PO Box 118, Sioux City, Iowa 51102
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TSI Chair Central Bank’s Jeff Lapke
INSIDE THIS MONTH’S ISSUE: TWO AIRLINES COMPETE TO FLY CHICAGO ROUTES. PAGE 4
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BusinessJournal Ron Peterson, publisher Dave Dreeszen, editor Siouxland Business Journal is published monthly by Sioux City Newspapers Inc., in cooperation with the Siouxland Chamber of Commerce. Requests for a free subscription or address changes should be sent to: Kevin McGarry Siouxland Business Journal Box 118 Sioux City, Iowa 51102
Editorial copy should be sent to: Dave Dreeszen Siouxland Business Journal editor Box 118 Sioux City, Iowa 51102 dave.dreeszen@lee.net For more information: Editorial: (712) 293-4211 or 800-397-9820, ext. 4211 Advertising: (712) 224-6275 or 800-728-8588 Circulation: (712) 293-4257 or 800-397-2213, ext. 4257 On the web: www.SiouxlandBusinessJournal.com
Index Business Know How.........................................page 14
Home & Office...................................................page 13
Business People..................................................page 8
On the move........................................................page 8
Chamber anniversaries......................................page 8
Ribbon cuttings............................................page 16-18
Chamber investors.............................................page 8
On the cover
Tim Hynds, Siouxland Business Journal
Jeff Lapke, Sioux City market president of Central Bank, is shown in the lobby of its downtown location, 522 Fourth St. Lapke, who has more than 25 years of banking experience, is entering his second year as chairman of The Siouxland Initiative Executive Committee.
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American, United bid to fly Sioux City routes
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Jim Lee, Sioux City Journal
An American Airlines regional jet taxis to Sioux Gateway Airport in this undated photo. American will compete with United Airlines to fly federally subsidized routes between Sioux City and Chicago’s O’Hare International Airport for the next two years.
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IOUX CITY | Incumbent American Airlines and challenger United Airlines are vying to fly federallysubsidized routes between Sioux City and Chicago. The two carriers were the lone bidders to serve Sioux Gateway Airport under the Essential Air Service program, which guarantees commercial air travel for small, rural communities. Dec. 2 was the deadline for carriers to submit new two-year proposals to the U.S. Department of Transportation. American, the only carrier at Sioux Gateway, offers two daily flights to and from Chicago’s O’Hare International Airport, under a two-year EAS contract that began in April 2012. United wants to take over the connecting routes to O’Hare, one of the nation’s largest hubs. Under their EAS proposals,
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a regional carrier for each airline would offer a minimum of 13 flights per week with regional 50-seat jets. United, though, has requested a subsidy more than twice as large as American’s. American proposes to cut its annual federal payout nearly in half, from $1.51 million to $611,334. United, the largest carrier at O’Hare, has proposed a subsidy of $1.41 million per year. The difference in cost will be one of the factors the DOT will consider in selecting one of the two airlines, DOT spokesman Bill Mosley s a i d T u e s d a y. Other criteria include public input Scott and “how well the proposal will connect residents with the air transportation system,” he said. Before the DOT makes the final decision, the community will be invited to weigh in during a 30day comment period that likely will start in January. “We would expect to make a
decision well before the end of the current contract, which is April 30, 2014,” Mosley said. The Sioux Gateway Airport Board of Trustees has started its review of the two proposals, President Dave Bernstein said Tuesday. “We’re very pleased that two excellent airlines bid,” Bernstein said. “And we’re very pleased that they both bid to continue to support Chicago. That further reinforces the decision we made two years ago.” In November 2011, the sevenmember airport board voted unanimously to back American’s O’Hare proposal over a competing bid from Delta Air Lines, which wanted the federal government to begin subsidizing its longstanding connecting flights to Minneapolis/St. Paul. Proponents pointed to Chicago’s ranking as the top destination for Siouxland business and leisure travelers, many of whom drive to the larger Omaha airport to catch direct flights to the Windy City. Mayor Bob Scott said Tuesday he was delighted that two airlines had bid on Sioux Gateway.
Siouxland Business Journal, January 2014
Tracking the News What we knew: The U.S. Department of Transportation had given commercial airlines until Dec. 2 to submit new Essential Air Service proposals to serve Sioux Gateway Airport. What’s new: United Airlines will compete with incumbent American Airlines for the federally subsidized routes to and from Chicago’s O’Hare International Airport. What’s next: After a 30-day public comment period, the DOT will award the new two-year contract, which will begin May 1.
United’s interest, he said, shows the value of the new Chicago routes, he said. Local leaders have expressed satisfaction with American’s performance during its first 1 1/2 years at Sioux Gateway. Airport officials also said it has been pleased with the traffic. On average, about 80 percent of the seats have been full. “We have made great progress in developing air service in Sioux
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Passengers exit an American Eagle flight at Sioux Gateway Airport in March. American, the lone carrier at the Sioux City airport, and United Airlines are competing for federallysubsidized routes to Chicago’s O’Hare International Airport.
