community College.<br />

• Legislative Policies: The adverse effects businesses noted<br />

regarding public policy include the uncertainties around<br />

tariffs and trade policies that directly affect Iowa’s economy.<br />

The Economic Alliance has represented businesses’ voice<br />

through our Congressional delegation on those issues. On a<br />

more promising legislative front, approval of the statewide<br />

Future Ready Iowa initiative should help make progress on<br />

workforce issues. The aim to get post-secondary education<br />

for 70% of Iowans by 2025 should boost available labor<br />

in high-demand career fields. The Economic Alliance has<br />

incorporated that goal as part of its scorecard metrics and<br />

will support the effort in every way possible.<br />

Availability Quality Stability Productivity<br />

Help Us Help You:<br />

We can only drive meaningful pro-growth strategies if we know<br />

what your business and your industry need to be successful. We<br />

represent the voice of the business community, and we want<br />

your voice to be heard. Reach out to Mike Lukan, Local Business<br />

Project Specialist at mlukan@cedarrapids.org or 319.730.1403<br />

to get connected to available resources and opportunities. 65.3%<br />

OF BUSINESSES SURVEYED<br />

48% 52% 68%<br />

7<br />

6<br />

5<br />

4<br />

3<br />

2<br />

1<br />

WORKFORCE CHARACTERISTICS<br />

3.77<br />

4.01<br />

3.77<br />

5.49<br />

5.21<br />

4.72<br />

5.31<br />

5.12<br />

5.16<br />

SEE RECENT AND ANTICIPATED<br />

LEGISLATIVE CHANGES<br />

ADVERSELY AFFECTING BUSINESS<br />

IN THE NEXT 5 YEARS<br />

5.61<br />

5.32<br />

5.54<br />

CR MSA ‘17 CR MSA ‘16 Iowa ‘17<br />

CR MSA<br />

‘16<br />

IOWA<br />

‘17<br />

CR MSA<br />

‘17<br />

BUSINESSES THAT PLAN TO<br />

EXPAND IN THE NEXT 3 YEARS<br />

ECONOMIC ALLIANCE REPORT<br />

7


STRATEGIZING PUBLIC POLICY<br />

PRIORITIES<br />

ECONOMIC DEVELOPMENT PUBLIC POLICY<br />

The Cedar Rapids Metro Economic Alliance is focused on<br />

the growth of our region and we work with our members to<br />

prioritize needs and implement strategies that make local<br />

businesses and our region successful. Our public policy strategy<br />

provides a unified voice of our members to advocate for progrowth<br />

and pro-business policies.<br />

With input from our more than 1,200 member businesses, our<br />

governance leadership, local municipalities and other strategic<br />

partners, we develop our yearly legislative agendas. Our state<br />

priorities this year have focused on programs that address<br />

workforce needs, meaningful tax reform and preserving economic<br />

development programs that help retain and recruit business. Our<br />

federal priorities have focused on pro-Iowa trade policies, job<br />

creating immigration reform and flood protection funding.<br />

PRIMARY ELECTION DAY ON JUNE 5<br />

VISION DOWNTOWN<br />

CEDAR RAPIDS<br />

PLAN OFFERS<br />

OPPORTUNITIES FOR<br />

DEVELOPMENT<br />

The historic flood of 2008 forever changed Cedar Rapids,<br />

but under strong leadership, the disaster was turned into<br />

possibility – an opportunity to reinvent the downtown.<br />

The Economic Alliance supports core district growth<br />

by implementing strategic plans for housing, signature<br />

streets and beautification, quality of life events and flood<br />

protection progress.<br />

In 2007, the Economic Alliance (then the Downtown<br />

District) along with other community partners,<br />

commissioned the first “Vision Downtown Cedar Rapids”<br />

plan, which provided a broad understanding of downtown’s<br />

purpose and helped to direct the energy and resources of<br />

future downtown development opportunities.<br />

With many of the initiatives realized and much of<br />

Downtown Cedar Rapids and surrounding districts<br />

