Nevada Iowa Economic Development Council
 

Membership Information

 

Nevada Economic Development Council invites you to join in the partnership for progressive community growth

Purpose
It is the purpose of the NEDC to assist in the development and implementation of a plan to encourage and promote the establishment, development and retention of industrial, manufacturing, housing and commercial interests in the City of Nevada.  The effectiveness of the plan will be measured by how it diversifies the economic base by creating and retaining jobs, increasing or adding new businesses, adding tax base and broadening community betterment. As a result of the plan, the City and its citizens should enjoy better prosperity, higher standard of living and a better quality of life than is possible without such planning and development.

Want to play a role in Nevada’s Growth?  Nevada needs your participation to continue moving the community forward.


Nevada Economic Development Council (NEDC) was incorporated as a non-profit 501 C6 corporation in the early 1990’s.  Although the City of Nevada and the NEDC are separate entities, a partnership of nearly 20 years has existed to accomplish a shared vision for community growth.  Typical players in this partnership have been NEDC, City officials and staff, Iowa Department of Economic Development and the community’s utility providers.  Area businesses and citizens play an important role in supporting growth within the community. 

Over the past decade, these partnerships have provided new projects that have added more than $53 Million in assessed valuation and provided more than $1,624,000 in additional tax revenues to the City of Nevada annually. Jobs created/retained as a result of these projects total more than 1000.¬† A stagnate and ‚Äúno growth‚ÄĚ community is a dying community. At a time when many communities of Nevada‚Äôs size have experienced declining industrial and business growth, Nevada continues in a growth mode.

You are invited to join in the partnership for successful community growth.

Business Parks

  • South B Avenue Industrial Area
    In the early 1990’s NEDC purchased 10 acres to the south of B Avenue.  Three companies built on this property which borders the Burke Corporation.
  • G Avenue Business Park
    In 1997 NEDC sought prospective owners for a much needed motel in the community and purchased ten acres on South G Avenue.  The G Avenue Business Park is now home to 5 businesses.
  • Nevada West Industrial Park
    Original purchase of 25 acres by the NEDC in the 1990’s has now developed into a 75 acre West Industrial Park providing  sites for seven industrial companies and the Iowa Energy Center BECON Research facility.  Partnering with the City, the NEDC provided the land with the CIty providing the needed infrastructure.
  • East Business Park
    In 1998, NEDC purchased what was then, a 50 acre bean field on the eastern edge of Nevada.  The bean field soon became the Nevada East Business Park which is now home to 13 businesses and the Story County Justice Center.  This was again accomplished by a partnership of the NEDC’s purchase of the property and the City providing the infrastructure.

Projects Outside of Business Parks

  • NEDC assisted the City of Nevada in the annexation and development of the Lincolnway Corridor area.¬† Companies within the annexed area are Lincolnway Energy and Heart of Iowa Coop.
  • Received one of the first state grants (LHAP) for affordable single family home projects, in the State of Iowa.¬† A partnership between City, NEDC, developers and Iowa Department of Economic Development resulted in the completion of a new 20 home sub-division of Northern Heights.
  • In the late 1990‚Äôs, NEDC sponsored the Regency Senior Independent Living Center located on West E Ave & S-14 and was instrumental in bringing¬† (2) 24 unit Northridge apartment complexes to Nevada.

Please join us.  Together we can continue Nevada’s growth.

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Membership Investment: Beginning at $250
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