Hughes Irons Building Rehab

Restoration of the Hughes Irons Building

Investment

  • NMTC Amount: $5,743,780
  • Total Project Cost: $7,170,169

IMPACT

  • 15 FTE jobs
  • 19 construction jobs
  • Rehabilitation of a vacant or under-utilized historic structure.
  • 44,000 sq. ft. of real estate

Investor

Project Description

The Pottawattamie County Development Corporation sponsored the historic renovation/reuse of a building that was once home to Hughes-Irons Motor Co. The downtown Council Bluffs building, built in 1914, is eligible for individual listing in the National Register of Historic Places for its significance as an early automobile sales and service business.

The redevelopment plan for the 44,000 sq. ft. building called for conversion to a mixed-use development comprised of street-level commercial space, more than half of which is leased to the Chamber of Commerce, and seventeen apartments on the upper floor. Also, 10,000 sq. ft. of interior space has been converted to nineteen parking spaces for the residential tenants of the building.

MAP

Address: 149 West Broadway, Council Bluffs, IA 51503

Census Tract: 19155030900

Other Iowa Projects

Swift Pork Company constructed a new 130,000 sq. ft. distribution center for this pork processing facility.
NMTC Allocation supported the adaptive reuse of a historic building into a mixed-use housing and business incubator in Clinton, IA.
Hawkeye Pride Egg constructed a new building and purchased equipment to enhance their process of breaking the eggs and separating the shells from the liquid.
$12 million in NMTCs financed 94 Habitat for Humanity homes across the state.