transformed, we’re at a turning point.<br />

We saw early success when the Future Ready Iowa Act was<br />

signed into law after receiving unanimous support in both the<br />

House and Senate. The Economic Alliance hosted Governor<br />

Reynolds last year during her Future Ready Iowa Tour where<br />

members had the opportunity to provide feedback and<br />

recommendations to address our region’s workforce shortages<br />

and strategies to fill the skills gap. The law provides a plan<br />

for the state to create opportunities for more Iowans to have<br />

careers in high-demand fields by the year 2025.<br />

Our efforts continue through the year with strategies that<br />

utilize our state and national partners, staff lobbying and<br />

organized member grassroots advocacy.<br />

Electing pro-growth, pro-business candidates is vital to the Economic Alliance’s public policy advocacy efforts. This year Iowans will<br />

go to the polls to choose local, state and federal elected officials and our next chance to influence the outcome is on <strong>June</strong> 5,<br />

Primary Election Day. To vote in the Primary, you must be registered and choose a party affiliation. Go to the Iowa Secretary of<br />

State’s website, https://sos.iowa.gov, and look for the “Elections” section to view a full list of candidates and obtain information<br />

on how to register to vote.<br />

The most recent update to the plan in 2017 will launch an<br />

even bigger and brighter future thanks to some significant<br />

factors like undeveloped land, or impact sites, in the<br />

heart of downtown, collaborative district leadership and a<br />

general feeling of momentum for Downtown Cedar Rapids.<br />

You can read the entire updated Vision Downtown Cedar<br />

Rapids plan, on our website at www.cedarrapids.org/ourcommunity/downtown.<br />

8 MAY/JUNE <strong>2018</strong>


WHAT IS<br />

ICR IOWA?<br />

DRIVING<br />

DOWNTOWN<br />

DWELLING<br />

DEMAND<br />

COMMUNITY DEVELOPMENT<br />

The latest Cedar Rapids Housing Market Analysis commissioned<br />

annually by the City of Cedar Rapids, indicates that Downtown<br />

Cedar Rapids housing will continue to grow through 2030. New<br />

options are coming on the market all the time, supporting the<br />

demand. Higher populations of urban dwellers result in districts<br />

that are more viable for business success and improved vitality.<br />

Cedar Rapids developer Fred Timko certainly feels the<br />

continued demand for downtown housing. One of his newest<br />

projects, 15 rowhouse units called The Redstone in Kingston<br />

Village, is part of the surge of development in the downtown<br />

neighborhood of Kingston Village, an area severely impacted<br />

by 2008 flooding. Last year, the Economic Alliance assisted in<br />

securing Workforce Housing Tax Credits for The Redstone in<br />

Kingston Village. The purpose of the tax credit program is to<br />

take an abandoned, empty or decaying and neglected property<br />

and turn it into affordable housing for Iowa communities.<br />

In mid-April, after just two weeks of advertising, Fred received<br />

numerous inquiries about The Redstone, which formally<br />

opens in <strong>June</strong>. Many of the inquirers have been single, young<br />

professionals.<br />

The Redstone in Kingston Village was one of ten urban<br />

properties showcased on <strong>May</strong> 6, during Urban Living in<br />

Downtown Cedar Rapids. The open house event supports core<br />

district housing by bringing prospective downtown residents<br />

and property managers together to highlight the unique<br />

amenities enjoyed by those living downtown. If you couldn’t<br />

make the event, view our Interactive Downtown Housing Map<br />

on our website, at www.cedarrapids.org/our-community/coredistricts/downtown/housing.<br />