City, bringing new business and industry to the Siouxland region,” Charles Schubert, vice president of network planning for American, said in a letter that accompanied the airline’s DOT proposal. “Our current bid should reflect our belief that the Essential Air Service subsidy is vital, as the market is on a trajectory to one day being self-sustaining.” United, the second-largest U.S. airline, previously operated at Sioux Gateway, flying connecting routes to Chicago and Denver
before exiting the market in the early 1990s. In its EAS proposal, United dangled the possibility of adding a western hub in the future. “It is not uncommon for United to begin service to a new community with two daily flights, and, if the service performs, increase to a third or add service to a second hub,” Brian Znotins, United’s vice president of network, said in a letter that accompanied the airline’s EAS proposal. “Success with Chicago for Sioux City could lead United to consider a compelling case for Denver service in the future.” In its initial bid to serve Sioux Gateway, American officials also said it would strongly consider adding a second hub, most likely to Dallas-Fort Worth International Airport. Such a move was complicated by American’s subsequent filing for Chapter 11 bankruptcy protection, and its merger with US Airways. The merger, which creates the nation’s largest airline, was finalized earlier this month after clearing a final government hurdle.
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Mercy Medical Center installs powerful new MRI unit DOLLY A. BUTZ
Business Journal staff writer
SIOUX CITY | A $2 million, magnetic resonance imaging scanner is now operating at Mercy Medical Center. The 15,000-pound piece of equipment was lifted by crane and lowered into the fourth-floor radiology area of the Sioux City hospital at Sixth and Jones streets on Dec. 2. The Siemens Magnetom Skrya, e q u i p p e d w i t h Black a powerful 3.0 s t re n g t h Te s l a magnet, offers enhanced image clarity and will allow Mercy staffers to perform breast, cardiac and abTaylor dominal scans. It is the most powerful MRI machine in Sioux City. UnityPoint Health – St. Luke’s
has been offering breast MRI scans for five years. The addition of Mercy’s new scanner follows UnityPoint Health-St. Luke’s acquisition of two Siemens Aera MRI 1.5 Tesla scanners in 2012 and August and a Siemens Definition AS 64 CT scanner equipped with radiation-reducing software in June. Barb Black, director of radiology for Mercy, likens the upgrade to moving from a black and white TV to a high-definition TV. The hospital’s previous MRI system was 12 years old and, she said, “at the end of its life.” “It’s very detailed,” she said of the images the new unit produces. “It’s like looking at an anatomy book.” Black expects the staff to begin using the new machine after onsite training that is scheduled to start Jan. 13. Mercy began work on a $16.8 million project in July that expands and improves its critical care and imaging services. The
Black said the hospital’s roof was raised and then lowered back down after steel beams were installed in the building to support the weight of the new MRI scanner. Marie Taylor, supervisor of MRI for the hospital, noted that the new machine is wider to accommodate the obese. She said patients who are claustrophobic will also feel more comfortable because their feet can go in first, instead of their head. “It’s not really even comparable to the one we had,” she said of the new scanner, which detects tissue changes quicker. “It picks up more of the tissue. We see the Dolly A. Butz, Sioux City Journal bones, but it doesn’t get in the Workers guide a 15,000-pound magnetic resonance imaging scanner into way of our pictures.” Taylor said MRI is used evMercy Medical Center-Sioux City on Dec. 2. The hospital started work on ery day at the hospital. Patients a $16.8 million project in July that expands and improves its critical care are scheduled to undergo scans and imaging services. between 7 a.m. and 4 p.m. Monhospital is spending $13.8 mil- The new 20-bed unit will feature day through Friday from, and lion to add more space to the new equipment, nurse stations, the emergency room often fifth-floor intensive care units and all private patient rooms and sends patients in outside of those and renovate the existing space. family waiting space. hours.
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Entrepreneurial training offered Friends: Davenport leaves SOUTH SIOUX CITY | The Service Corps of Retired Executives will offer a training program for entrepreneurs and small business owners. The South Sioux City Area Chamber of Commerce is partnering with SCORE and the College Center on the Siouxland Entrepreneurship program, which will offer assistance with business plan development. SCORE’s Simple Steps For Starting Your Business curriculum will be offered from 6:30 to 8:30 p.m. on Thursday nights for five consecutive weeks, beginning Jan. 16. All sessions will be held
at the College Center, 1001 College Way. The classes and dates include: Session 1: Business Basics Learn the fundamentals of entrepreneurship and business, Jan. 16. Session 2: Business Concepts Building, which will delve into the core aspects of business, Jan. 23. Session 3: Marketing Plan, which will focus on how to maximize the exposure for your business, Jan. 30. Session 4: Financial Projections Long-term planning, which will gauge the potential revenue of a business, Feb. 6.
Session 5: Funding Sources & Next Steps Are you ready to start your business? In this final lesson, SCORE will educate entrepreneurs on potential funding sources, Feb. 13. Registration is due at least one week before the start of the first course. Registrations may be made by calling program director Jay Chandler at the South Sioux City Chamber at (402) 4941626 or email: jchandler@ southsiouxchamber.org SCORE is a nonprofit resource partner of the Small Business Administration that specializes in coaching small businesses and entrepreneurs.
ChamberAnniversaries The following are observing anniversaries as Siouxland Chamber of Commerce investors.
