REDEVELOPMENT
Description
Land at the corner of Gilbert and Benton Street for sale in a high growth area in the Riverfront Crossing District of Iowa City.Located just down the street from Big Grove Brewery, Riverfront Crossings Park, senior living facilities, Riverfront Crossings luxury apartments and a four minute bike ride to the University of Iowa campus.
Development incentives can include Tax Increment Financing and potentially land cost write down, site preparation and business attraction. Site is ideal for market rate multifamily/mixed use project, independent senior living and more.
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The site is part of the Downtown & Riverfront crossings master plan
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Full plan available on our website - shatteredglassdev.com
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Planned crossing enhancements for bicycle and pedestrian traffic
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City desires a Live-Work emphasis with a Main Street character
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Mixed Use development up to 5 stories with height bonus
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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