REGIONAL DEVELOPMENT<br />

ICR IOWA is the new external-facing brand for our<br />

seven-county region and the new name for our<br />

regional economic development group, a joint venture<br />

between the Economic Alliance and Iowa City Area<br />

Development Group. The organization is charged with<br />

leading the efforts to market our region, grow our<br />

workforce, and recruit more businesses and individuals<br />

to locate here.<br />

Collectively across the region, and from our Economic<br />

Alliance members, we understand that recruiting<br />

and retaining a sufficient workforce is a top concern.<br />

We are working together as a region to collectively<br />

strengthen our communities and strategically attract<br />

and develop the necessary talent for growth.<br />

To best identify each of the core areas of ICR IOWA’s<br />

work, the following sub-brands have been created:<br />

• Choose ICR - business attraction efforts<br />

• ICR Future - talent pipeline efforts<br />

• ICR Talent - workforce attraction and retention efforts<br />

• Inclusive ICR - diversity workforce efforts<br />

We are encouraging businesses, organizations, and our<br />

cities and counties to help us amplify ICR IOWA by<br />

using the brand in their own marketing.<br />

• Add the Proud to be in ICR IOWA logo to your<br />

website and printed materials, showcasing that<br />

you are a part of the region.<br />

Visit https://bit.ly/2r4qKnB to download logos.<br />

• Add #ICRIOWA to social media posts that showcase<br />

business growth, workforce development,<br />

and quality of life in our region.<br />

If you’re interested in learning more, please contact<br />

Jennifer Daly, President & CEO of ICR IOWA,<br />

at jdaly@icriowa.org.<br />

ECONOMIC ALLIANCE REPORT<br />

9


Cultivating Economic Prosperity Through<br />

Entrepreneurial Partnership<br />

COMMUNITY DEVELOPMENT<br />

Two years ago, the Economic Alliance announced a new<br />

partnership with the New Bohemian Innovation Collaborative,<br />

or NewBoCo, an organization focused on accelerating worldchanging<br />

ideas from Iowa. The flagship of the partnership<br />

is EntreFEST, one of the Midwest’s largest innovation and<br />

entrepreneurial conferences. EntreFEST has existed for nearly a<br />

decade, but <strong>2018</strong> marks the second year the Economic Alliance<br />

