CRE L Iowa

Hubbell Realty Company transforms former home of Studebaker Corporation into multi-family community

loft

14Forty, a rental multi-family community located directly south of the Pappajohn Sculpture Park in Des Moines’ Western Gateway neighorhood, welcomed its first residents April 4.

14Forty, a rental multi-family community located directly south of the Pappajohn Sculpture Park in Des Moines’ Western Gateway neighorhood, welcomed its first residents April 4.

The project, developed by Hubbell Realty Company, is a historic renovation of the Mitchell Transmission Building, former home of Studebaker Corporation of America’s branch office.

14Forty, an $8.2 million development, features 37 one- and two-bedroom loft apartments. The lofts rise above 3,600 square feet of retail/office space, occupied by Shiffler Associates Architects, PLC and Marc Stephens Salon, as well as 57 indoor parking spaces.

Lofts range from 530 square feet to more than 1,000 square feet. Amenities include a rooftop patio with grills, cinema, community room with shuffle board, business center and a 24-hour fitness center.