Urbane1220 is a 5-story mixed-use building on an under-utilized site on Sioux City's historic 4th Street. The project is the recipient of Iowa Economic Development Association's Disaster Relief Tax Credits for Workforce Housing, a program developed in response to devastating floods across Iowa in 2019. The site was purchased in 2020 from a private party and was developed pursuant to a development agreement with the City.
The project includes 56 residential units, approximately 3,000 square feet of commercial space, and a small parking garage for tenants. The building location features access to major thoroughfares, convenient access to public transportation, and walkable proximity to a range of employment & entertainment destinations. Residents will enjoy in-unit laundry and efficient unit design. The unit mix is a range of studios, 1 bedroom, and 2 bedroom units. This project will provide unique and desirable housing options for current and future workforce, aiding in flood recovery and serving the community’s ongoing competitiveness in the market talent. A unique factor of the development is the efficient single-dweller (an apartment for one person) unit design, generating attainable housing for workforce within the urban core.
Architect of Record: Slingshot Architecture
Structural Engineer: Raker Rhodes Engineering
MEPT: Modus Engineering
Civil/LA: Bolton & Menk
Construction Manager: Estes Construction
Lead Investor: Skydeck Capital
Tax Credit Program: IEDA Workforce Housing Tax Incentive Program - Disaster Recovery, IEDA Iowa Brownfield/Grayfield Redevelopment Tax Credit
Lender: Great Southern Bank