and NewBoCo are co-producing the event.<br />

Happening in Downtown Cedar Rapids and surrounding<br />

neighborhoods <strong>May</strong> 17-18, EntreFEST gathers hundreds from<br />

across the country to think outside of the box, learn about<br />

emerging technology trends and discover new ways to grow their<br />

business, no matter its size, from world-renowned experts.<br />

The Economic Alliance’s mission is to be the top economic growth<br />

region in the country. There are a lot of avenues to make that<br />

happen, like finding ways to assist businesses in their growth,<br />

advocating for business-friendly policies, offering programs and<br />

training opportunities to develop the region’s talent and planning<br />

events that spur community development, to name a few.<br />

Fostering a successful entrepreneurial ecosystem is another<br />

component in achieving economic prosperity. Startups and<br />

entrepreneurs take innovative approaches to solve problems and<br />

represent the job creators of tomorrow. A healthy entrepreneurial<br />

ecosystem supports a lasting, resilient business community.<br />

We also know that the entrepreneurial mindset can be incredibly<br />

valuable for members of the business community. Since the<br />

Economic Alliance and NewBoCo started co-producing the event,<br />

EntreFEST has been transformed into a corporate innovation event<br />

with programming that’s relevant for numerous people in virtually<br />

any organization. By nature, entrepreneurs must be nimble,<br />

constantly keep customers top of mind, be okay with making<br />

mistakes and are incredibly passionate about what they do.<br />

They’re deeply invested in the outcome of their business. These<br />

are all traits any business would desire in current and potential<br />

employees.<br />

We look forward to the next chapter in our partnership with<br />

NewBoCo and what it will bring for the business community<br />

and the entrepreneurial ecosystem. Find everything EntreFEST,<br />

including speakers, after-hours activities and more at<br />

www.EntreFEST.com.<br />

10 MAY/JUNE <strong>2018</strong>


Intern Welcome Reception | Coe College | Thursday,<br />

<strong>June</strong> 14 from 4:30 – 6:30 p.m.<br />

Interns will network, kick back with yard games, fill up<br />

on BBQ and treats and receive a special welcome from<br />

business community leaders.<br />

RETAINING WORKFORCE<br />

WITH THE LEADERSHIP FOR<br />

FIVE SEASONS COLLEGE &<br />

INTERN PROGRAM<br />

REGIONAL DEVELOPMENT<br />

Summer is quickly approaching, and with it brings summer<br />

interns. Businesses attract interns from near and far. Today’s<br />

interns are tomorrow’s full-time employees, and ultimately,<br />

we want those employees here. Enter the Leadership for Five<br />

Seasons College & Intern Program. Interns need to see what<br />

it’s like to live here before they decide to stay and know their<br />

employer values their growth. That’s why this year’s program<br />

has two parts: the Internship Summer Series and Quality of Life<br />

events.<br />

Internship Summer Series<br />

Higher learning institutions play an important role in retaining<br />

young talent. Presented in conjunction with Coe College, the<br />

Economic Alliance is collaborating with area business leaders<br />

to share their advice and insight. Interns will also hear from<br />

experts on relevant topics like time management, networking,<br />

professional branding, team building in a diverse workplace<br />

and more. Save these dates and share them with interns in your<br />

office:<br />

• Monday, <strong>June</strong> 25 from 4 – 5:30 p.m. | Athletic Recreation<br />

Complex, Coe College<br />

• Monday, July 16 from 4 – 5:30 p.m. | Athletic Recreation<br />

Complex, Coe College<br />

• Monday, August 6 from 4 – 5:30 p.m. | Athletic<br />

Recreation Complex, Coe College<br />

Quality of Life events are designed to connect interns outside<br />

of the office and showcase some of our community’s amazing<br />

quality of life amenities.<br />

Intern Progressive Dinner | Downtown Cedar Rapids +<br />

surrounding neighborhoods | evening of Saturday, July 21<br />

This is a popular event every summer. The downtown area<br />

has amazing, local restaurants, so we’re putting them<br />

center stage.<br />

Economic Alliance members can register for all events on<br />

our Events Calendar at www.cedarrapids.org. Questions?<br />

Contact Jordan Atwater, Leadership and Business Programs<br />

Specialist at jatwater@cedarrapids.org or 319.730.1412.<br />

Joint Corridor<br />

Business PM<br />

Hosted By<br />

Thursday, <strong>May</strong> 24th, 4:30-6:30 pm<br />

Please join us for refreshments,wine and appetizers<br />

565 Cameron Way, #108, North Liberty<br />

319- 626- 6873<br />

Cohosts:<br />

*Complimentary for Chamber and EA members<br />

ECONOMIC ALLIANCE REPORT<br />

11


CEDAR RAPIDS<br />

NAMED<br />

TECHNOLOGY<br />

COMMUNITY<br />

OF THE YEAR<br />

Doug Neumann, executive director,<br />

Cedar Rapids Metro Economic Alliance,<br />

accepts award in Des Moines<br />

COMMUNITY DEVELOPMENT<br />

Congratulations to Cedar Rapids for receiving the<br />

Technology Association of Iowa (TAI) Prometheus Award for<br />

Technology Community of the Year!<br />

Cedar Rapids was acknowledged as a leader in<br />

telecommunications, manufacturing and alternative<br />

energy. Our local companies improve the way<br />

we feed the world through bioprocessing and<br />

manufacturing, power the planet through<br />

alternative energy, and grow technical<br />

talent through Iowa’s premier code school<br />

and partnerships between employers and<br />

educational institutions.<br />

The Prometheus Awards acknowledge individuals<br />

and companies impacting Iowa’s $11 billion<br />

technology industry, which accounts for 8.8<br />

percent of the state’s GDP and employs over<br />

76,000 workers. Finalists and award winners<br />

epitomize the great talent and innovation<br />

that permeates through our state. We are<br />

proud Cedar Rapids is recognized as a<br />

leading community that embodies these<br />

characteristics.<br />

Thank you to our partners at NewBoCo for<br />

assisting the Economic Alliance in Cedar<br />

Rapids’ nomination.<br />

CELEBRATE ALL-STARS OF ICR WITH<br />

KIRKWOOD COMMUNITY COLLEGE!<br />

LARGE INVESTOR NEWS<br />

The event will begin with a networking reception,<br />

followed by lunch and the awards ceremony. Winners<br />

will be recognized from each of the following sectors:<br />

LUNCHEON<br />

<strong>May</strong> 24, <strong>2018</strong> | The Hotel at Kirkwood Center | 11:30am-1pm<br />