1 year
ChinaTown Restaurant Manicanh Baccam 148 Gaul Drice Sergeant Bluff, IA 51054 Hardee’s Shawn Stanek 4440 Sergeant Road Sioux City, IA 51106 Integration Physical Therapy Jane Stanley 3450 S. Lakeport St. Suite B Sioux City, IA 51106 Speedy Auto Wash Scott McCormick
712 Omaha St. Sioux City, IA 51103
203 Sergeant Square Drive Sergeant Bluff, IA 51054
10 years
20 years
Eagle Ridge Corporate Services Neil Bartholomew 4721 Southern Hills Drive Sioux City, IA 51106
15 years
Staber Meats David and Jim Staber 930 Clark St. Sioux City, IA 51101 Triview Communications Diane Zanter
ChamberInvestors
Bluffs Little Thinkers Kelsey Andersen 306 1st Street Sergeant Bluff, IA 51054 ISS Facility Services Julee DeRocher 511 5th St. Sioux City, IA 51101 Hoomany Chiropractic Dr. Joe Hoomany 1901 Cornhusker Drive #295 South Sioux City, NE 68776 Crossroads of Western Iowa Brent Dillinger
4269 Sergeant Road Sioux City, IA 51106 Daily Grind Market and Bakery Allison Davidson and Tiffany Parsons 511 4th St. Sioux City, IA 51101 Game Lair Geoff Goodman 1918 Geneva St. Sioux City, IA 51103 Mi Rancherita Restaurant Leonor Limon 1512 Dakota Ave. Suite C
Lanes Distributing Real Estate Paul Kaiman Sioux City, IA 51104
35 years
LifeServe Blood Center Anjeanette Barto 1019 Jones Street Sioux City, IA 51102 Pathology Medical Services of Siouxland Thomas Carroll, MD PhD 2720 Stone Park Blvd. Sioux City, IA 51104
South Sioux City, NE 68776 The Loft by Belle Touche Salon & Spa Cheri Cosgrove 1101 4th Street, Second Floor Sioux City, IA 51101 Happy Feet Therapy Qui Ling Tang 4001 Gordon Drive Sioux City, IA 51106 Pizza Ranch – Sioux City Jarrod DeGeorgia 3116 Floyd Blvd. Sioux City, IA 51104
‘indelible mark’ on community CONRAD SWANSON
Business Journal staff writer
SIOUX CITY | Friends describe Fred Davenport Jr. as a family man, an entrepreneur, a hard worker, a real estate mogul and a man with an insatiable appetite to learn. After Dave n p o r t ’s death at age 94 on Davenport Jr. Dec. 8, his friends acknowledged that his impact on Sioux City may never be fully realized, which they said is the way he would have wanted it. “Fred left some indelible marks on this town,” said longtime friend and business partner Jim Johnson.
“But I don’t know that he’ll be remembered for them. Much of what Fred did he did behind the scenes. He was very generous, probably to a fault, but he never wanted to take credit.” Mayor Bob Scott agreed that seeking recognition for his efforts was not one of Davenport’s priorities. In the past 10 years, Scott estimates he and Davenport went for coffee at least three times a week. “He gave a lot of different things, and he never wanted his name on anything,” Scott said. “He never wanted recognition; he just wanted to make Sioux City better.” Davenport’s career began as a high school teacher and basketball coach.
Davenport’s desire to broaden his horizons led him down many different avenues. He worked with a mortgage company, constructed homes, founded a life insurance company and became a major operator in local real estate scene. Davenport also served on Sioux City Council and served as the Sioux Gateway Airport manager. Davenport’s work ethic speaks for itself, Johnson said. He estimated Davenport to have built more than 700 houses in the area. “His mind never stopped until those last few months took their toll,” Johnson said. “At one point we were having weekly meetings at
Davenport, page 15
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OnTheMove Financial firm names senior vice president
Prior to that, she served as science in Negotiation and managing director for 13 Dispute Resolution through years for McCarthy Group the Werner Institute. OMAHA | Andrea Mc- Advisors in Omaha before it Mahon has joined Nelson, was acquired by Westwood Nutra-Flo appoints Van Denburg & Camp- in November 2010. sales manager bell Wealth ManageSioux City law firm NORTH SIOUX CITY | Jared Robment Group hires new attorney as senior erts has vice presiSIOUX CITY | Attorney been named John P. Beauvais, Jr. has r e g i o n a l dent and sales manjoined Deck financial L a w L L P, advisor in ager for McMahon 705 Dougthe firm’s Nutra-Flo’s P u re G ra d e Roberts Omaha office. las St., Suite Products McMahon, who has more 502. than 30 years of leadership Beauvais is Division in the eastern Corn and investment experience, a 2005 gradBelt territory. specializes in formulating uate of ScoRoberts will be responBeauvais, Jr. sible for meeting targeted and implementing financial tus Central strategies for high net worth Catholic High School in Co- sales goals and the recruitclients. lumbus, Neb. He received a ment, direction and support McMahon graduated from bachelor of arts in English of dealers. the University of Nebraska from Briar Cliff UniverHe previously served as a at Omaha College of Busi- sity in 2009, as well as a sales representative for Synness, Department of Fi- bachelor of arts in writing genta, where he headed three nance, Banking and Real in 2010. In 2013, Beauvais territories, including seed Estate. She went on to earn a received his juris doctorate and crop protection with Chartered Financial Analyst degree from the Creighton consecutive years of growth. designation in 1994. Law School. Roberts was graduated Most recently, she applied He is licensed to practice from Purdue University her client focused wealth law in Iowa and is pursu- with a degree in animal scimanagement skills for three ing licensure in the state ences and animal agribusiyears as a Vice President at of Nebraska. He is also a ness. He resides in Indiana Westwood Trust in Omaha. candidate for a master of with his family.
