CRE L Iowa

Hubbell Realty breaks ground on 155 mixed-income housing units in Des Moines

Hubbell Realty Company is bringing 155 mixed-income, multi-family housing units to the northeast Des Moines neighborhood with the construction of Broadway Heights.

broadway heightsHubbell Realty Company is bringing 155 mixed-income, multi-family housing units to the northeast Des Moines neighborhood with the construction of Broadway Heights.

Hubbell broke ground on both the first and second phases of the development Aug. 14.

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 start of the project.

Phase I, the market-rate portion, consists of 90 units within three buildings and 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.

Hubbell Construction Services is building the apartment community. Apartment homes will be available beginning in the summer of 2014.