Another day, another new and promising opportunity for Ahmann Companies and Q4 Real Estate. What are we referring to in this blog? We would like to introduce the Villas at The Hub! Under construction on the NE side of Cedar Rapids, these market rate rental townhomes will sit near the previous Terex Manufacturing and Distribution facility. Looking to repurpose the area, Ahmann Companies has done a fantastic job master-planning the Villas at The Hub. Comprised of 3 bedroom/1.5 bathroom townhomes, this 4-plex project will be an exciting development for the Cedar Rapids community. In recent years, Ahmann Companies has been working on some beautiful mixed-use projects such as The Depot & 329, both located in the heart of the Newbo District. More recently, 500 on 1st, a studio property was completed across the street from the McGrath Amphitheatre in Kingston Village of Cedar Rapids. These have each been successful and fulfilling properties for Ahmann Companies, creating a positive track record across the board.
With more to come, our team is ready to deliver this housing development in the Spring of 2021. The Villas at The Hub will be a nice change of pace in a new sector of Cedar Rapids which Ahmann Companies and Q4 Real Estate are very excited about. Near local parks like Daniels Park, availability for daily activities is endless when residing at The Villas at The Hub. Residents will be very near to the popular Cedar River Trail that spans over 16 miles from Hiawatha to Ely. As you may know, cycling is very popular in the Cedar Rapids area and the trails are a constant destination throughout the year. Perhaps when you have free time throughout the various seasons, take advantage of collegiate sporting events and cheer on the Mt. Mercy Mustangs! Mt. Mercy outlets are close by and easily accessible for residents.
Full of modern features and finishes, residents will settle in quite nicely at this property. As construction continues, we will be sure to post updated photos for a better interior perspective. Our Q4 Real Estate team previously released additional details on the entirety of The Hub Development here; “The HUB is a multi-use redevelopment site Ahmann Companies is undertaking at the former Terex crane bay facility. The first phase of the site will be Villas at The HUB townhomes on a portion of the old parking lot. The second phase is slated to convert an existing crane bay into apartments. This conversion is said to preserve industrial elements such as overhead pulleys, iron bracket, iron beams, and walls of windows. The third phase of the property is proposing a five-story building on the demolished portion of the site, and offer first-floor parking due to the grade change of the site.” This is only a sneak peek of course, but do not worry. In the coming months, we will share additional updates on this new property as construction progresses to ensure pre-leasing information is available to you. If you have any questions, please feel free to reach our office today – 319-294-3339.
*Rendering provided by Fusion Architects, Inc.*
