Many of you have already registered for Salute to Industry and we are looking forward to seeing you soon!  For those still interested in registering, please click the below link.

Tuesday, October 8
5:00 - 7:00PM
The Clubhouse at Talons 
1505 NE 36th Street, Ankeny

Registration closes at 5PM on October 1. 

REGISTER HERE

Thank You To Our Salute to Industry Sponsors

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Did you miss the August 15 Member Meeting?

We were thrilled to see such a great turnout at the meeting—thank you all for attending!

Darren Rebelez, CEO of Casey's, delivered an insightful presentation, highlighting the company’s impressive growth as the 3rd largest convenience store chain. He also shared their strategic plans, a financial overview, and much more.

If you would like to review the presentation, click here. 
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Welcome New Investor

We are pleased to welcome Momentum Studios to ABIC! Momentum Studios is a strategy and innovation consulting agency that partners with companies of all shapes and sizes from start ups and social impact organization to Fortune 500 companies! Join us in welcoming Jeff Reed, Founder and CEO, and his team, to ABIC. 

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News from the City of Ankeny

​The City hosted the first of two public information meetings on Monday night about the South Ankeny Boulevard Corridor Revitalization Plan.  If you were unable to attend, you are encouraged to provide your input through two short exercises by visiting: www.ankenyiowa.gov/ankenyblvd.  The City and their consultant will be completing the initial assessment and data collection phase in early October, before moving on to site analysis, redevelopment opportunities and streetscape improvements later this year.  The next public meeting will be held this winter and will include recommendations aimed at improving the appearance and economic strength of the Corridor.  Stay tuned for more information.  This is an exciting and high impact project for the community and participation by ABIC members is highly encouraged.

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New Development Near Costco

​On August 7, the Business Record reported that construction is underway on a retail strip center off of 36th Street in Ankeny, near the Costco store in what is the latest development to be announced in the northeast area of the fast-growing city.

Jay Wang, owner of Wasabi restaurants, said ground was broken on the 12,000-square-foot retail center last month. He said the center is almost “leased out” but declined to identify who future tenants might be, saying there is a nondisclosure agreement at this point in the process. He said he’s working with a couple of national companies to fill the center, which will have space for four retail tenants. The strip center being developed by Wang joins Community State Bank in announcing plans to build in the area, which is expected to feature multiuse developments.

Community State Bank held a groundbreaking for its new headquarters. The bank announced earlier this year plans to build a new 71,000-square-foot headquarters on about 5 ½ acres at the corner of Northeast 36th Street and Northeast Four Mile Drive in Ankeny, near the Costco store. It later purchased the property from Threshold Development for $4.25 million.

Wang said the location “speaks for itself.”  “It’s so convenient,” he said. “It’s right off the highway. There’s Costco. Community State Bank is going in there and potentially there could be a few big businesses going in there in the next few years. I think it will be the center of Ankeny later on.”  Costco being a regional draw makes the area attractive for development, Wang said.  “In a couple of years, when all the housing around it gets developed, I think it’s a great opportunity,” he said.

Derek Lord, Ankeny’s director of economic development, said that data shows that Costco is drawing customers from as far away as 60 miles, with most of the store’s customers not living in Ankeny, which has a population of just over 72,000. To the south of 36th Street, DRA Properties LC is developing the Pine Lake Estates housing development and an area of retail and commercial, which received approval from the city’s Planning and Zoning Commission in June for a preliminary plat. That will allow construction drawings to be submitted and infrastructure to begin going in. According to Eric Jensen, Ankeny’s director of community development, site plans on that area likely won’t be submitted until this winter, with infrastructure work beginning later this year and lots becoming available for construction in 2025. Lord said momentum in the area of 36th Street and Interstate 35 will increase as more development takes place.

To read the full article, click here. 

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Community State Bank to Build New Headquarters

In August, Community State Bank celebrated the groundbreaking for their new headquarters on NE 36th Street. The facility will consolidate a portion of the bank’s 150 employees, offering an opportunity to streamline operations by bringing the team under one roof. Initially, the building will provide over 130 workspaces, with additional room for future growth.  Congratulations to CSB! 

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Veridian Credit Union Opens New Branch

Veridian Credit Union has relocated it's Prairie Trail branch from inside Ankeny's Prairie Trail Hy-Vee store to a newly constructed stand-alone branch at 2115 SW State Street. 

Stop by and take a look at their beautiful new branch!  

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