Stuart Enterprise for Economic Development:
What is SEED?
Stuart Enterprise for Economic Development (S.E.E.D.) is a non-profit corporation that was created over 40 years ago. It was developed by business owners in Stuart to promote economic development. These business owners devote their time as volunteers to create more opportunities within the community.
Since its inception, S.E.E.D. has contributed to a $1.2 million increase in valuation, collaborating with City officials on large projects, and acquiring blighted neighborhoods and increasing valuations by improving or building new properties.
Current and Future Projects
S.E.E.D.’s latest venture is a housing development located by the high school that consists of 32 lots. This aggressive project allows the non-profit to give away lots to homeowners and builders in an effort to increase Stuart’s population, help the local economy, and increase its tax base.
In 2001, S.E.E.D. collaborated with the City of Stuart and demolished a run-down, drug-infested trailer park and built an apartment complex which was sold and is now valued at $500,000. S.E.E.D. has also partnered with Farmers Electric Co-op and built a spec warehouse in Stuart’s business park. This was eventually sold to Wausau and has a valuation of $400,000 and provides the town with local jobs.
The non-profit purchased three dilapidated buildings in downtown Stuart, along with a development agreement with the City, demolished and sold the property to an investment company. As a result, a Dollar General store was constructed and is valued at $300,000. This also provides local jobs.
S.E.E.D. is aware of the benefits recreational activity brings to a town and how important Emergency Services are to the well-being of Stuart citizens. Subsequently, they became the recipient of a grant to construct a walking/biking trail that is currently situated around the old athletic complex; and traded land with the City of Stuart so a helipad could be constructed to provide Life Flight an area to land in emergencies.
Membership in SEED:
Joining the Stuart Enterprise for Economic Development is a great way to help make yourself a part in improving the quality of life and business in Stuart. Below is an application form with more information on joining.
Town & Country Insurance
First State Bank
Adair County Health
Roy Sargent Building
Shaw-Belden Insurance Agency
What is SEED?
The Wambold Addition is a new housing development on the eastern side of Stuart built to encourage community development and to encourage people to move to Stuart. The development consists of 32 lots that were mapped along a new road built as an extension of 2nd Street. The lots have all been claimed, with many houses constructed. We are currently planning a second phase of development in the region. For more information on the project, visit the full page here.
Community Visioning Program
Stuart is one of ten communities chosen to participate in the Iowa Living Roadways Community Visioning grant program. This is a partnership between Trees Forever, Iowa State University, the Iowa DOT, and private landscape architects from Bolton and Menk. The project looked at what various improvements could be made to Stuart’s roadways, sidewalks, and park development. For more information on the project, view the full page here.