News Flash

City of Newton - Economic Development Partners

Posted on: April 6, 2020

Main Street Iowa Awards Recognize Outstanding Achievements

The Main Street Iowa Awards program recognizes the efforts of those who work day-in and day-out to revitalize Iowa’s downtowns – the heart and soul of communities across the state. The awards honor outstanding accomplishments, activities and people making a difference in the state’s 55 designated Main Street Iowa districts. This year, 19 projects were selected from 155 competitive nominations submitted in 13 different categories.

“Main Street Iowa has stood the test of time since its introduction in 1985,” said Debi Durham, director of the Iowa Economic Development Authority and Iowa Finance Authority. “We continue to see significant growth in the amount of business, jobs and investment in communities of all sizes due to the program, and as a result, these districts serve as inspiring examples of what’s possible for Iowa’s downtowns.”

The Main Street Awards ceremony, previously scheduled for April 3, was canceled due to COVID-19 concerns. 

Nine communities reached milestones in the amount of private investment in their commercial districts. Newton Main Street reached the $5 million and $10 million dollar milestones in part, thanks to the investment in Hotel Maytag Apartments & Event Center.

Newton Main Street also received the Terrific Total Building Rehabilitation for the Hotel Maytag Apartments & Event Center.

Lin Chape received the Leadership Award that recognizes inspirational leadership and volunteers who make significant contributions to the local Main Street program.

In 1985, the Iowa Legislature adopted the National Main Street Center’s Four Point Approach® to district revitalization by establishing Main Street Iowa within the agency that is now the Iowa Economic Development Authority. Since inception, the state program and its communities have been considered examples of excellence in the national effort to revitalize historic commercial districts across the country.

Since 1986, local Main Street programs have made a significant impact on Iowa’s economy, resulting in: 

  • The inception of 4,943 new businesses and a net gain of 15,170 new jobs;
  • More than 12,400 building projects reported, totaling a private investment of $2.07 billion; and
  • More than 3.4 million hours of human capital equating to greater than $87.5 million in time and talents according to the Independent Sector’s estimated value of a volunteer hour.

For a full list of winners, please visit: https://www.iowaeconomicdevelopment.com/UserDocs/news/2020msiwinners.pdf 

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