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REDEVELOPMENT

Description

High growth area is in the Riverfront Crossing District with an opportunity for a Mixed Use development. The site offers 1.2 acres or more of land available just down the street from Big Grove Brewery, Riverfront Crossing Park, senior living facilities, Riverfront Crossing luxury apartments and a four minute bike ride to the University of Iowa campus.

 

Development incentives include Tax Increment Financing and potentially land cost write down, site preparation and business attraction. Site is ideal for LIHTC or market rate project.

  • The site is part of the Downtown & Riverfront crossings master plan

  • Full plan available on our website - shatteredglassdev.com

  • Planned crossing enhancements for bicycle and pedestrian traffic

  • City desires a Live-Work emphasis with a Main Street character

  • Mixed Use development up to 5 stories with height bonus

  • Site is a good fit for market rate multi-family, LIHTC development, senior living, condos, student housing as well as retail and restaurant optional on the first floor

 
Aerial

MIXED USE
REDEVELOPMENT OPPORTUNITY

Gilbert and Benton St., Iowa City

Overview
Type of Project: 1.2 AC or more of land at the corner of Gilbert and Benton St. in Iowa City 
City Envisioned Projects: Mixed Use up to 5 stories with height bonus 
Brokers
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