Google Cedar Rapids
Development agreement
Cedar Rapids, Iowa
Google’s Cedar Rapids project is covered by a development agreement between the city and Heaviside LLC. Alongside incentives, the agreement establishes annual contributions to a city-controlled community fund as buildings open.
- Project party
- Heaviside LLC (Google)
What’s included
Public revenue & benefits
The agreement provides $400,000 per completed building annually for up to 15 years, capped at $6 million per building and $36 million overall. Payments begin after occupancy and can be withheld in specified circumstances when city rebates are unpaid.
Compare public revenue & benefits termsAbout this document
Approved; public execution version, signatures pending review.
- Document
- Development agreement
- Published by
- www.economicdevelopmentcr.com
- Parties
- Heaviside LLC (Google)
- Reviewed
- 2026-09-07
- Still needed
- Signature review, annual certifications, payment receipts and related state assistance agreement.