Iowa

CEDAR RAPIDS, IOWA — T.W. Sather Co. Inc. has broken ground on the $9.7 million Kingston Village Apartments in downtown Cedar Rapids. The apartment complex located at 200 Diagonal Drive includes 64 units and features a mix of one-, two- and four-bedroom apartments. Amenities at the four-story property include management offices, a fitness center, a business center and community room. The project involved Section 42 financing from the Iowa Finance Authority (IFA), Iowa Economic Development Authority (IEDA), the city of Cedar Rapids and Bank Mutual. The project is part of major redevelopment efforts following the Iowa flood of 2008, a hydrological event that involved most of the rivers in eastern Iowa.

GRIMES, IOWA — Hubbell Realty Co. has begun construction on three new apartment buildings and a clubhouse at Meadowlark Place, an apartment community in Grimes. The third phase of expansion, totaling $9.3 million, is located at 1000 S.E. 11th St. The complex is undergoing another expansion with the addition of 90 apartment units, a second community clubhouse, a pool surrounded by expansive patio areas and 58 garages. Following the completion of construction, Meadowlark Place will feature two clubhouses that will both feature a 24-hour fitness center, theater room and community room. Meadowlark Place, a mixed-income project with both market rate and affordable housing units, includes one-, two- and three-bedroom apartment homes. The units feature in-unit washers/dryers, designer appliances, patios or decks, accent paint colors and spacious closets. Hubbell Construction Services is building the project. Meadowlark Place’s new apartment homes will be available beginning in spring 2015.