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Iowa corporate income tax rate won’t lower for 2026 tax year

The Iowa Department of Management has determined that the threshold has not been met to lower corporate taxes in the state for fiscal years beginning in 2026. Iowa Code provides for a possible reduction in corporate income tax rates if net corporate income tax receipts exceed $700 million for the immediately preceding fiscal year. In…
By Business Record Staff | Oct 22, 2025
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Polk County to invest in water quality monitoring

Polk County announced it has committed $200,000 to continue water quality monitoring across Iowa. According to a news release, federal and state budget reductions in recent years have brought the future of monitoring and data collection into question. This funding, drawn partly from leftover project funds from the Central Iowa Source Water Research Assessment, which…
By Business Record Staff | Oct 22, 2025
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NOTBALE TRANSACTIONS: 2 parcels sold in Ankeny’s Corporate Woods Business Park

Two undeveloped adjacent lots with a total of nearly 5 acres have been sold in Ankeny’s Corporate Woods Business Park, Polk County real estate records show. David and Kimberly Mercer and LLMC Ankeny IA LLC, based in Clive, paid Knapp Elwell LC $1.8 million for the parcels that are on the west side of Southeast…
By Kathy A. Bolten | Oct 22, 2025
Tru by Hilton Grimes

Tru by Hilton opens in Grimes

Grimes celebrated the opening of a new Tru by Hilton hotel earlier this month in its fast-growing Hope District development. Hope Development & Realty LLC, in partnership with Great Lakes Management Group LLC,  held a grand opening of the 116-room hotel, adjacent to the Hy-Vee Multiplex sports complex, on Oct. 9. Reza Kargarzdeh, owner of…
By Business Record Staff | Oct 22, 2025
Singlespeed Brewing

SingleSpeed acquisition of Backpocket could be finalized by end of year

The acquisition of Backpocket Brewing Co. by SingleSpeed Brewing Co. has been in the works for over a year and should be finalized around Jan. 1. In the meantime, SingleSpeed is busy making upgrades to its facility in Waterloo to handle the increased brewing capacity that will be needed when production of Single Speed, Backpocket…
By Michael Crumb | Oct 22, 2025
The LINC Rendering

Discover Ames pitching event center as part of LINC development 

A conference center that could host events for as many as 1,000 people is planned as part of the city’s LINC redevelopment project, along the Lincoln Way corridor between Clark and Kellogg avenues in Ames. LINC is a $150 million mixed-use development that encompasses more than 20 properties the city has acquired and cleared. The…
By Michael Crumb | Oct 22, 2025
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Recipients of American Planning Association awards announced

APA Iowa, an association of  professional planners, planning educators, planning commissioners and planning students from across the state of Iowa, announced its 2025 chapter award recipients during its annual conference Oct. 8-10 in Ankeny. Each year, APA Iowa asks its members to nominate plans, projects, and individuals deserving recognition by the professional organization. Award nominees…
By Business Record Staff | Oct 21, 2025
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LandJet names new CEO

LandJet, a franchise specializing in luxury transportation for corporate travelers with a location in Des Moines, announced the appointment of Ryan Landry as its new CEO. Landry brings experience in organic growth, mergers and acquisitions, and capital raising, having previously led New Horizons, a franchise focused on education and corporate training. Landry graduated from Chapman…
By Business Record Staff | Oct 21, 2025