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Friday AM Daily | April 28, 2023
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Community leaders use paddles for the ceremonial groundbreaking of the ICON Water Trails’ Scott Avenue project on Thursday. Photo by Michael Crumb.
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ICON launches Scott Avenue segment of water trails project
Leaders celebrate start of initiative's first phase with groundbreaking By Michael Crumb | Senior Staff WriterTwo years ago, the then-named Central Iowa Water Trails celebrated a concept becoming a reality. On Thursday, leaders behind the now-named ICON Water Trails and community supporters celebrated the official groundbreaking of the Scott Avenue project, the largest of the first phase of the initiative.
Under sunny skies, a steady breeze and temperatures in the 60s, they gathered along the banks of the confluence of the Raccoon and Des Moines rivers near the Scott Avenue bridge to celebrate the start of work on the project that is intended to create a safer, more user-friendly area for activities from kayaking to fishing.
Dan Houston, president and CEO of Principal Financial and co-chair of the ICON Water Trails board, said the wide-ranging project is a win-win for everyone.
"This is more than just
about recruiting and retaining great talent in this community," he said during Thursday’s celebration. "It's more than just recreation. It's about water quality. No one is losing in this project. Everyone is benefiting in a significant way."
ICON Water Trails is a $125 million initiative that is being funded through a combination of a capital campaign and public money. It includes the development of projects that connect more than 80 sites along 150 miles of rivers and creeks in Central Iowa.
One of those funding sources is a $25 million BUILD grant that was awarded by the Federal
Highway Administration to help fund projects at Scott Avenue, Prospect Park, Birdland Marina and Harriet Street in Des Moines.
The Des Moines Metropolitan Planning Organization voted in November to approve the contract for the first phase of the Scott Avenue portion of the ICON Water Trails project along the downtown Des Moines riverfront. The $40.9 million contract to United Contractors and Reilly Construction includes the in-water elements of the Scott Avenue site, including the mitigation of the low-head dam and introduction of whitewater features.
The BUILD grant will also help
fund a scaled-back version of the Harriet Street portion of the project. The Prospect Park and Birdland Marina projects will be funded outside of the grant using other sources.
Polk County Supervisor Angela Connolly said that water control and quality were a top priority for county officials and that ICON Water Trails "fits the bill" for water quality and outdoor recreation.
"Water quality and preservation is of utmost priority for our county leadership, and there is tremendous synergy between existing water quality initiatives and ICON’s conservation efforts," she said.
"Best practices and water quality are integrated into the design of ICON," Connolly said.
According to Connolly, $3 million within the BUILD grant has been allocated for "water quality solutions."
Hannah Inman, CEO of the Great Outdoors Foundation and interim director of ICON, recognized all those who have helped shape ICON and bring it to fruition, and acknowledged the public-private partnership that has
made it possible.
"When I look at … that list, it's just so many of the community leaders that have invested so much and it's really an honor to be able to work with all of you and to help make this vision a reality," she said. "Thanks to the generosity of our community as well as the tremendous support from our state and federal partners."
To date, more than $97 million has been raised for the project, including more than $30 million in private contributions, Inman said.
And efforts are continuing to finish the private campaign and explore other "creative funding sources to accelerate the momentum that this project has created," she said.
Inman said ICON is on pace to have significant portions of its system up and running within three years.
So far, 14 regional sites have opened with more to open this year, and the Scott Avenue project as well as the improvements to the Fleur Drive site should be operational by the end of 2026, "at which time we are projected to have
the second most visited whitewater park in the country," she said.
Jay Byers, president and CEO of the Greater Des Moines Partnership, said the importance of outdoor recreation to economic development became even clearer during the COVID-19 pandemic.
"There’s a lot to do in this region but during COVID nobody was inside. But people were outside, people were in the parks, people were on the water," he said. "We’ve all known that investing in quality of place and quality of life, placemaking, is absolutely critical for economic development, talent attraction and retention, and COVID
showed us it’s even more important than ever."
"In places like Greater Des Moines and Central Iowa, we might not have the natural assets of maybe the coast or Colorado. We have to work harder to come up with amenities to really compete, and this region has really done that," Byers said.
Byers issued a call to leverage the momentum ICON has helped bring to the region and "think bigger."
