Three Davenport apartment projects move ahead with tax credit awards

Three Davenport apartment projects move ahead with tax credit awards

Quad-City TimesAlma Gaul – DAVENPORT, Iowa — hree new apartment projects proposed for Davenport have been awarded workforce housing tax credits from the Iowa Economic Development Authority, a financing boost that moves them closer to actually being built.

Merge Urban Development, of Cedar Falls, Iowa, received a $1 million award expected to trigger its purchase of city-owned green space south of the RiverCenter. The space would be used for construction of a $7 million, five-story building with 60 market-rate apartments and ground-floor retail to be called Urbane210. The apartments would include studio, one-bedroom and two-bedroom units, developer Brent Dahlstrom said.

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