Construction has resumed on the Shoppes at Duck Creek Plaza development, Middle and E. Kimberly Road, Bettendorf, after a year-long delay. The first and only building, Burlington Coat Factory, was completed and opened a year ago. The developer recently received an extension to complete the second building under phase I of the redevelopment project, which is receiving Tax Increment Financing (TIF) rebates from the city. In return, the taxes to be rebated over the 11-year TIF were lowered from a total of $2.475 million to $2.45 million. A Dunn Bros coffee outlet is reportedly locating in the new building. If so, it will be the firm's first Iowa location.
The sale of one of Iowa’s largest nursing home chains has reportedly been completed, with 29 care facilities now in the hands of a private equity firm.
The state of Iowa has suspended $47,500 in fines against a southwest Iowa nursing home cited for inadequate staffing and the physical and verbal abuse of residents.
Lee Enterprises, Inc. – owner of the QC Times and Daily Dispatch/Argus – says it hit a "revenue inflection point" with more digital than print revenue in its third quarter.
But despite the transition milestone in digital revenue, the company lost $3.7 million (73 cents per share) during... more