ApprovedOther
EOP Development LLC Master Plan Redevelopment Agreement
Description
A $40 million commercial redevelopment deal passed after neighbor objections — the developer must build streets by the end of 2027, finish by 2035, and create 100 new full-time jobs to earn a 10-year, 50% tax rebate.
Impact summary
Transforms a long-vacant eyesore into a commercial campus, but neighbors fear traffic, a gas station, and stormwater impacts on nearby homes.
Applicant
- Name
- EOP Development LLC (Kerry Pannozzo)
- Address
- Former Transamerica site along Edgewood Road NE and 42nd Street NE
At a glance
- Hearings
- 1
- Public comments
- 0
- Total mentions
- 1
Last vote · City Council
Approved
Last discussed Mar 24, 2026.
We'll email you when it's on an upcoming agenda, when it's voted on and when its status changes, at most once a day.
The weekly brief for Cedar Rapids
What the council decided, in plain English — one email a week.
Free. Unsubscribe with one click any time. We never sell your email.