C: 515.669.1275 |
P: 515.222.1347 C: 515.240.7500 |
Description:
500 acres m/l of prime commercial & multifamily development land ideally located on the new 2.0 mile corridor known as Route 242, connecting Hwy 54 to Horse-shoe Bend Pkwy and the community toll bridge. Unparalleled opportunity and exposure on Route 242, the new “gateway” to the lake. Incentives available due to property being located in Transportation Development District and Tax In-crement Financing District.
Surrounding Regional Features
Prewitt’s Point is located south of the site and features Hy-Vee’s flagship grocery store, Lowe’s, and Marshall’s along with restaurants such as Outback Steakhouse, Chili’s, Steak & Shake and other local eateries.
Located at the west end of the corridor is a retail center anchored by Paul’s grocery store and also features a restaurant, hair salon, and gift shop. Area banks, health clinics, pharmacy, elementary school, and many local gift/tourist shops can be found within ¼ mile of the corridor.
Located at the east end of the corridor is the new Eagle’s Landing retail center which features Menard’s, Kohl’s and CVS with construction commencing August 2011.
Directions:
Property is located at new Hwy 54 expressway/Hwy 242 interchange across the street and with shared signalized intersection with Menards, Kohl’s and other major retail sites.
Downloads:
![]() August 9, 2011 Press Release |
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Photos:
Regional Conceptual Development Plan:

© 2011 Peoples Company We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
LIcensed broker in the State of Iowa and the State of Missouri