Advanced Manufacturing<br />

Architecture, Construction & Engineering<br />

Health Care<br />

Financial Service, Insurance & Customer Service<br />

Information Technology<br />

Transportation<br />

Join Kirkwood Community College in in celebrating the the All-Stars of<br />

ICR, Iowa City Cedar Rapids region!<br />

of ICR, Iowa City Cedar Rapids region!<br />

Thirteen “all-star” employees will be recognized for demonstrating<br />

leadership skills, work accomplishments and commitment to their careers.<br />

Thirteen Honorees represent “all-star” 18-35 employees year-olds will in diverse be recognized career fields across for a variety<br />

of industries. Winners were chosen by the ICR Iowa Industry Sector Boards.<br />

demonstrating leadership skills, work accomplishments and<br />

The event will begin with a networking reception, followed by lunch and the<br />

commitment to their careers. Honorees represent 18-35<br />

awards ceremony. Winners will be recognized from each of the following<br />

year-olds sectors: in diverse career fields across a variety of industries.<br />

Winners Advanced Manufacturing were chosen by the Architecture, ICR Iowa Construction Industry & Engineering Sector Boards.<br />

Health Care<br />

Information Technology<br />

12 MAY/JUNE <strong>2018</strong><br />

Individual fee: $49<br />

Financial Service , Insurance & Customer Service<br />

Transportation<br />

Individual fee: $49<br />

Table seating (10 people): $400<br />

Pre-registration is required by calling 319-398-1022.


