(Newton, IA) — The city of Newton is investing 47 million dollars into converting the old Maytag buildings into apartments. Local officials say the long-term goal is to continue to build up the downtown area – hoping to attract more people to invest in the community, but also to visit. The Newton Legacy Reinvestment District is also planning a new hotel and improvements to the Des Moines Area Community College campus. The district expects to generate about 21 million dollars in revenue over a 20-year period.
Newton Invests $47M Converting Maytag Buildings Into Apartments
By Mandy Billings
Jul 5, 2021 | 10:50 AM
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