Novelty Iron Works: Dubuque

Novelty Iron Works: Dubuque

Last fall, after years of planning and collaboration, our historic Novelty Iron Works project achieved final ‘Part 3’ approval from Iowa SHPO and the National Park Service. We are very pleased with the end result and are proud to have brought this 260,000 SF complex into its next chapter as a mixed-use community. A number of critical public funding sources were utilized to deliver the project, including the Iowa State Historic Tax Credit. Without this program (and several others), this transformation would not have been possible.

  • Categories: Dubuque, Metro, Success Story
  • Property: Novelty Iron Works
  • Location: Dubuque, IA
  • Poverty Rate: 38.0%
  • Unemployment Rate: 7.6%
  • Setting: Metro
  • Project Cost: $25.0 million
  • Impact: 137 direct jobs
  • NMTC allocation: $8.8 million
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