AMES, Iowa – November 21, 2017 – Alliant Energy and Ames Economic Development Commission (AEDC) are partnering to develop a new industrial center that will create jobs and spur economic growth in the region.
“This industrial center will create new opportunities for Iowa businesses while also attracting new companies looking to move here,” said Jeanine Penticoff, vice president of customer engagement and solutions for Alliant Energy. “This project is made possible thanks to the willingness of landowners to commit to option agreements for the next five years.”
Prairie View Industrial Center will provide 730 acres of prime development along Lincoln Way on the east side of Ames. The land has double-rail access and is well-suited for any industrial relocation or expansion project. AEDC is working to certify the full site as a “Super Park” through the State of Iowa’s certified site program.
“This is a tremendous opportunity for Ames and Central Iowa,” noted Dan Culhane, president and chief executive officer of AEDC. “The development of this site really brings Ames and Story County to the forefront as an ideal location for major capital investment. We are excited to partner with Alliant Energy on this significant project that will create meaningful employment opportunities in Story County.”
“Ames is a vibrant community experiencing healthy economic growth,” said Ames Mayor Ann Campbell. “We welcome
Alliant Energy’s investment in expanding our industrial base east of Interstate 35, and we are looking forward to continued success in developing the area.”
Alliant Energy’s efforts in industrial park development are designed to positively impact communities and add new large industrial customers to help the company manage its costs for all customers. Last fall, Alliant Energy announced Big Cedar Industrial Center. The mega-sized industrial park near Cedar Rapids is the largest rail-served industrial site in Iowa and one of the largest in the Midwest. This March, Alliant Energy and the city of Ottumwa announced a partnership to develop land in the city’s industrial center north of town.
Find more information about how Alliant Energy is growing communities and supporting Iowa’s economy at alliantenergy.com/economicdevelopment.
Ames Economic Development Commission is strengthening the community and all of Story County. Learn more about their efforts at amesedc.com.
Alliant Energy Corporation’s Iowa utility subsidiary, Interstate Power and Light Company (IPL), utilizes the trade name of Alliant Energy. The Iowa utility is based in Cedar Rapids, Iowa, and provides electric service to 490,000 retail customers and natural gas service to 220,000 retail customers. The employees of Alliant Energy focus on delivering the energy solutions and exceptional service their customers and communities expect – safely, efficiently and responsibly. Alliant Energy Corporation is traded on the New York Stock Exchange under the symbol LNT and is a component of the S&P 500. For more information, visit alliantenergy.com.
Alliant Energy: Mike Wagner (319) 786-4409
AEDC: Andrea Hammes Dodge (515) 232-2310