ArenaCo: Coralville

ArenaCo: Coralville

ArenaCo, a non-profit community development corporation, was formed to own and operate the Xtream Arena & Fieldhouse in Coralville. Xtream will be a multi-purpose facility featuring an approximately 6,200 seat arena and a multi-use sports facility and athlete training center. The arena will be located at the Iowa River Landing, an 180-acre mixed-use development just off of Interstate 80. An analysis found that the total economic impact of this new district will be in excess of $1.4 billion over a 20 year period.

  • Categories: Coralville, Metro, Success Story
  • Property: ArenaCo
  • Location: Coralville
  • Poverty Rate: 18.6%
  • Unemployment: .16 times the national average
  • Median Income: 74.2% of area median income
  • Setting: Metro
  • Project Cost: $46,500,000
  • Impact: 920 direct jobs expected
  • NMCT allocation: $13,800,000
  • Share: