CEDAR RAPIDS, Iowa (June 20, 2023) – ITC Midwest – the regional transmission company that owns and operates the regional high-voltage power grid – will be transitioning its headquarters to a new Cedar Rapids location. The company recently purchased a facility in the redeveloping Westdale Mall area, which will provide much-needed additional space for employees of the growing company.
“The Westdale Mall area has become a major economic hub in Cedar Rapids, and it provides the perfect environment for ITC Midwest’s new company headquarters,” said ITC Midwest President Dusky Terry. “Our decision to purchase a newer building with space configured for a modern office environment reinforces our decision to plant roots and maintain permanent headquarters in Cedar Rapids. We value the quality of life the greater Cedar Rapids area provides for our employees to live, work and raise their families. We are also pleased to be actively involved with and committed to the community, and proud to be part of the area’s success.”
“For years, ITC Midwest has played a vital role in powering our homes and industries. This new headquarters facility illustrates the company’s commitment to keeping the lights on in Cedar Rapids and the greater region,” said Cedar Rapids Mayor Tiffany O’Donnell. “We are pleased ITC Midwest chose to make Cedar Rapids its permanent home, adding momentum to a growing list of investments on the southwest side.”
Cedar Rapids is home to Alliant Energy and Central Iowa Power Cooperative (CIPCO), the two largest utilities served by ITC Midwest. Many businesses and industrial companies served by the regional transmission provider are located in the greater Cedar Rapids area. In addition, the new location provides easy access to the partner suppliers that allow ITC Midwest to operate and maintain the regional power grid. The cost-savings ITC Midwest will realize from this move reinforces the company’s commitment to driving value for the utilities it serves.
ITC Midwest’s new location will feature a single-floor, open-office layout to facilitate and enhance employee interaction, communication and productivity. The company currently employs 115 professionals across its service territory, including more than 80 at its Cedar Rapids headquarters. The new facility will be configured with space for 120 employees to accommodate future growth.
Additional background Since taking over the transmission system in December 2007, ITC Midwest has been in leased space. ITC Midwest’s lease on the Palmer Building at 123 5th Street SE in Cedar Rapids ends in 2024. While the historic building and downtown location have served the company well for more than a decade, ITC Midwest leaders have recently been evaluating new locations for the company’s headquarters to meet current and future needs.
Company leaders recently closed on the new facility to house ITC Midwest headquarters at 3165 Edgewood Parkway SW in Cedar Rapids. This facility was built in 2002 and is located just off Edgewood Road, in the Westdale Mall redevelopment area. Completion of renovations is expected by summer 2024, with the goal of moving to the new office in the fall of next year.
Among the many benefits for our employees and the company in making this move:
The new facility will include more meeting and collaboration spaces than the current building, and provide a better environment for meetings.
Abundant surface parking for employees and guests is adjacent to the building. This is an important consideration when our field personnel travel to our headquarters in company trucks.
The location provides easy access to U.S. Highway 30 and Interstate 380 for employees and guests, with relatively close proximity to the Eastern Iowa Airport.
The new facility will include an on-site back-up generator allowing company personnel to use the office as a crisis management hub during power outage emergencies.
Vantage Architects of Cedar Rapids has been selected to design the major transformation of the facility. Other area contractors will be used to provide materials, remodel and furnish the renovated facility.
About ITC Midwest ITC Midwest LLC is a subsidiary of ITC Holdings Corp., the largest independent electricity transmission company in the U.S. ITC Midwest operates more than 6,600 circuit miles of transmission lines in Iowa, Minnesota, Illinois and Missouri, and holds utility status in Wisconsin. ITC Midwest is headquartered in Cedar Rapids, Iowa, and maintains regional operating facilities in Dubuque, Iowa City and Perry, Iowa; and Albert Lea and Lakefield, Minnesota. For further information visit www.itc-holdings.com. ITC is a subsidiary of Fortis Inc., a leader in the North American regulated electric and gas utility industry. For further information visit www.fortisinc.com.