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Developers Show Interest In NewBo Site

CEDAR RAPIDS, Iowa (CBS 2/FOX 28) - Cedar Rapids city officials say the ball has begun to roll on the redevelopment of the old Iowa Iron site.

City leaders say they're received interest from several developers for the site which is currently being used for parking and recreational purposes.

The city says they will consider already submitted proposals as well as other proposals before taking action on them on June 10. To be considered, each proposal must meet a certain list of criteria.

The city will hold a public hearing for the proposals on June 24.
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