Alpha Center hires two staff members
Tech firm hires operations head
SIOUX CITY | The Alpha Center, 4016 Morningside Ave., announce the recent hiring of Susie Edgar as development director and Kristi Nathaniel as client services director. Nathaniel succeeds Polly Sandorskey, who recently retired after 12 years. Edgar’s new position was created to help raise awareness of the Alpha Center in Siouxland. Since 1987, the 501(c)(3) organization, supported solely by donations, has provided information and advice to individuals facing decisions about unplanned pregnancies. Services, offered at no charge, include sexual integrity education; pregnancy tests and limited first-trimester obstetrical ultrasounds; options counseling; parenting curriculum; referrals for medical care and adoption; and a post-abortion emotional and spiritual recovery program.
SIOUX CITY | Lance Martin has joined Calhoun Communications Inc. as operations director. Martin will focus on business operations, customer relations Martin and new technology opportunities. He has worked in the telecommunications and information technology industry for 34 years, including serving as technology director for the City of South Sioux City. He has experience with outdoor and indoor wireless networks, fiber optic networks and technology project management. Martin and his wife have two adult children. Calhoun Communications, a Sioux City-based tech firm, specializes in wireless computer networking, microwave networks, video security
& Co. has passed a national examination administered by the Commercial Investment Curry Real Estate Institute of the National Association of Realtors. The exam tests the competence of commercial real estate agents in advising clients in all aspects of a sale or lease transaction. To sit for the exam, the candidates must successfully complete a multi-course curriculum and submit proof of a portfolio meeting a certain volume of sales and leases over the past five years.
Curry joined NAI Le- demonstrates performance Grand in 2006. that meets the program’s key diabetes care measures, Diabetes group which include eye exams, pressure tests, nuhonors local doctor blood trition therapy and patient SIOUX CITY | Dr. Mi- satisfaction. chael L. Brenner of FamThe Diabetes Recognition ily Health Program was designed to Care – improve the quality of care that patients with diabetes South Sioux Clinic, has receive by recognizing clib e e n re c nicians who deliver quality diabetes care and by moognized by tivating other clinicians the National to document and improve Committee their delivery of diabetes for Quality Brenner A s s u ra n c e care. and the American Diabetes Association for providing quality care to his patients See more with diabetes. Brenner was required Business People to s u b m i t d a ta t h a t news on Page 14.
systems and broadcast engineering.
Insurance agency hires two staff LE MARS, Iowa | Whiskey Creek Insurance announces the addition of two staff members to its Le Mars, Iowa, sales office. Michelle Kluver joined Whiskey Creek as an insurance agent licensed in both personal lines and crop insurance. In her new position, she will be responsible for all aspects of selling, growing, and servicing insurance clients. Previously, Kluver employed with an independent insurance Agency. Brenda Boesel joined Whiskey Creek as a customer service representative. She will provide assistance to the insurance agents and their clients. Prior to joining Whiskey Creek, Boesel was an office-plant administrative assistant for a Texasbased company. Whiskey Creek has its main office in Lawton, Iowa.
BusinessPeople Sioux City lawyers elected to offices
SIOUX CITY | Two Sioux City attorneys were installed last month as officers of the Iowa Association of Justice. Jim Daane of Buckmeier & Daane Lawyers PC is the president-elect, and Tim Bottaro of Vriezelaar, Tigges, Edington, Bottaro, Boden & Ross is the new second vice president. Fort Madison attorney Elaine Fehseke Gray was installed as the IAJ’s 41st president during its annual convention in Des Moines. The associated also elected board of governors to represent judicial subdistricts of the state. Moville
Daane
Bottaro
Watts
Berner
attorney Patrick Phipps The recipients include: was elected to represent Nicole Berner, CommerSubdistrict 3B. cial Banking Relationship manager at the downtown branch at 501 Pierce St., U.S. Bank honors and Scott Watts, Senior local employees U.S. Bancorp Financial AdSIOUX CITY | Two Sioux visor at the branch at 4908 City U.S. Bank employees Morningside Ave. have earned the company’s third quarter Pinnacle Realtor passes Award, which recognizes national exam the top 20 percent of performing employees nationSIOUX CITY | Arlene Curry of NAI LeGrand wide.
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Spin-off to take over Southern Hills Mall DAVE DREESZEN
Business Journal editor
SIOUX CITY | Southern Hills Mall will have a new ownership early next year. The Sioux City mall’s owner, Simon Property Group, announced plans Dec. 13 to spin off all its smaller enclosed malls and strip center business into an independent, publicly traded real estate investment trust. The new company, with the working name of SpinCo, will own all or part of 54 strip centers and 44 malls, including Southern Hills. The spin-off is expected to be completed in the first half of 2014. Indianapolis-based Simon, the nation’s largest mall owner, said the spinoff will enable it to focus on redeveloping its top regional malls. The transaction, expected to generate net operating income
Siouxland Business Journal, January 2014
9
of more than $400 million in its first year, is also expected to help the company open outlet centers and invest overseas to increase growth. Simon became sole owner of Southern Hills Mall on Jan. 1, 2012. The company previously shared property ownership with Santa Monica, Calif.-based Macerich Co., which also managed the mall. In a deal that closed at the end of 2011, Simon and Macerich split up a group of 12 shopping centers jointly held in a partnership since 1998. The 794,000-square-foot Southern Hills is 87.1 percent leased, according to supplemental investor information released by Simon on Dec. 13. The Morningside mall, built at a cost of $21 million in 1980 Jim Lee, Sioux City Journal by General Growth Properties, Shoppers walk through Southern Hills Mall on July 18. The mall’s owner, Simon Property Group, said Dec. 13 it is is anchored by Sears, Younkers, spinning off all of its smaller enclosed malls, which includes Southern Hills, and strip center businesses into an independent, publicly-traded real estate investment trust. JCPenney and Scheels.
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Sioux City banker leads Siouxland committee Central Bank’s Lapke has more than 25 years of experience DAVE DREESZEN
ddreeszen@siouxcityjournal.com
SIOUX CITY | Jeff Lapke got his start in banking as a part-time teller while still in college. By age 32, he was leading Central Bank’s location in the Northwest Iowa city of Cherokee. Two years after later, he accepted the challenge of helping Central Bank start up its first Sioux City location. Lapke, now 47, continues to serve as the Sioux City market president for Central Bank, as well as a senior vice president for the financial institution. The 47-year-old also has been a community leaders over the years. He is entering his second year as chairman for The Siouxland Initiative Executive Committee. Central Bank, headquartered in Storm Lake, Iowa, is owned by brothers Tim and John Brown, who grew up on a farm near Graettinger, Iowa. From a single bank with $30 million in assets in 1990, the Browns have expanded their holdings to include locations in Storm Lake, Cherokee, Sioux City, Spirit Lake and, most recently, West Des Moines, with more than $500 million in total assets. Lapke said he feels fortunate to have come aboard at a fruitious time, as the Browns were buying banks and growing their operations. “That opened the door for opportunities,” he said. When the Browns decided to enter the Sioux City market in 2001, Lapke jumped at the chance to become the first market president. It was a coming home of sorts for Lapke and his wife, Pam, a Sioux City native and graduate of West High School. Jeff, who grew up on a farm outside of Panama, Iowa, and graduated from Harlan High School, had previously worked in Sioux City from 1994 to 1996
Tim Hynds, Siouxland Business Journal
Jeff Lapke, president of Central Bank, is shown outside the downtown Sioux City bank building on Dec. 13. Lapke is the chairman of The Siouxland Initiative Executive Committee.
for then-Firstar Bank. He also attended Briar Cliff University in Sioux City for two years before transferring to Iowa State University, where he received a financing degree in 1988. During his final year at ISU, he was a part-time teller for the then-Norwest Bank in Des Moines. After graduation, he
joined Norwest full time as a credit analyst and management trainee. He was later promoted to commercial lending with Norwest. It was during his stint with Firstar that Lapke first met the Browns. The brothers recruited him to their Cherokee bank, where he first served as vice president
under John Brown. After John Brown left to head a newly-acquired bank in Spirit Lake, Lapke was promoted to Cherokee market president. A key to Central Bank expanding into Sioux City in 2001, Lapke said, was bringing aboard two banking executives with decades of experience in the market, Scott
Wilson and Steve Boden. Central Bank’s downtown location is located at 522 4th St., a three-story building that the bank extensively renovated after coming to town. Branch offices at 2906 Hamilton Boulevard and 4201 S. Lakeport St. were added
Banker, page 15
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Hilton, Marriott potential brands for Sioux City Hotel NATE ROBSON
Business Journal staff writer
SIOUX CITY | Hilton and Marriott are two of the three brands in the running to fly their flag over a redeveloped downtown Sioux City hotel in 2015. Mike Patel, a commercial real estate analyst for the National Hospitality Consulting Group, recently told the Sioux City Council that developers hope to name a finalist in the first quarter of 2014. Hilton’s DoubleTree brand and Marriott are both under consideration. The third brand was not identified. Patel said Hilton could be the easiest brand to use since the Sioux City Hotel & Convention Center opened in 1974 as a Hilton. The existing rooms already meet current Hilton specifications. But the potential owner, Conor Acquisitions, of Fort Myers, Fla., also wants the freedom to create a modern and trendy atmosphere in the hotel. “What we are looking to accomplish is not a cookie-cutter room product,” Patel said. “We want a very cosmopolitan look.” Plans call for keeping the pool, ballroom and conference facilities while building on the relationship with the Sioux City Convention Center, which is attached by a skywalk. Developers would also use the atrium to expand the lobby while keeping public access to the skywalk. The number of rooms would be reduced from 193 to 183 in order to add suites. Rooms would also be modernized in an effort to create an atmosphere that might be found in larger metros. Rooms are expected to book for around $100 a night. A restaurant would also be brought back in order to turn the hotel into a social center, Patel said. Renovations are expected to start in early 2014 once the project and any financial incentives are finalized. Construction would finish in 2015. The hotel would remain open during the project since renovations would be done floor by
A rendering of a redeveloped lobby at the Sioux City Hotel & Convention Center with furniture.
Provided
Provided
A rendering showing what new rooms could look like at a redeveloped Sioux City Hotel & Convention Center. Jim Lee, Sioux City Journal file
construction costs, and the city would rebate the first $400,000 in new property tax revenue. The floor, Patel said. rebate would last approximately Conor Acquisitions plans to two years, at which time the city buy the hotel for $4 million and would keep all tax revenue. then spend another $6.5 million The 193-room hotel currently on renovations. generates about $130,000 a year Provided A city grant would refund $1 A rendering of a proposed atrium lobby at the redeveloped Sioux City million to Conor Acquisitions for Hotel, page 15 Hotel & Convention Center.
The Sioux City Hotel & Convention Center is shown Nov. 27.