Corridor Business Journal<br />

2345 Landon Road, Ste. 100<br />

North Liberty, IA 52317<br />

REFER - A - FRIEND PROGRAM<br />

ENDS JUNE 29<br />

Refer a friend, get rewarded!<br />

Members join the Economic Alliance to grow their business,<br />

connect with resources and business leaders, develop their<br />

team and community leaders and help build our region,<br />

workforce, economy and quality of life. Know of a business that<br />

isn’t a member yet but needs to get in on the action? Refer<br />

them to become a member and YOU could receive one of the<br />

rewards shown on the right, as our way of saying “thank you!”<br />

ONE TWO-HOUR CONFERENCE<br />

ROOM RENTAL CREDIT<br />

ONE BANNER AD IN A<br />

MONTHLY EBLAST<br />

MEMBERSHIP<br />

Don’t wait! If you refer a friend, they must become a member<br />

by Friday, <strong>June</strong> 29 for you to receive your reward. Send<br />

your friend a link to the Become a Member form at www.<br />

cedarrapids.org/membership/become-member and remind<br />

them to fill in who referred them (that’s you!)<br />

ONE TICKET TO A<br />

SIGNATURE EVENT<br />

Any questions? Contact Jody Guither, Business Relations<br />

Specialist at jguither@cedarrapids.org or 319.730.1404.<br />

GETCONNECTED…<br />

2017<br />

$2.00 I A LOCALLY OWNED BUSINESS WEEKLY IN IOWA’S CREATIVE CORRIDOR I JULY 17 - 23, 2017<br />

2017's Best of<br />

the Corridor II<br />

Sparks fly when we discuss who’s the best in the<br />

Corridor. In the spirit of democracy, however, the<br />

CBJ held a calm and orderly vote by readers back in<br />

<strong>June</strong>, which we call our annual Best of the Corridor<br />

competition. After profiling the first group of 25<br />

winners in last week’s edition, we invite you turn the<br />

page to see who cleaned up in Best Cleaning Service,<br />

who locked down Best Security Company, and who<br />

wrote the book on Best Printer, among others. >><br />

CBJ's Hall<br />

of Fame<br />

See the nex two<br />

businesses to be<br />

inducted into the<br />

Corridor's most<br />

exclusive club.<br />

$2.00 I A LOCALLY OWNED BUSINESS WEEKLY IN IOWA’S CREATIVE CORRIDOR I APRIL 16 - 22, <strong>2018</strong><br />

Fireworks burst around the Tree of Five Seasons in downtown Cedar Rapids. PHOTO WILLIAM BUCKETS<br />

HALL<br />

OF<br />

FAME<br />

CULTIVATING ECONOMIC PROSPERITY THROUGH ENTREPRENEURIAL PARTNERSHIPS<br />

DRIVING DOWNTOWN DWELLING DEMAND • EXISTING INDUSTRY SNAPSHOT<br />

DOWNTOWN FARMERS’ MARKET NEWS • LFS CALLS FOR INTERNS<br />

R E P O R T<br />

MAY/JUNE <strong>2018</strong><br />

When you promote your<br />

business in the monthly Cedar<br />

Rapids Metro Economic Alliance<br />

<strong>Report</strong>, you connect with a wide<br />

audience of decision makers.<br />

The CBJ has been proud to serve<br />

business news to a targeted<br />

audience of community leaders<br />

and top professionals since 2004.<br />

FOR ADVERTISING RATES CONTACT:<br />

Judith Cobb at (319) 665-6397, ext. 318 or judith@corridorbusiness.com<br />

Corridor Business Journal<br />

2345 Landon Road, Ste. 100<br />

North Liberty, IA 52317<br />

NEXT WEEK’S CBJ<br />

The April 23rd edition of the CBJ wi l include a special senior<br />

living section. The focus wi l be Going Up: Building Projects in the<br />

Corridor and the CBJ List wi l be Architecture Firms.<br />

ECONOMIC ALLIANCE REPORT<br />

13


Produce & flowers<br />

Toiletries & Pet Items<br />

Specialty Food & Alcohol<br />

Prepared Food & Baked Goods<br />

Artisans<br />

KWWL<br />

KCRG<br />

The<br />

Gazette<br />

DAY<br />

SPONSORS<br />

DAY<br />

SPONSORS<br />

WMT<br />

MAY 26<br />

JUNE 2<br />

JUNE 16<br />

JULY 7<br />

JULY 21<br />

AUGUST 4<br />

AUGUST 18<br />

SEPTEMBER 1<br />

NEW START DATE FOR 13TH<br />

SEASON OF CEDAR RAPIDS<br />

DOWNTOWN FARMERS’ MARKETS<br />

COMMUNITY DEVELOPMENT<br />

Downtown Farmers’ Market Saturdays are closer than you may<br />

think! The Cedar Rapids Downtown Farmers’ Market presented<br />

by Cedar Rapids Bank & Trust begins Saturday, <strong>May</strong> 26 from<br />

7:30 a.m. to noon.<br />

Each Downtown Farmers’ Market brings an average of 14,000<br />

people to Downtown Cedar Rapids. Not only does the event<br />

serve as a catalyst for small businesses in Iowa who are selected<br />

to vend, but brick and mortar businesses in the venue and<br />

surrounding area benefit from the thousands of potential<br />

customers. Each Downtown Farmers’ Market season sees an<br />

average economic impact of $3.1M to our community.<br />

Search by vendor name or product type as you plan your<br />

morning at the Downtown Farmers’ Market, using the online<br />

venue map, available at CRDowntownMarket.com. Be sure<br />

to pick up the Sunday, <strong>May</strong> 20 edition of The Gazette for our<br />

