News

Fort Dodge Community Foundation Receives Ripple Effect Grant

posted on Thursday, August 11, 2016 in News

A $5,000 Ripple Effect grant was awarded to the Fort Dodge Community Foundation for the Warden Plaza Hotel project. The Ripple Effect grant application was made by the Foundation to request financial assistance in connection with the architectural planning and feasibility studFort Dodge Warden Plaza Hotel Project Before Photoy services for the renovation project. Other partners engaged in the planning phase include the Community Foundation, the city of Fort Dodge, the Fort Dodge Fine Arts Association.

The city of Fort Dodge and its community foundation have contracted with Iowa Business Growth and local architect Terry Allers to determine a plan to revitalize the 260,000 square foot hotel and bring it back to the prominence it once had in downtown Fort Dodge. The proposed plan calls for 100+ residential units, cultural and recreation centers, plus restaurant and retail operations. The cultural center will contain a black box theater space, educational classrooms, art gallery, and a live music venue. A proposed recreation center will contain a family aquatic center, full work-out facilities, gymnasiums, childcare, and other amenities.

Ripple Effect Check Presentation Photo“The Ripple Effect grant and other local grants will help to restore a centerpiece of the Fort Dodge community, add residential units to our housing inventory, and attract and retain a stronger, younger workforce for Fort Dodge” says Randy Kuhlman, Chief Executive Officer of the Fort Dodge Community Foundation.

About Ripple Effect

Ripple Effect is a partnership alliance between Aureon and Iowa Area Development Group (IADG) designed to advance the business and community development vitality of rural Iowa by joining local Independent Telecommunications Companies and partnering municipalities in their economic development initiatives. It provides financial and technical assistance to business and industry and communities, through local telecommunication providers, to stimulate growth and development in rural Iowa. And, also makes available low-interest loans to business applicants and planning grants to communities and their economic development partners for various types of community development projects.

Other Ripple Effect services include financial packaging for development projects; business marketing and outreach; and development project facilitation including direct financial assistance through loans and grants from INS. For more information about Ripple Effect, contact Susan Cosner, Vice President, Community Initiatives, IADG; scosner@iadg.com, 515.777-7308; www.rippleeffectworks.org and on Twitter @RippleEffectIA.

About AUREON (WWW.AUREON.COM)

Aureon, the new name for the INS Family of Companies, is a business solutions provider who connects possibilities to productivity by providing unique and scalable business support services for organizations — small and large. Headquartered in the heart of the Midwest, and serving clients nationally with a presence in 48 states, Aureon offers a comprehensive suite of support services, with a focus on Technology, HR and Contact Center services. Aureon’s unique combination of talent, technology and tools enable clients to focus on their core business. For more information, visit Aureon.com.

About Iowa Area Development Group (www.IADG.com)

Iowa Area Development Group is the marketing and economic development office for Iowa’s rural telecommunication companies, rural electric cooperatives and select municipal electric utilities. IADG has assisted with over 2,000 successful business expansions and start-up projects. This growth represents capital investment of more than $10.15 billion and 51,500 jobs for Iowa. The Iowa Area Development Group was established in 1985 to promote and strengthen rural Iowa development opportunities with no-cost services that include building and site selection, financial packaging, research and education, marketing, and other technical assistance.