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Council approves development agreement and TIF pledge for large warehouses in I‑80 Business Park
City of Altoona Council · April 1, 2026
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Summary
Altoona's council authorized a development agreement and pledged certain tax‑increment revenues to Hawkeye Investment Partners I, LLC for two newly built warehouses totaling 718,056 square feet leased by JT Logistics; the resolution passed unanimously.
The Altoona City Council on Aug. 19 approved a development agreement with Hawkeye Investment Partners I, LLC and authorized annual appropriation tax‑increment payments to support the project.
Economic Development staff Chad Quick told the…
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