Matt Hauge, spokesperson for the Polk County Housing Trust Fund, which helps fund, build and retain affordable housing in the metro, said its board of directors on Friday did not approve the St. More: Developer of 'transformative' Des Moines projects, Blackbird faces future clouded by mistrust, legal and financial issuesĭeveloper works to secure financing one request for public money rejectedĪnderson said the city is "running our spreadsheets and proposing ways to use tax increment financing and tax abatement to help close some of the gap." Terms would likely go to the City Council for approval in the next few months. On the top floor would be a gaming lounge, dining lounge, rooftop deck and cantilevered pool hanging over the street. The second floor would have a shared workspace, conference room, fitness room and yoga studio. "(Teeling's) plan is to build basically what the Blackbird tower was supposed to be - a high-rise tower with very little commercial space … and with a significant number of affordable units."īlackbird's plans, initially valued at $100 million, included a 340,000-square-foot tower with 336 apartments, 40% of which would be considered affordable. The first floor would have bike storage, a dog run and a public restaurant. "Blackbird had gotten really far down the road with Neumann Monson Architects on the architecture," said Deputy City Manager Matt Anderson. More: As legal issues entangle Blackbird Investments, will it build its planned 33-story tower in downtown Des Moines?
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |