Site Information
Altoona - Portfolio #5 is on the southeast corner of First Avenue N and 9th Street NE, within the booming Altoona Industrial Park. Zoning includes C-2, M-1/M-2, industrial and residential with lots ranging in size from 6.85 acres to 56.63 acres with a total area of 150 acres available. The lots are located within a half-mile of Interstates 80 and 35, and 25 minutes from the Des Moines International Airport. Additionally, the property has rail service provided by Iowa Interstate Railroad, and all utilities are to-site or readily available.
Curious about incentives? Industrial Tax Abatement and Tax Increment Financing (TIF) are options, and the State of Iowa may be able to provide job training incentives or other job-related incentives for consideration.
Site at a Glance
Site Name: Altoona Portfolio #5
Zoning: Agricultural, Industrial
Site Designation: DSM RFI Ready
Water Infrastructure: Yes
Wastewater Infrastructure: Yes
Electric Infrastructure: Yes
Natural Gas Infrastructure: Yes
Transportation Infrastructure: Distance to 4-Lane Highway: 3 miles
Distance to Interstate: 1 mile
Direct Rail Service: Yes
Nearest Major Air Hub + Travel Time: Des Moines International Airport (Travel Time: 20 minutes)
Why DSM USA?
DSM is situated in a logistical sweet spot, with several key selling points: DSM is part of the USMCA corridor, boasts access to three Class I railroads at a regional transload facility and has a foreign trade zone. Companies located here find a strong talent pipeline including a 71.3% labor force participation rate and 39.6% with a bachelor’s degree or higher (JobsEQ). And Moody’s Analytics cites the region’s cost of doing business as 12% lower than the national average, meaning companies can do something greater here while lowering their expenses.
About DSM RFI Ready
DSM RFI Ready sites meet rigorous documentation requirements and have been evaluated by economic development practitioners to ensure site selection consultants and corporate real estate executives can readily access the data needed to drive decisions.
Build Your Next Big Thing
Get a full report on this site and learn more about how your company can be part of the great things happening in DSM. Contact Alex Lynch, Economic Development Project Director, to get started.