Liberty is experiencing unprecedented industrial growth that will result in six million square feet of new construction. These projects, which represent $650 million in investment in our community, will bring more than 4,000 new jobs to this area.
Heartland Cold Storage Logistics Center - COMPLETED
Located off of 69 Highway in North Liberty.
This project was an $18 million investment that is estimated to bring in around 85 jobs.
Sitting on 13.2 acres, it is 167,000 sq. ft.
The estimated property taxes for all taxing entities over the first 10 years with Chapter 100 incentives at 90% would be $578,427 (Estimated property tax on this area over 10 years without this development = $939).
Located on the corner of Shepherd Road and Heartland Drive.
This project was an $18 million investment that is estimated to bring in around 180 jobs.
Sitting on 15 acres, this building is 181,000 sq. ft. speculative development.
Estimated property taxes for all taxing entities over the first 10 years with Chapter 100 incentives at 90% would be approximately $398,000 (Estimated property tax on this area over the first 10 years without this development = $0).
Liberty Heartland Logistics Center - UNDER CONSTRUCTION
Located on Shepherd Road, north of the Hallmark Distribution Center.
This was a $154.5 million investment that is estimated to bring in around 265 jobs - new and retained from Hallmark.
Sitting on 152 acres, this is a three building establishment. It is 1,600,000 sq. ft. featuring an expansion of the Hallmark Distribution Center.
Estimated property taxes over the first 15 years with tiered Chapter 100 incentives will be $8.1 million (Estimated property tax on this area over the first 15 years without this development = $37,800).
Liberty Parkway Plaza & Logistics Center - COMPLETED
Located on I-35 and South Liberty Parkway.
This was a $62.5 million investment that is estimated to bring in around 400 jobs.
This facility is on 62 acres and has 710,000 sq. ft. built to date with a future space for 300,000 sq. ft. of building and retail pad sites.
Estimated property taxes over the first 10 years with Chapter 100 incentives at 100% will be $8,044 (Estimated property tax on this area over the first 10 years without this development = $2,780).
Liberty Commerce Center - UNDER CONSTRUCTION
Located east of the Ford Stamping Plant at Hughes Road.
The project was a $400 million investment that is estimated to bring in around 3,000 jobs.
The Liberty Commerce Center will have a total of seven buildings totaling 3,600,000 sq. ft. and sitting on 339 acres of land.
Five buildings are currently under construction.
Estimated property taxes over first 20 years with tiered Chapter 100 incentives will be $20.5 million (Estimated property tax on this area over first 20 years without this development = $21,500).
