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CEDAR RAPIDS — A proposed 192-unit affordable housing development in southwest Cedar Rapids aims to complement and support the ongoing construction of the city’s new Westside Library.

Carmel, Indiana-based developer Pedcor Investments recently finalized its purchase of roughly 12.3 acres of land between Edgewood Road and 20th Avenue SW from the Cedar Rapids Public Library Foundation.

The development — dubbed The Atheneum — will include a mix of one-, two- and three-bedroom apartments, said Pedcor Investments Senior Vice President of Development Michael Byron, for an overall investment of approximately $38 million.

Atheneum is a word with Greek roots that refers to a building or room where bo

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