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Siouxland Business Journal, January 2014
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10 steps
Siouxland Business Journal, January 2014
to a healthy 2014
Once again we are at the beginning of a New Year, which can be a time for reflection on the past year and how to improve our well-being. Good health is the greatest gift we can give to ourselves, but it can be a struggle as we age. Aging is inevitable, but most of us will spend many dollars Deb Twyford on products to look younger, we will join health clubs to keep our bodies fit and we will eat healthier foods. The list goes on. According to Dr. Terri Ginsberg, of the Institute for Successful Aging at the University of Medicine and Dentistry of New Move more. Exercise improves heart Jersey, successful aging means more than health, and good heart health helps good health. It means taking charge of your prevent a range of related disorders, personal well-being so that you can con- including blood clots and depression. tinue to live a vibrant, independent life, regardless of your age. “Successful aging isn’t difficult, but it Read more. You can “exercise your does require a personal commitment to brain” with newspapers, books, magactive living,” says Ginsberg. Ginsberg azines and puzzles. recommends that adults of all ages follow these “10 Resolutions for Healthy Aging”: Laugh and sing. Is there a better way Sleep at night. Avoid frequent dayto enjoy life? And both will help you time naps, late night snacks or watchto worry less. ing television in bed.
Home & Office
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Take control. Be proactive about your own health. Ask your doctor Eat lots of colors. Vibrantly colored fruits and vegetables on your plate questions about your health and for mean a healthy diet that keeps your advice on positive lifestyle changes. body moving.
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Get involved. Local organizaGet checked out. Catch up on any tions of all types need volunhealth screenings your doctor has teers. Helping others is the best recommended and don’t forget eye tonic for feeling good about yourself. and dental check-ups.
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Remember, when setting goals for the new year, stay on track, keep focused and make small sustainable steps toward your goal. Be the best you can be at any age. Let’s have more fun in 2014 and enjoy life while aging successfully. Deb Twyford is a Registered Nurse and Stay in touch. Living alone doesn’t intrinsic coach at Mercy Business Health mean being alone. Reach out to Services, Worksite Wellness. Contact her at friends, neighbors and relatives. 712-274-4334 or Twyfordd@mercyhealth. com
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Worry less. It really is possible to “worry yourself sick.” Excessive worrying can lead to high blood pressure, digestive problems, chronic headaches and unhealthy weight gain.
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Siouxland Business Journal, January 2014
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Efforts underway to make 2014 a healthy year for Siouxlanders Live Healthy Iowa and Live Healthy America will help businesses, families, churches and organizations across the Siouxland community jump start healthy lifestyle habits for 2014 in a teambased format. This will help you feel better, look better and live a longer and healthier life. It is also proven to improve the culture or community, one team at a time, which is a Blue Zone Project goal, to make the healthy choice the easy choice! What is Live Healthy Iowa or Live Healthy America? LHI and LHA are fun, teambased “10 Week Wellness Challenges” designed to promote healthy lifestyle choices such as daily physical activity of 30 or more minutes, eating a healthy breakfast and healthy eating, weight loss, and making healthier choices a way of life! LHI is a nationwide program under LHA that proactive wellness leaders started in Iowa in 2002. Sponsored by UnityPoint Health and affiliates including St. Luke’s, Hy-Vee, the Iowa Department of Public Health and ISU Extension, among others, the program’s goal is to make Iowa the healthiest state in America, improving health and well-being of all Iowans and
Americans. LHI is giving away weekly incentive prizes throughout the 10 week program including gift cards, iPods, bikes and a grand prize Caribbean cruise for two participants who complete all 10 weeks of the wellness challenge and enter their weekly minutes of physical activity, and/or weekly weight online for each week of the program. When does the challenge begin? LHI and LHA run from Jan. 27 to April 4. How does the challenge work? • Build a team of 2-10 people including co-workers, family or friends. Your team may choose to participate in one or both wellness challenges – 1) weight loss 2) weekly physical activity, or enter both wellness challenges online at the LHI or LHA website. • Select a team captain, name your team and gather all team members’ email addresses and Tshirt sizes. Registration is only $20 per participant with free shipping! • Through Jan. 27, your team captain must register your team online at livehealthyiowa.org (if you live or work in Iowa) or livehealthyamerica.org (if you or your company is outside of Iowa).
