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Reinvestment district may benefit Legacy Plaza development, downtown

If city’s application to IEDA is successful, state funds could fund future projects By Christopher Braunschweig Expand Newton City Council on Monday, Dec. 7, authorized an application to Iowa Economic Development Authority in order to establish a reinvestment district and receive tax-generated funds for transformative development projects, such as the Legacy Plaza project. (Submitted Photo) Legacy Plaza is ready to expand its scope of services and fill vacant space in the former Maytag Corporation headquarters buildings to include 51 market-rate apartments, a 58-room hotel, a lobby and bar and a 500-seat event center, in addition to the 14 or so tenants already occupying the DMACC-owned facility.

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