- Associated Press - Tuesday, May 19, 2015

WATERLOO, Iowa (AP) - A Cedar Falls brewery looking to expand its operations may move into the site of a vacant Wonder Bread bakery in downtown Waterloo.

Owner Dave Morgan of Single Speed Brewing Co. said he likes the former bakery building and its location, which is near the Cedar Valley SportsPlex and Young Arena, the Waterloo-Cedar Falls Courier (https://bit.ly/1S75lR6 ) reported.

“We have a couple of different ideas for the space, but we haven’t gotten too far into it because it’s not our building,” Morgan said. “We have already invested (planning) dollars in this, and we’re excited and looking to move forward.”

The bakery stopped production in November 2012 when Hostess Brands filed for bankruptcy, and the City Council later voted to buy the property from Flowers Baking Co. for $400,000.

Waterloo Mayor Buck Clark said no development agreement is in place for Single Speed to acquire the building but called the company a “legitimate prospect.”

The Waterloo Development Corp., a nonprofit development group, and a Wisconsin firm serving as a consultant on downtown revitalization projects have both looked at the brewery’s preliminary plans, which include a full restaurant and beer hall.

But Community Planning and Development Director Noel Anderson said there’s been “some question from the WDC and others about whether we want to keep a single-story building in that location.”

“There are some people questioning whether that is the best use for that location,” Anderson said.

City council member Pat Morrissey is pushing for the city to consider a development agreement by its July 13 meeting. He’s part of a group wanting to save the building instead of it being torn down for redevelopment.

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Information from: Waterloo-Cedar Falls Courier, https://www.wcfcourier.com

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