Peosta City Council approves Round 2

PEOSTA, Iowa – Peosta City Council members approved a development agreement with the owners of Round 2, the new family entertainment center. The project will receive tax-increment financing benefits and could garner up to $440,000 during the 15-year agreement. Council members also approved a $50,000 forgivable loan for the new facility which is slated to open the day before Thanksgiving on Peosta Commercial Court across from Fareway.
The 17,500-square-foot $3 million facility will feature 12 bowling lanes, an arcade, bar, dining area and outdoor patio.