Spiegel staying busy in northeast Iowa

Font Size:
Default font size
Larger font size

Posted: Tuesday, November 13, 2012 5:03 pm

MANCHESTER, Iowa — Eastern Iowa developer A.J. Spiegel is well into his latest commercial development, in Delaware County, while continuing work on two others in Jackson County.

Spiegel, through his Spiegel Family Realty Co., continues to buy property and buildings for use in commercial enterprises. His latest endeavors include:

• Manchester — Spiegel purchased 54 acres of former farmland at the intersection of U.S. 20 and Iowa 13 on the west edge of town to create a 13-lot commercial complex. The City Council will vote on annexing the parcel into the city with a B-3 commercial zoning at its Nov. 26 meeting, according to City Manager Tim Vick.

Work crews are moving dirt and blasting rock to level the rolling terrain.

“We’ve moved a quarter million yards of material so far,” Spiegel said on Tuesday.

The developer will install all utilities within the site — water, wastewater and electricity — and will build two streets to city specifications. The city will extend water and sewer lines to the site by boring under Iowa 13 and will likely building turning lanes, Vick said.

“This is a large development for us and there is a lot of excitement about it,” Vick said. “This is at the gateway to Manchester, our front door, and it will showcase us as a vibrant, growing community.”

Several businesses have expressed interest in leasing lots, Spiegel said.

“It’s nice to work with a developer who has the knowledge and resources that Mr. Spiegel has,” Vick said. “It makes the project go a whole lot quicker.”

• Bellevue — Work on a new Baymont Inn & Suites next to Spiegel’s Off Shore Bar & Grill along U.S. 52 on Bellevue’s north edge is progressing. Crews have completed the complicated foundation required to build the hotel on the Mississippi River bank and are installing concrete panel walls and floors. The $4 million complex will include 48 guest rooms on three floors with a pool, jacuzzi and workout room.

Spiegel now predicts the hotel will open in April, a year after he broke ground.

• Maquoketa: Spiegel has purchased three buildings in Maquoketa’s original industrial park. They are all leased for either warehousing or manufacturing uses, he said.

© 2015 THonline.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

More about

More about

More about

  • Discuss

Weather Forecast

View Forecast
Dutrac Credit Union