DES MOINES, Iowa — A development firm has announced plans to build a 26-story apartment tower on the site of the former Younkers department store destroyed in a 2014 fire.
Blackbird Investments revealed several new details of the project Friday, The Des Moines Register reported (http://dmreg.co/2cylROY ). Those details included plans for a skywalk-level park and a pool that juts out from the top floor, hanging hundreds of feet above downtown.
Blackbird estimates the concrete and glass tower will cost $85 million, up from its original $60 million estimate. Plans for the proposed 300,000-square-foot building include 276 apartments and a business center that will offer office space and conference rooms for tenants to reserve.
The project is scheduled to go before the city of Des Moines’ Urban Design Review Board on Tuesday.
Blackbird hopes to begin construction as soon as November, but the schedule will depend on receiving approval from the city of Des Moines. Construction is expected to take 22 months, so the building could open as early as mid-2018, the firm said.
The cantilevered pool would jut out about 11 feet from the building’s west edge. The pool walls will be constructed of glass, so brave swimmers could look through the water down at the city below. The elevated park would span Walnut Street and would be open to the public. Designs feature outdoor seating, tables and a lawn on the same level as the skywalk.
Blackbird plans to charge rental rates of about $2 per square foot. That comes to $1,500 a month for a 750-square-foot, one-bedroom unit.
Information from: The Des Moines Register, http://www.desmoinesregister.com