Our CR - March 2018

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Lil’ Drug Store Products Headquarters

Lil’ Drug Store Products is currently under construction on a new 100,000 square foot world headquarters at 9320 Earhart Lane SW, east of Interstate 380 in southwest Cedar Rapids. The project creates a $12-million facility that will serve as Lil’ Drug Store Products home office and distribution center. The project is LEED certified, meeting high design standards. It will create 11 new jobs as well as retain 50 existing jobs in Cedar Rapids. Lil’ Drug Store Products was founded in 1974 with the simple idea of providing travelers single doses of common over-thecounter medicines at convenience stores. Today, the company’s products are sold in more than 100,000 retail locations and its product portfolio has expanded into the health and beauty care, automotive, general merchandise and healthy snack categories.

Mott Lofts

The Mott Lofts project converted a historic warehouse, listed on the National Register of Historic Places, into both commercial businesses and residential apartments. Hobart Historic Restoration rehabilitated the building to create 16 market-rate, high end apartments that feature historic architectural detailing. The project resulted in a $5-million investment along the river, at 42 7th Avenue SW, close to the McGrath Amphitheatre. Commercial businesses occupy the first floor of the building. The project features river views, ample parking and a city park next door.

Berthel Fisher Financial Center

This $12-million development project, developed by 42nd and Edgewood, LLC, provides high-end office space, retail businesses and a restaurant. It serves as home to Berthel Fisher, Capriottis, and Wine Styles at 4201 42nd Street NW. The project continued the growth of the corporate and commercial corridor that features the Transamerica campus and the new office-commercial development, The Fountains. Berthel Fisher added 85 jobs in Cedar Rapids.

Grand Living at Indian Creek

Grand Living at Indian Creek is a 4-story, 192,000 square foot senior housing complex. It is currently under construction and will feature 164 units that include independent, assisted and memory care units with an additional 20,000 square foot underground parking garage. Residences will range in sizes from studio to 2 bedroom with a den. Grand Living at Indian Creek will feature formal, casual, and private dining in addition to a bistro and club room. It will also include a theater, wellness center and spa, library, woodworking shop, chapel, pet grooming center, piano and instrumental practice rooms. The project is located at 325 Collins Road SE and is anticipated to open in 2019. Ryan Companies US, Inc. developed this project that is a $32-million investment in Cedar Rapids and will create 70 new jobs.

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