• Log on to livehealthyiowa.org or livehealthyamerica.org, where you will have unlimited access to healthy recipes, videos, workouts and health information. • Throughout the challenge, don’t forget to log your weekly ERik Nieuwenhuis progress online including minutes of physical activity completed and/or pounds lost each • If the program is a component week. You must do this each of your organization’s wellness week to be eligible for any of the program, register your team with incentive prizes given away from your assigned Group ID. LHI or LHA. • LHI and LHA challenge you to • To receive this Group ID code for your company or organization, continue living a healthy lifestyle have your administrator contact even after completing the chalTraci Kepley at 888-777-8881, lenge. You will have continued ext. 111, or traci.kepley@livehe- access to all of the resources and althyiowa.org. The Group ID code tools to help maintain success and must be communicated with all celebrate your new view on healthy team captains within your com- living. pany/organization. This will allow What is in it for me and what’s you to track how many teams and new for 2014? For $20, participants get: people are involved in the 10 week wellness challenge to transform • Ability to sync with mobile your lifestyle behaviors and habits. apps and devices like Fitbit • If your company or organiza• Specialized fitness plans for tion is within the Siouxland area, participants to choose from request a group ID and ask Traci to • Upgraded reporting features on place your group under the “Live the personal dashboard to make reHealthy Siouxland” umbrella. The porting easier • New magazine choices business or organization with the highest percent of participation • Discount registration for statewill win the Live Healthy Siouxland wide finale 5K events traveling trophy. • Live Healthy Iowa or Live
Business Know How
Healthy America colored training T-shirt • Weekly motivational emails containing healthy tips and recipes • Live Healthy Iowa Access Card containing wellness discounts across the state • Live Healthy America Health & Wellness Book • Free registration for Winter Iowa Games and Summer Iowa Games and Zumba • 10 weeks access to Training Peaks • Chances to win monthly team incentives such as calendars, photo frames, Subway gift cards or stress balls • Chances to win individual prizes such as bikes, iPods or a 4 day/5 night Caribbean Cruise for 2 • A one-year subscription to the lifestyle magazine of your choice Who should I contact for more information? Traci Kepley, Live Healthy Iowa coordinator at 888-777-8881, ext. 111, or traci.kepley@livehealthyiowa.org. Eri k Nieuwenhuis is the WorkSmart Ergonomics Injury Prevention Specialist and Wellness Consultant for UnityPoint HealthSt. Luke’s. Contact him at 712-2791842 or erik.nieuwenhuis@unitypoint.org
BusinessPeople State paralegal group elects leaders
Sioux City was elected second vice president and membership committee chair. DES MOINES | The Iowa Association of Legal AsLaurie Bolluyt of the Sioux County Attorney’s sistants.Paralegals recently announced its officers and Office will serve as the association’s technology board of directors for 2013-14. liaison Nancy Suhr of Dave Jennett PC in Storm Lake is the Rhonda Henning of Buckmeier Daane Lawyers PC in
director from Region 3, which includes 16 counties in Northwest Iowa. Patty Nearmyer of Hopkins & Huebner, PC in Des Moines is the new president of the IALA.P, which was formed in 1987 through the merger of the Iowa Legal Assistants Association and Paralegals of Iowa Ltd.
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Siouxland Business Journal, January 2014
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Banker: Lapke’s spouse is Sioux City’s ‘Jewelry Lady’ from page 10 in 2006 and 2012, respectively. Though there is common ownership, each Central Bank location operates as a separate, full-service bank. The Sioux City location has assets of more than $200 million. “Each year, we’ve been able to grow,” Lapke said. In Sioux City, the bank has 38 full- and part-time employees. Being able to not only hire but also retain high-quality personnel has been a key to the bank’s success over the years, he said. While he is the president of a prominent bank, Lapke points out that his wife, Pam, is more famous in the community. Pam Lapke is known as the “Jewelry
Lady” for the retail business of the same name at 301 Sergeant Road, #201. The store, which Pam started from scratch in 2003, specializes in unique jewelry, handbags and other accessories. “I usually get asked, ‘Are you the Jewelry Lady’s husband?’ ” he chuckled. The Lapkes, who have married for 25 years, have two children; two children; Trey, 19, a freshman at South Dakota State University majoring in business, and a catcher on the Jackrabbits baseball team, and Lexi, 15, a freshman at East High School. Over the years, Jeff Lapke has donated his time and talents on a number of local boards, associations and clubs.
Davenport: Friends remember long-time Sioux City leader from page 7 his nursing home.” Davenport’s family was “paramount,” Johnson said. He was also an avid reader, Johnson noted, at one time subscribing to more than 30 publications. For Scott there is no doubt that Davenport strongly desired to give back to Sioux City. “He was a Sioux City guy all the way through,” Scott said.
That desire was twofold, Johnson said. Not only did Davenport want to give back to the community, but it was in his nature to keep active and to continually better himself, he said. “He was a mentor, a friend and a business genius,” Johnson said. “He saw problems and he sought solutions, and Fred spent his life filling those holes in the community.”
He has served on the Siouxland Medical Education Foundation and is on the Mercy Hospital Finance Committee. He is a former member of Junior Achievement and the United Way Fundraising Committee, a past co-chair of the Wine and Roses annual fundraiser. Previously, he served eight years on the Sioux Gateway Airport Authority Board and three years on the Camp High Hopes Board. He also served on American Heart Association Board and the Siouxland Chamber of Commerce boards. In 2012, he succeeded American Pop Corn Co. President Garry Smith as chairman of the executive committee of The Siouxland
Initiative, or TSI, the Chamber’s economic development division. In May, the Initiative was recognized by Site Selection magazine as one of the nation’s 10 best-performing economic development organizations. Through the years, private and public investors have contributed tens of millions of dollars to TSI, which uses the money for research, consulting, land purchases, low-interest loans and incentive packages. “It’s a positive board to sit on because you concentrate on making Siouxland better,” Lapke said. “If we can get existing businesses to expand or new businesses to come in here, in the end we all win.”
This year, TSI is celebrating its 25th anniversary. The organization, which focus on was launched in the midst of a recession in the metro area in the late 1980s. Today, the region is bustling with economic activity, led by the $1.7 million expansion of CF Industries’ Port Neal fertilizer plant. CF officials were the featured speakers at TSI’s annual luncheon in November at Western Iowa Tech Community College. Finding enough housing for the construction workers, as well as easing a labor shortage facing other growing employers, are among major TSI goals in the coming year.
