Cedar Rapids, Iowa News, Sports, and Weather
CEDAR RAPIDS, Iowa -- Developers in the Kingston Village neighborhood are disappointed to hear the Iowa Racing and Gaming Commission's vote.
They said without a casino, development would slow down. They were confident, however, that the projects would continue, even if they took longer.
Kingston Village is where people can see a handful of new projects. It's in the same area where crews would have built the casino.
Gary Rozek and Fred Timko are behind quite a few of the changes seen in Kingston Village. That includes the condominium project and the new Popoli restaurant that just opened this week.
Developers said the casino would have spurred even more development in the up-and-coming neighborhood.
"You have a lot of people coming to a casino -- so restaurants, retail that kind of thing over here would be very positively impacted by having any kind of attraction there that would draw that many people to the area," Timko said.
"I feel sorry for the city of Cedar Rapids. I think it would have loved to have a capstone to our flood recovery, but it's not going to happen today," Rozek said.
The group is staying positive. It has already sold nine of the 17 condominiums in the new building, which is called Kingston Commons.
While developers said they would have benefitted from the casino, Timko said their development projects started before any kind of casino announcement. They said they still have a lot of confidence in the area.