Make investments DSM Declares Main Improvement Web site for Highland Park Historic Enterprise District – thqaftqlm

Make investments DSM Declares Main Improvement Web site for Highland Park Historic Enterprise District

Press Launch

Des Moines, Iowa — Monday, April 10, 2023 — Make investments DSM, a collaboration between the Metropolis of Des Moines and Polk County dedicated to neighborhood revitalization, introduced at present a serious improvement alternative for the Highland Park and Oak Park Neighborhoods.

Within the coronary heart of the 2 north facet Des Moines neighborhoods, The Commons at Highland Park, will present a mixed-use improvement web site on the southwest nook of Euclid Avenue and sixth Avenue and ship dozens of inexpensive housing items and street-level business house for future retail alternatives.

“Make investments DSM has been closely concerned within the revitalization of this neighborhood and enterprise district,” Make investments DSM Govt Director Amber Lynch stated. “We’ve got seen the outcomes with new companies opening up and the elevated demand for housing on this space, the momentum is beginning to construct.”

Make investments DSM bought the constructing in early March after plans with a earlier developer proved to be financially infeasible. Benchmark Actual Property Group had hoped to rehabilitate the constructing to develop the three-story construction into 14 studio residences with two business areas. Further builders had additionally decided renovating the construction was not economically viable.

The constructing is recognized as a public nuisance. Based mostly on the deteriorating and dilapidated situations, Make investments DSM plans to demolish the construction. Combining the constructing’s web site with three adjoining properties that Make investments DSM owns to the west, a mixed-used four-story facility with 40-50 housing items and ground-floor business house might be attainable.

“Change will be onerous, and it’s a loss to have a historic constructing that’s been a part of the material of the neighborhood for many years go away,” Lynch stated. “That stated, this construction is past inexpensive, sensible restore and it ought to be changed in order that the vibrancy of those two neighborhoods can proceed to flourish.”

As a result of this constructing is a contributing construction within the historic district, its demolition will must be reviewed by the Metropolis’s Landmark Evaluation Board after which despatched to the Metropolis Council for consideration.

“We will make manner for a improvement that’s going to have a long-lasting affect on the Oak Park and Highland Park neighborhoods,” Lynch stated. “It creates a chance to convey extra housing items to help the district and add business areas. The long run is vibrant for this space – it’s a spot folks wish to be.”

For added details about The Commons at Highland Park and to view a video detailing the event, go to investdsm.org/information.  _________________________________________________________________________________________________________________________________________________________________________________________________________________________
For extra data, contact:

Make investments DSM
(515) 221-8410

About Make investments DSM
Make investments DSM is a collaborative non-profit group that leverages modern and complete options to strengthen neighborhoods. Created in 2019 by the Metropolis of Des Moines and Polk County, Make investments DSM is working to reverse the disinvestment and decline which have been undermining Des Moines neighborhoods for many years. The group at the moment serves 4 pilot neighborhoods often called Particular Funding Districts (SIDs). For extra data, go to www.InvestDSM.org.

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