"This
system, which I think will be the premier urban-suburban trails and parks system in the country, how do we sort of market that collectively and how do we theme that with things like sustainability, outdoor recreation, placemaking, because it’s going to be a huge asset for all of us," he said. "Today is a very special moment. We should be proud of that, but how are we going to think bigger to maximize all of that collectively?"
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Dan Houston, president and CEO of Principal Financial Group and co-chair of the ICON Water Trails board, speaks during a groundbreaking ceremony at the Scott Avenue site on Thursday. Photo by Michael Crumb.
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NEWS BRIEFS
UNI Advance Iowa to offer first Employee Ownership Conference The University of Northern Iowa's Advance Iowa is set to host the first Employee Ownership Conference on May 11 at the DMACC campus in Newton, with keynote speaker Lt. Gov. Adam Gregg.
The conference aims to explore the benefits of employee ownership for all stakeholders, including business owners, employees and communities. The shared equity model is gaining momentum across the U.S., with employee ownership offering a viable option to keep local business doors open across Iowa. Registration is open now, with individual tickets costing $100 and group registration discounts available. Advance Iowa is a program that provides targeted services to guide small and midsize enterprises as they grow.
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YESTERDAY IN INNOVATION IOWA Six takeaways from the 2023 Global Insurance Symposium
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Insurance companies continue to face a changing world, including a retiring workforce, global upheavals and issues of inflation and interest rates. At the April 20 CEO panel and InsurTech Founder panel at the Global Insurance Symposium, we heard strategies for facing these changes. Read more
Sign up for the Business Record's weekly innovationIOWA e-newsletter. Read more at innovationia.com.
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NEWS BRIEFS
State agency withholds records, says it has ‘no specific duty’ to preserve documents Iowa Capital Dispatch: Iowa Workforce Development says it has "no specific duty" to comply with citizens who seek access to public records and ask the agency to preserve the documents while their request is pending. The agency is also refusing to make public a written exchange with its director, Beth Townsend, about the preservation of text messages on her phone.
Federal regulators plan Iowa forums on carbon capture pipeline safety Des Moines Register: Federal regulators, seeking to bolster oversight of carbon capture pipelines after a Mississippi break sent a dangerous plume over a nearby village, want to hear from residents in Iowa, where similar projects have sparked widespread opposition. The Pipeline and Hazardous Materials Safety Administration, a U.S. Department of Transportation agency, said it will hold public meetings May 31 and June 1 in Des Moines, after announcing nearly a year ago it plans to strengthen carbon capture pipeline safety oversight following an investigation into a pipeline rupture near Satartia, Mississippi.
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ONE GOOD READ First Republic Bank faces critical weekend. Here's what to expect.Barron’s: Something may happen soon — probably outside trading hours — that could be a defining moment for First Republic and the financial system. First Republic had appeared to have overcome the turmoil in March after JPMorgan and other large lenders stepped in with $30 billion in deposits. The calm lasted until the bank reported just how extensive the flight by depositors was. Shares have dropped almost 60% this week. One thing seems clear: Time is running out for First Republic to save
itself. So far promises to cut jobs, shrink its balance sheet and shore up deposits haven’t done the trick. Limping on may be possible, but it doesn’t look like a viable choice. So what are the other options ahead? The Federal Reserve, the Federal Deposit Insurance Corp. and the Treasury Department are trying to orchestrate a deal, Reuters reported early today.
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KCCI TOP STORIES
Today is Fleming's last day as director of the Des Moines Art Center A longtime leader in the Des Moines art community is calling it a career. Today is Jeff Fleming's final day as director of the Des Moines Art Center. He is retiring after serving in that role since 2003. Kelly Baum will become the museum's next director Monday. Read more
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Today: Showers developing in the afternoon. Mostly cloudy with breezy winds. High 69. Winds shifting from SSE to NW around 15 mph. Gusts up to 25 mph.
Tonight: Scattered showers during the evening with some clearing late. Low around 43. Winds NW at 15 to 20 mph.
Get the latest KCCI weather.
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MOBILE SPEED UNIT LOCATIONSToday: 2400 block of Dean Avenue 2600 block of East Market Street 2700 block of Scott Street
See the full week's listing on the Des Moines Police Department's Facebook page.
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BUSINESS RECORD IOWA INDEXThe Iowa Index is an unweighted average of all Iowa-based public companies. Below is a live look at those Iowa companies, plus additional companies with large operations in Iowa.
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