$63 million project near Drake University includes apartments, townhomes, remodeled Varsity Theatre

drake project merge urban development

$63 million project near Drake University includes apartments, townhomes, remodeled Varsity Theatre

Kim NorvellDes Moines Register – Drake University is selling land it owns east of campus for a $63 million development that includes apartments, townhomes, commercial/retail space and a remodeled Varsity Theatre.

It’s the latest piece of Drake’s long-term plan to redevelop the neighborhood around the Des Moines campus that includes new buildings for the Boys and Girls Clubs of Central Iowa and Harkin Institute for Public Policy & Citizen Engagement, an extended stay hotel and streetscape improvements along University Avenue.

About Merge
We partner with progressive communities to curate, build, and sustain urban areas for people. Our focus is midwest opportunity zones.

Our Projects
North Side Yard – Apartments in Stevens Point, WI
Art Bloc – Apartments in Waterloo, IA
Arabella – Apartments in Cedar Falls, IA
The Temple – Apartments in Waterloo, IA
Urbane210 – Apartments in Davenport, IA
Mackson Corners – Apartments in Oshkosh, WI
BRIO – Apartments in Oshkosh, WI