5Fifty5 Townhomes

555 SW 7th Street, Des Moines, IA

5Fifty5 townhomes were designed to bring together the energy of downtown and the serenity of the river life. These townhomes offer a brand new style of living to downtown with elements designed to connect to nature and provide a unique urban living option and style to the area’s hottest market.

Services Offered

  • Development
  • General Contracting


  • Two-, Three-, and Four-Story Units
  • Roof-Top Patios

Apartment Specs

  • Two-Bedroom (1,590 SF)
  • Three-Bedroom (1,590-2,210 SF)

Capital Stack

  • Bank Debt
  • Enterprise Zone Tax Credit
  • Tax Abatement

  • Multifamily
  • 47 Urban Townhomes
  • $13.0 Million
  • May 2017