Coralville Arena

Coralville,
IA
(2018)

Coralville Arena

Iowa Arena in Coralville construction project received NMTC financing.

Investment

NMTC Amount: $15,876,000
Total Project Cost: $90,501,079

IMPACT

120 FTE jobs
388 construction jobs
30,000 sq. ft. of real estate

CDEs

Iowa Community Development

Investor

Unknown

Project Description

ArenaCo, a non-profit community development corporation, was formed to own and operate the Xtream Arena & Fieldhouse in Coralville. Xtream will be a multi-purpose facility featuring an approximately 6,200 seat arena and a multi-use sports facility and athlete training center. The arena will be located at the Iowa River Landing, an 180-acre mixed-use development just off of Interstate 80. An analysis found that the total economic impact of this new district will be in excess of $1.4 billion over a 20 year period.

MAP

Address: 801 East Second Avenue, Coralville, IA 52241

Census Tract: 19103000200

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