Downtown Farmers’ Market Guide, filled with the venue map,<br />

entertainment, market tips and more. The Downtown Farmers’<br />

Market Guide is the perfect companion all market season long.<br />

New This Season: Mug Club, which offers exclusive deals<br />

and discounts from a variety of vendors all season long<br />

14 MAY/JUNE <strong>2018</strong><br />

BASKET<br />

BOWTIQUE<br />

126B<br />

2S<br />

KGAN<br />

MARIE’S<br />

JEWELRY<br />

106<br />

108<br />

110<br />

112<br />

114<br />

116<br />

118<br />

120<br />

122<br />

124<br />

126<br />

SIMPLY<br />

DIVINE<br />

2nd St. SE<br />

87<br />

89<br />

102<br />

85<br />

100<br />

128<br />

83<br />

98<br />

130<br />

2nd Ave. SE<br />

81<br />

BALLOON<br />

ANIMALS<br />

96<br />

NEED PIZZA<br />

GRINGOS<br />

94<br />

2A<br />

92<br />

ENCHANTED<br />

GIFT<br />

COFFEE<br />

EMPORIUM<br />

PARKING<br />

111<br />

2A GRIN ‘N’<br />

2A 2A<br />

GOOSE<br />

113<br />

PUB 217<br />

INSIGHTS<br />

BOUTIQUE<br />

PARKING<br />

ART<br />

MUSEUM<br />

125<br />

3A 3A 3A<br />

127<br />

3rd Ave. SE<br />

3A<br />

MAP KEY<br />

90<br />

88<br />

4th Ave. SE<br />

86<br />

84<br />

3S<br />

SNAP<br />

CRBT<br />

3rd St. SE<br />

INFO<br />

when you show your mug. It’s not just for<br />

coffee! Discounts will extend to all types of<br />

products with participating vendors. Purchase<br />

the mug (pictured right) for $10 online<br />

at CRDowntownMarket.com, at our office<br />

(501 First St. SE, Cedar Rapids) or at the Info<br />

Booth every Downtown Farmers’ Market.<br />

A list of Mug Club specials can be found at<br />

CRDowntownMarket.com. See you downtown<br />

on Saturday, <strong>May</strong> 26!<br />

Thanks to our<br />

Presenting Sponsor<br />

91<br />

93<br />

95<br />

132<br />

79<br />

97<br />

134<br />

77<br />

99<br />

Media<br />

com<br />

75<br />

101<br />

138<br />

73<br />

103<br />

140<br />

105<br />

142<br />

COLORING<br />

MURAL<br />

107<br />

Wick<br />

wire<br />

109<br />

144<br />

146<br />

148<br />

NP<br />

152<br />

154<br />

FACEPAINTING<br />

115<br />

117<br />

119<br />

121<br />

129<br />

131<br />

133<br />

135<br />

3S<br />

3S<br />

KZIA<br />

VanDer<br />

Ginst<br />

82<br />

71<br />

156<br />

139<br />

80<br />

69<br />

158<br />

141<br />

ImOn<br />

67<br />

160<br />

143<br />

76<br />

65<br />

162<br />

145<br />

2A<br />

74<br />

63<br />

166<br />

147<br />

3A<br />

72<br />

61<br />

168<br />

149<br />

BRICKS BAR<br />

70<br />

59<br />

170<br />

151<br />

68<br />

57<br />

172<br />

153<br />

66<br />

55<br />

174<br />

155<br />

176<br />

157<br />

64<br />

53<br />

178<br />

159<br />

Life<br />

101.9<br />

Stage<br />

BALLOON<br />

ANIMALS<br />

51<br />

180<br />

161<br />

60<br />

182<br />

163<br />

49<br />

58<br />

184<br />

165<br />

47<br />

2A<br />

56<br />

186<br />

167<br />

45<br />

3A<br />

54<br />

188<br />

169<br />

ADDITIONAL<br />

ENTERTAINMENT<br />

43<br />

52<br />

190<br />

171<br />

Greene Square<br />

41<br />

BIKE CORRAL<br />

50<br />

192<br />

173<br />

39<br />

5S<br />

48<br />

5S<br />

194<br />

175<br />

46<br />

44<br />

NP<br />

40<br />

38<br />

36<br />

34<br />

NP<br />

30<br />

28<br />

26<br />

24<br />

22<br />

196<br />

177<br />

20<br />

18<br />

16<br />

14<br />

12<br />

10<br />

8<br />

6<br />

4<br />

2<br />

5th St. SE<br />

37<br />

35<br />

33<br />

31<br />

29<br />

27<br />

25<br />

23<br />

19<br />

15<br />

13<br />

11<br />

9<br />

7<br />

