The start of construction on a $16 million, 133-unit apartment complex in downtown Mason City has been set.
Read MoreGroundbreaking for 16M Mason City Apartment Complex Set
The start of construction on a $16 million, 133-unit apartment complex in downtown Mason City has been set.
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As Spencer Planning & Zoning director Kirby Schmidt explained recently, he has worked for the city for 25 years. “And Windcrest is the first market-rate apartment I’ve issued a permit for. All the others were either income subsidized, tax credit, or senior housing projects. The last market-rate apartment building was Oak Crete,” a three-story complex with one and two-bedroom units across from East Leach Park on East 4th St. “Oak Crete was built in the early ’90s. That’s a long gap.”
Both Southern Pointe and Windcrest are located in the southwest corner of the city. And both experienced unexpectedly slow construction during the winter, due to early snowfall and frost.
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Daryl Beltman, President of the Orange City Development Corporation added, “The Orange City Development Corporation is excited to partner with Eagle Construction to provide additional housing options for our community. We appreciate their significant investment in Orange City.”
Hillcrest Apartments LLC. will build a 3 story 46 unit apartment building that will consist of one and two bedroom apartments and feature a community room and elevator. There will also be up to 4 townhomes (8 total units) that will have 2 or 3 bedrooms with garages. This will represent a nearly $5.2 million dollar capital investment in Orange City. Eagle Construction of Sioux Falls South Dakota is the general contractor for the project. The projected completion date is set for August 2019.
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The Heights and The Quarters in Vermillion go beyond the standard dorm room, apartment or house.
“We not only want to provide a place for them to live but also a sense of community. We really want the students to be able to bond whether it’s out at our pool, one of our study spaces, or one of the social events that we’re going to host,” Laura Grinsell with The Heights said.
The Heights is geared only for full-time college students. In an attempt to keep living costs down for students, leases at The Heights include utilities, cable, internet, in unit laundry and furniture. There are also amenities like a pool, fitness room and a sky deck complete with couches and grills.
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