$2.00 I A LOCALLY OWNED BUSINESS WEEKLY IN IOWA’S CREATIVE CORRIDOR I JAN. 28 - FEB. 3, 2019By Katharine Carlonkatharine@corridorbusiness.comMarie Kerbeshian jokes with her colleagues that the innovationscoming out of the University of Iowa todaymight not see any revenue returned to the universityuntil long after they’ve retired.First, there’s the three- to five-year delay betweenfiling an initial provisional patent and final approval.“And since our biggest blockbusters are coming out ofThe UI BioVentures Center, which provides lab and office space for life science companies. CREDIT UIINNOVATION PAGE 4Jon Darsee is leveraging lessons learnedas a member of the Hawkeye basketballteam to help his alma mater innovate fasterand better.F&M Bank’s newpresident and CEOtalks about where hesees the ag economygoing in 2019.PAGE 10The Feb. 4 edition will launch our first of theCBJ’s new six-part series, (un)hired help.PAGE 3Veteran executiveTom Pientok is back inaction as the new chiefexecutive of TimberlineManufacturing.PAGE 11Plans have emerged for a $25 millioncommercial development called RiverRidge Square and a 190,000-square-footFleet Farm store in Cedar Rapids.PAGE 12The Greater Iowa City Area Home BuildersAssociation’s monthly newsletter Builders News.Corridor Business JournalWhy CBJ?For 15 years, CBJ has been the Corridor’s trusted source forlocal business news. You reach a sophisticated audience withmajor purchasing and decision-making power in every sectorof the Corridor.Our audience relies on us to provide them relevantinformation across a full spectrum of content delivery points.MONDAY, AUG. 26, 2019 | IN THIS ISSUEHawkeye Hotels expands portfolio with Pittsburgh acquisitionNewBoCo collaboration among Google Impact Challenge winnersCollins Aerospace joint venture awarded $22M contractGrow Solar Linn County reaches discount milestoneKalona SuperNatural takes fair blue ribbon honors for third yearShort-Term Event PlannerHawkeye Hotels expands portfolio with Pittsburgh acquisitionCoralville-based Hawkeye Hotels has closed on theacquisition of the Hampton Inn & Suites by Hilton inCranberry Township, 20 miles north of Pittsburgh, ina move that expands its footprint in the northeasternUnited States.With this acquisition, the company is positioned todevelop additional hotels in the Pittsburgh area,across Pennsylvania and beyond. Hawkeye Hotelsis also developing a 150-room Holiday Inn in Erie,which is under construction and expected to open in2020."We are excited to explore further opportunities inPittsburgh and surrounding markets as we continueto grow our development pipeline and hotelportfolio," said Om Patel, director of development forHawkeye Hotels, in a release. "We look forward todeveloping new partnerships in this region."Hampton Inn & Suites, Cranberry Township,Other notable Hawkeye Hotels properties in various Pennsylvania. CREDIT HILTON.COMstages of development include: the historic Hotel Fort Des Moines in downtown Des Moines, Iowa; threenew hotels within one block of downtown Milwaukee; 14 hotels in the greater Minneapolis area; and twoof the newest Moxy brand hotels by Marriott - in downtown Omaha, Nebraska, and downtown St. Louis.The Iowa-based company is venturing into the northeast after developing, redeveloping and operatingdozens of hotels in other regions of the United States.This particular Hampton Inn & Suites in Cranberry opened less than a year ago and includes a moderndesign, plus a fitness center, business center and indoor pool. Located in central Cranberry, thisHampton Inn & Suites serves one of the fastest growing areas in the Pittsburgh metro area.Hawkeye Hotels was founded in 1982 with one roadside hotel in Mena, Arkansas. Today, the firm ownsand operates over 50 hotels across the country. Hawkeye Hotels employs over 1,500 staff across itsportfolio of hotels and corporate offices. The firm maintains lasting affiliations with brands such asMarriott, Hilton, InterContinental and Starwood.NewBoCo collaboration among Google Impact Challenge winnersThe New Bohemian Innovation Collaborative, a joint project with the Iowa Department of Corrections, wasone of five winning nonprofits for Iowa's Google.org Impact Challenge, Google announced Friday.The Cedar Rapids-based organization is expanding its current coding boot camp to train incarceratedindividuals to become software developers and find gainful employment opportunities upon their release.The partnership with the state department of corrections will be piloted in the Iowa Women's CorrectionalInstitution in Mitchellville.Inside Iowa’sinnovation factoryThe University of Iowa is home to top-flight researchersand facilities – but what exactly are they coming up with?Corridor Business Journal2345 Landon Road, Ste. 100North Liberty, IA 52317Innovator in chiefCBJ Q&A:Nate DunnNext WeekInsidePientok joinsTimberlineEdgewood Town CenterDIGITAL PRINT EVENTSPAGES 4-7All five winning organizations will receive $175,000 and Iowans are invited to vote for the 'People's Choice'winner, who will be awarded an additional $125,000. In total, Google.org will contribute $1 million to Iowannonprofit organizations through the Impact Challenge. The Google.org Impact Challenge supports 'Growwith Google,' the tech company's initiative to create economic opportunities for people across thecountry.Diversify your marketing messagePAGES 8-18 PAGE 19On the Cover: E Pluribus by Ralph Helmick hangs in the center of thecentral atrium of the Federal Courthouse in Cedar Rapids. Laser-cutperforated metal profiles of local citizens form concentric rings. Theirconvergence and dispersal mirrors the life of a jury of peers as it reaches averdict and then separates.What do our readers say?"Best and most accurateand unbiased newssource in Iowa.""I appreciate the focuson the region…it’scurrent, features regionalnewsmakers and theirperspectives, readable,balanced.""Great local businessnews, progressiveadvocate for Corridorthought which I believe iscritical for the long-termeconomic viability for ourcommunity.""It is my main connectionto what is happening inthe Corridor."Photographer: Robert BensonArchitect: OPN ArchitectsDesign Architect: William Rawn Associates2 CBJ MEDIA GUIDE 2020
It’s who you reach. Discover what’s in it for you.DEMOGRAPHICSINCOME40% $100,000-174,99929% $50,000-99,99916% $175,000-249,99910% $250,000+EDUCATION41% 4-Year College Degree44% Advanced DegreeAUDIENCE ENGAGEMENTPOSITIONS44% CEO, President,Owner, Partner22% VP & C-Suite34% Other TitlePersonnel, Director89%78%54%Are involved in purchasingproducts for the companyHave taken action as a resultof reading an articleHave taken action basedon seeing an adREADERSHIP4.6READERS PER COPY62%OF READERS SPEND 30 MINUTESOR MORE READING THE CBJ9,000TOTAL WEEKLY PRINT REACHSource: CVC AuditedCBJ MEDIA GUIDE 20203
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