Hotel: City incentives to assist project from page 11 in property taxes. That figure is expected to be nearly $464,000 a year after renovations. A public hearing is scheduled for Jan. 6 to consider the city’s financial incentives. Mayor Bob Scott said he was surprised by the large scope of the project, especially with renovations expected to only cost $6.5 million. “It’s more than I was expecting them to do, which is kind of
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exciting,” he said. “I wasn’t sure if they were going to keep a restaurant, conference rooms or ballroom there.” While renderings showing what the modernized hotel could look like had Councilwoman Rhonda Capron excited for the project, said added that there are concerns about the long-term viability. Developers say current designs should last for 10 to 15 years before the hotel needs another
facelift. The hotel is in its dilapidated condition today because previous owners never bothered to pursue new renovations, a move that hurt business at both the convention center and hotel, Capron said. The center booked seven events that required a significant number of hotel rooms in 2008. This year, only two events with the need for hotel rooms were booked.
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Siouxland Business Journal, January 2014
RibbonCuttings
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photos courtesy of the Siouxland Chamber of Commerce
BLING N FASHIONS Owner Dana Wendt and daughters Jenny Collins and Kristin Paterson cut the ceremonial ribbon opening Bling N Fashions. The business carries 2T to 14 girl’s bling jeans and sizes 0-19 in women’s. They also have a variety of purses, wallets, scarves, rhinestone belts, clothing, jewelry, printed leggings and much more!
LUXURY AUTO MALL Jake Fredrickson, Gavin Banik, Lloyd Nickle, and Spencer Imus cut the ribbon of Luxury Auto Mall in Sioux City.
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Siouxland Business Journal, January 2014
We Care for the Employees You Care for
DAILY GRIND MARKET & BAKERY Daily Grind Market & Bakery has reopened under new ownership at 411 Fourth St. The business features coffee drinks, bakery items, salads, sandwiches and bottomless soups. SIOUXLAND FEDERAL CREDIT UNION Siouxland Federal Credit Union officials Joel Steenhoven and April Noteboom cut the ribbon on Nov. 6 for the credit union’s new North Sioux City office, which relocated in August to the Dunes General store at 200 Tower Road.
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Siouxland Business Journal, January 2014
RibbonCuttings
www.siouxlandbusinessjournal.com
photos courtesy of the Siouxland Chamber of Commerce
F&M Bank F&M Bank Officials celebrate the 50th anniversary of F&M Bank serving the Siouxland community. Assisting bank President Tom Baurichter with the ribbon cutting are Phil Burns, bank chairman and CEO; bank directors Leonard Gill, Jack Sorensen and Van Phillips; and bank officers, employees and South Sioux City Area Chamber of Commerce and Siouxland Chamber of Commerce members.
THRIVENT FINANCIAL Thrivent Financial officials cut the ribbon Nov. 26 to celebrate the opening of their new office at 4300 S. Lakeport Rd., Suite 102. From left are Chad Robinson, Craig Tharp, Steven Carlson, Cindy Brewer and Janelle Tharp.
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Siouxland Business Journal, January 2014
IF THE NUMBERS HAD A VOTE, THEY’D EXPAND HERE.
PHOTO C O OUR UR T ESY OF SIO O U X C I T Y EC CO ON NOM OMIC DE V ELOP PM M
Numbers don’t lie. Iowa has one of the nation’s lowest costs of doing business. We’re a right-to-work state with a cost of living that’s below the national average. Ours is an environment built for businesses to prosper. It’s why our advanced manufacturing exports are up 179%. Why the growth of our bioscience companies has far outpaced the nation. Why we’re home to over 94,000 of the nation’s most savvy finance and insurance pros. Why our diverse economy is third in the nation in job growth. Dig more into the numbers at iowaeconomicdevelopment.com. With numbers like these, no wonder we’re “Iowa Nice”. iowaeconomicdevelopment.com
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Siouxland Business Journal, January 2014
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NEW
MBA, CCIM
President
Congratulations to Cubby’sDakota Dunes, LLC on its new location in Dakota Dunes. This transaction was brokered by Beau Braunger.
4901 G Street, SSC
200 Tower Rd, DD Vice President
NEW
PRICE REDUCED
NEW
1704 Hwy 75 North
USA Tire Management business & real estate for sale. 9,000 sf mfg facility. Inc. 4,160 sf toy box, 6,000 sf body shop & 2 singlefamily rental homes. Entire site is 6.4 acres.
High exposure. Lots of parking. North 2,100 sf leased for $900/mo. South 3,600 sf for lease @ $1,300/ mo w/equipped kitchen for rest & lounge. Rent south portion and/or buy whole property.
PRICE REDUCED
PRICE REDUCED
CCIM
6003 Gordon Colonel Krage
712-251-1451
Great Warehouse for Lease. Paved parking lot. Trailer parking. Fenced yard, dock & drive-in doors Easy access. East edge of town, at the juncture of Gordon Drive, Hwy 20/Hwy 75.
107 N Court, Elk Point
1910 Pierce Street
401W29thStreet,SSC
3 buildings near Court House in Elk Point for sale. 1,440 sf open concept newer modular office building, front shop bldg: 1,118 sf & old storage bldg in rear.
Pierce Street Laundromat offers a 100% turnkey operation. Has last 36 months of P & L statements to share. Lrg 15,000 s/f parking lot to south abuts this end cap in fully occupied retail building.
Standalone retail building w/ parking at the door for sale. Former Carousel of Flowers has a newly painted inside & dropped ceiling & is ready for you to move in. Rear storage area has an overhead door.
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