Grayfield sites are abandoned properties that are vacant, blighted, obsolete, or otherwise underutilized with some infrastructure in place. The Iowa Building is individually listed on the National Register of Historic Places and is considered an Iowa Grayfield site. ![]() Under a proposal by developer Steve Emerson, the upper floors of the Iowa Building, located at the corner of 4th Avenue and 3rd Street SE, will be converted to downtown housing units. ![]() ![]() CEDAR RAPIDS, Iowa (KCRG) - The Iowa Economic Development Authority announced that the state of Iowa awarded $1.5 million dollars in redevelopment tax credits for its Brownfield and Grayfield sites.
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