Developer: Local 46-unit housing project moving forward
Add developer Karie Kading Ramsey of Urbandale to the list of Central Iowans eager to see the rain stop.
Ramsey, Chief Executive Officer of Kading, a Urbandale-based housing developer, said the wet weather has delayed road construction being paid for by Kading within the two housing developments on the city’s south side. One is near Iowa River Hospice on Plaza Heights Road, and the second near South Second Avenue and Glenda Drive.
“The site by Iowa River Hospice is earmarked for townhomes,” Ramsey said. “There will be 30 rental units in 15 buildings.”
Sixteen rental units are planned for the Glenda Drive-South Second Avenue site. Work started last year, and weather permitting, may be ready by mid-summer.
Housing has become a precious commodity locally since the July 19 tornado crushed or severely damaged a large number of rental properties and single-family homes.
“We are excited to add housing to the city of Marshalltown,” Ramsey said.
The CEO said the company is familiar with Marshalltown, having build rental properties on Plaza Heights Road a number of years ago. Ramsey, who has nearly two decades experience as CEO, said the company has constructed condominiums, bi-attached, 4-plexus and 14-plexus in 16 Iowa communities over 40 years.
To support the growing neighborhood, the city is planning more streets previously approved by the city council in its Capital Improvement Plan. At the May 28 meeting, a Clive-based engineering firm was hired to design the project for $422,918.
That fee will be paid from Iowa Department of Transportation Road Use Tax funds. Those monies are allocated to cities and counties from the IDOT.
“That initiative motivated us to move forward with this roadway project,” City Administrator Jessica Kinser said. “The only way in and out of the neighborhood which is heavy residential is Plaza Heights Road. The developer (Kading) set aside land on their property which will allow this extension … a transportation necessity to serve a growing residential area on the city’s south side.”
At-Large Councilor Bill Martin asked at the May 28 meeting if the project was going to be done in phases, to which Nickel said yes.
“The first section will stretch from the eastern terminus by Walmart to first intersection with Plaza Heights Road,” Nickel said. “The overall construction cost is approximately $3 million.”
Specifically, it will allow East Merle Hibbs Boulevard to expand from Walmart to Governor Road.
Nickel told councilors the roadway improvements will add paved roadway through agricultural fields to tie-in with Plaza Heights Road, and will end at a cul-de-sac by Iowa River Hospice.
For more housing information, visit kadingproperties.com, or contact 515-276-9384.