Plans for the Foundry Lofts apartment project in Des Moines received approval from the Urban Design Review Board on Tuesday. The project, located at 509 SE Sixth St., is valued at $15 million and is anticipated to add 46 residential units to the area.
Project Details
The approved design outlines a four-story building. Of the 46 total units, 25 will be two-bedroom apartments, 15 will be three-bedroom apartments, and six will be one-bedroom apartments.
Construction is currently scheduled to begin this spring. If the timeline holds, the Foundry Lofts are expected to be completed by late 2027.
Development Team
Market District Apartments LP is the operating entity for the development. This team includes Christensen Development, Gratus Development, and Axiom Consultants. Ask Studio in Des Moines is serving as the project’s architect.
Should construction proceed as planned, the Foundry Lofts could contribute to the housing supply in the area. Further development in the vicinity may follow, depending on market conditions and future approvals. It is also possible that the construction schedule could be affected by unforeseen circumstances.
Frequently Asked Questions
What is the address of the proposed Foundry Lofts?
The proposed Foundry Lofts will be located at 509 SE Sixth St. in Des Moines.
How many apartments will the Foundry Lofts contain?
The Foundry Lofts will contain a total of 46 apartment units.
Who is the architect for the Foundry Lofts project?
Ask Studio in Des Moines is the architect for the Foundry Lofts project.
How might a project of this scale impact the surrounding community?
