Velocity

200 Des Moines Street, Des Moines, IA

Velocity joins the Bridge District neighborhood with an edge, urban look and incredible amenities. The first floor has 78 indoor parking spaces, indoor bike storage and repair, and walk-up apartment units. There are community elements located on every floor and the highlights of the amenity package are the lounge pool with a cabana, two-story pool house, and a resort style fitness and yoga room.

Services Offered

  • Development
  • General Contracting

Amenities

  • Outdoor Pool & Patio
  • Multiple Clubrooms
  • Largo Rooftop Patio

Apartment Specs

  • Micro (510-700 SF)
  • One-Bedroom (725-1,025 SF)
  • Two-Bedroom (1,095-1,275 SF)
  • Three-Bedroom (1,430-1,485 SF)

Capital Stack

  • Bank Debt
  • Workforce Housing Tax Credit
  • Tax Abatement

  • Multifamily
  • 115 Apartments
  • $21 Million
  • Projected Completion February 2019