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15 Mixed-income, mulit-family housing units coming to Northeast Des Moines Neighborhood

Posted August 14, 2013 in Altoona, Community Web Exclusives, Pleasant Hill

West Des Moines, IA (August 14, 2013) – Hubbell Realty Company is bringing 155 mixed-income, multi-family housing units to the northeast Des Moines’ neighborhood with the construction of Broadway Heights.  The company broke ground on both the first and second phases of the development this afternoon.

 Iowa Savings Bank Senior Vice President Scott Monical, equity investor David Fisher, Iowa Finance Authority Executive Director Dave Jamison, and Des Moines East and South Chamber of Commerce Ambassador Karla Alaniz helped Hubbell Realty Company Senior Vice President Hubbell Construction Services Steve Niebuhr and Development Vice President Kris Saddoris celebrate with the turning of the ceremonial dirt.

Iowa Savings Bank Senior Vice President Scott Monical, equity investor David Fisher, Iowa Finance Authority Executive Director Dave Jamison, and Des Moines East and South Chamber of Commerce Ambassador Karla Alaniz helped Hubbell Realty Company Senior Vice President Hubbell Construction Services Steve Niebuhr and Development Vice President Kris Saddoris celebrate with the turning of the ceremonial dirt.

With both a market rate and affordable housing phase, Broadway Heights is a unique mixed-income project.  The phases are being built simultaneously, allowing the community to meet the needs of residents with various income levels from the very start of the project.  Phase I, the market rate portion, consists of 90 units within three buildings as well as a clubhouse.  Phase II, the affordable housing portion, consists of 65 units within two buildings. Both phases will include one, two and three bedroom apartment homes.  The entire development is projected to cost $14.8 million.

The location of Broadway Heights, near the intersection of US-65 and US-6/Hubbell Avenue, provides residents with easy access to local schools, shopping, dining and any metro area destination.  Community amenities will include a community room, fitness centers, dog park, business centers and playground area.

Broadway Heights is located at 4216 NE 50th Street, Des Moines, Iowa and is being built by Hubbell Construction Services.  Apartment homes will be available beginning in summer 2014.  For more information, call 515.243.3228 or visit www.hubbellapartments.com.





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