The City of Cedar Rapids is requesting $39.5 million in state aid to support “transformational development“ projects it estimates involve over $261 million in investment and that would generate nearly $7 million a year in property taxes. 1. First and First West Parcels originally assembled for a casino now would become a major development with over 140,000 square feet of commercial space including Big Grove, 207 residential units and roughly 100 hotel rooms. 2.