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| Was dead-ending 2nd Avenue a mistake, given the property tax volcano that is PCI? |
(3/16/2026) (Truth in blogging disclosure: Your author is a frequent visitor to the Physicians Clinic of Iowa medical mall, including Forefront Dermatology, PCI Labs, and PCI Urology. He is grateful for the care he receives. He pays $29,637 per acre in property taxes on his house.)
A few days ago, I was in a discussion of the city's decision--lamentable, I would still say--to close two blocks of 2nd Avenue SE to traffic to accommodate construction of a new Physicians Clinic of Iowa facility. An outgrowth of that discussion led me to the city assessor's site where I found, much to my surprise, that PCI, far from being an untaxed nonprofit, actually pays an impressive amount of property tax, even on a per acre basis.
Here, for comparison's sake, are 2024 tax data for some properties I've researched in previous posts:
Moving to the medical district, here are the major landholders:
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| Entrance to PCI Medical Pavilion I, where 2nd Avenue SE used to be (swiped from pciofiowa.com) |
(NOTE: I am not going to swear by these exact numbers, because unlike the firms in the first table, these institutions all contain multiple properties, and I may have missed some or double-counted others. So don't sweat the specific numbers; the rough magnitudes are what matter.)
The one that is not like the others, which Sesame Street has taught us to seek, is PCI. Its property tax bill is comparable to some of the most valuable land in the city, at least among the parcels I've haphazardly picked. I have no explanation for this, and if you have one, I would be grateful to learn it.
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| PCI former location on 8th Street SE (Google Maps screenshot from 2012) |
One can't blame the City of Cedar Rapids for paying attention back in 2010 or so when PCI threatened to move to Hiawatha. On the other hand...
My ongoing rants at the MedQuarter center on its lack of walkability, and the broken connection between Downtown and the neighborhoods. Those are the fundamental problems, not the tax treatment of different payers. Closing 2nd Avenue messed with the city's street grid, and the style of development in the MedQuarter prevents more compatible development, as well as making even the core of the city car-dependent.
SEE ALSO: Sarah Davis, "The Question Every City Should Be Asking," Strong Towns, 4 August 2021










