Bedrock
Rezoning

West 3rd Street and Norton Street (west side), Waterloo, IA

On municipal recordWaterloo, IA
4/ 5
High impact
Bedrock impact score
Action type
Rezoning
Asset class
Multifamily / Residential
Status
On municipal record
Filed
2026-08-03
Jurisdiction
Waterloo, IA
Days on record
Not dated
Aerial view of West 3rd Street and Norton Street (west side), Waterloo, IAApprox — jurisdiction center
Aerial — close view · EsriInteractive map ↓
Street View ↗
01Investment highlights

Why this deal matters

  • Rezoning in Waterloo, IA · Multifamily / Residential
  • Bedrock impact score 4 of 5 — High impact
  • City-initiated rezone unlocks ~10.67 acres for planned residential (single-family + townhomes) on what was commercial/ag land
  • A rare municipally-sponsored entitlement that signals political will and reduces approval risk for a residential developer or builder ready to move quickly.
02Deal summary

The rationale

City-initiated rezone unlocks ~10.67 acres for planned residential (single-family + townhomes) on what was commercial/ag land — a rare municipally-sponsored entitlement that signals political will and reduces approval risk for a residential developer or builder ready to move quickly.

Waterloo City Council will hold a public hearing on August 17, 2026, to consider rezoning ~10.67 acres from C-1 (Neighborhood Commercial) and A-1 (Agricultural) to R-3,R-P (Planned Multiple Residence) to accommodate 14 lots of single-family homes and townhomes near West 3rd Street and Norton Street.

03Deal facts

The filing record

Jurisdiction
Waterloo, IA
Action type
Rezoning
Asset class
Multifamily / Residential
Applicant
City of Waterloo
Status
On municipal record
Filed
2026-08-03
Days on record
Not dated
04Location

Where this sits

Approximate — centered on the jurisdiction (no exact street address on file).Esri World Imagery
West 3rd Street and Norton Street (west side), Waterloo, IA
42.49230, -92.35190 · approximate (jurisdiction center)
Street view

At street level

Street view of West 3rd Street and Norton Street (west side), Waterloo, IA
Google Street View · nearest outdoor imagery
Area demographics

Black Hawk County

131,813
Population
$54,774
Median HH income
53,321
Households
$664
Median rent
U.S. Census · ACS 5-year
Nearby amenities

Within ~1 mile

20 Transit
8 Schools
20 Dining
2 Grocery
6 Banks
14 Parks
Points of interest · Google Places
05Record timeline

Filing to current status

  1. Filed with jurisdiction
    2026-08-03
    On the municipal record
  2. Scored by Bedrock
    Relevance 4 / 5
    Automated land-use signal
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