5<br />

3<br />

1<br />

5S 5S<br />

Pick Up Your<br />

Mug Club Mug at the<br />

Info Booth for $10!


ROBERT HALF:<br />

A PIONEER<br />

IN PROFESSIONAL<br />

STAFFING<br />

MEMBER<br />

SPOTLIGHT<br />

MEMBERSHIP<br />

Robert Half is a specialized staffing firm with 300 locations across<br />

the globe. The Cedar Rapids office services Cedar Rapids, Iowa City,<br />

Waterloo and Cedar Falls. We spoke with Julie Albert, Cedar Rapids<br />

Branch Manager, to learn more about Robert Half and trends they’re<br />

seeing in the current job market.<br />

What makes Robert Half unique?<br />

We match great people with great companies. Robert Half is the<br />

world’s first and largest specialized staffing firm, as we pioneered the<br />

idea of professional staffing services nearly 70 years ago. As the needs<br />

of businesses have evolved, so have we. Our clients and candidates<br />

find value in professional-level staffing, which is why we launched a<br />

series of professional staffing divisions in the finance and accounting,<br />

legal, creative and marketing, technology and administrative fields.<br />

Specialization benefits both us and our clients because we can<br />

focus on the top 10% of local candidates to make sure we’re placing<br />

qualified and readily available professionals.<br />

Availability of workforce is a top concern<br />

for our member businesses. What strategy<br />

does Robert Half use to find qualified<br />

candidates for businesses with open<br />

positions?<br />

Iowa’s unemployment rate recently hit an 18-year low. This is very<br />

positive news for job seekers and our local economy, but it can prove<br />

difficult for businesses looking to hire top talent. In this case, it’s<br />

important for employers to reach candidates who are both actively<br />

and passively seeking a new job opportunity. A passive candidate is<br />

someone who’s currently employed and not actively searching for a<br />

job, but may be open to changing positions if the right opportunity<br />

arose. That’s the advantage of partnering with a specialized staffing<br />

firm such as Robert Half; we have access to an extensive network of<br />

both active and passive job seekers, and can identify the right match in<br />

terms of skills, as well as corporate culture fit.<br />

Another trend we’re seeing is more employers – and candidates –<br />

interested in temp-to-full time positions. Hiring a full-time employee is<br />

an investment for businesses, and temp-to-full time is an ideal way for<br />

the candidate and employer to try each other out before making a final<br />

decision. Businesses that adopt a temp-to-hire strategy benefit from<br />

observing job candidates firsthand — and by hiring people who’ve<br />

gained a familiarity with the organization and its corporate culture.<br />

This approach to staffing provides a hands-on, realistic way of choosing<br />

a new employee with a lower risk of a hiring mistake.<br />

Learn more about Robert Half on their website, RobertHalf.com.<br />

ECONOMIC ALLIANCE REPORT<br />

15


Stop the burnout<br />

Upgrade to LED lighting<br />

LEDs last 25 times longer than traditional bulbs. That means less time changing<br />

bulbs and more time running your business. With money-saving rebates, it’s the<br />

perfect time to make the switch.<br />

alliantenergy.com/rebates<br />

1-866-ALLIANT (866-255-4268)<br />

Rebates are for existing buildings only. Must be ENERGY STAR ®<br />

or DesignLights Consortium ® (DLC) qualified.<br />

© <strong>2018</strong> Alliant Energy 6280701 3/18 MJ

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