Great opportunity for real estate developer to bring a mixed use development to the Waterloo Downtown corridor. Located right off of HWY 63 and HWY 218, surrounded by a thriving area that includes shopping, dining, work and night life. Don't miss this opportunity for development in a city that is very friendly to development. Waterloo’s Central Business District has experienced gentrification during the last decade. The Waterloo Main Street Association and City of Waterloo have worked together to rejuvenate the downtown area. Major improvements in the last ten years include the following: ? Construction of Amphitheater along the Cedar River (River Renaissance Project) ? Development of trail system along the Cedar River ? Installation of a bladder dam to allow for recreation ? 68-unit Grand Crossing apartment complex ? Mixed Use Development with 36 residential uses and retail (Grand Crossing II) ? Redevelopment of more than 20 downtown buildings ? 72-unit apartment complex built in 2011 ? $27.5 million dollar sports complex with 130,000 sq ft built in 2012 ? Redevelopment of former John Deere factory into Techworks Campus that serves as a research and development-manufacturing center. The Techworks Campus includes a John Deere Museum, restaurant, 166-room Courtyard by Marriott plus professional office space ? $10 million renovation of KWWL Television Station building ? Redevelopment of the former Hostess Bakery building into a brewery/restaurant ? Construction of the Riverloop Expo Plaza, an outdoor plaza ? A new urban campus for Hawkeye Community College ? Renovation of the former Ramada Inn ? Art Block Project that contains 70 residential units plus commercial space In addition to the completed projects noted above, several are in the works, including: ? A new grocery store at the corner of Franklin Street and Highway 63 ? Marina along the river ? Various other mixed-use developments