$10M, 113-unit apartment complex proposed for downtown Mason City

It would be located in the overflow parking lot south of Southbridge Mall.

Posted: Mar 4, 2019 11:14 AM
Updated: Mar 4, 2019 9:40 PM

MASON CITY, Iowa – Mason City mayor Bill Schickel is calling a $10M, four-story apartment complex that is being proposed for downtown Mason City “one of the first major spinoffs” of the River City Renaissance Project.

Related: More on the River City Renaissance Project.

Schickel announced Monday that Talon Development, of Sioux Falls, South Dakota, is proposing the project that would bring a four-story, 113-unit apartment complex to downtown, with rent at market rates.
Schickel said it would be located in the overflow parking lot south of Southbridge Mall.

He adds that it would be a great asset to the area, especially to a riverfront that is underutilized.

"Housing is a priority to the city council. In particularly, downtown housing. There's a renewed interest in this kind of thing. These will be quality apartments right in a prime location right on the riverfront, right next to a re-energized mall, and we think it will be advantageous to Mason City.

"If this goes through, yes it would use some of it [parking]. But that is a highly underutilized overflow parking, and we feel we can make some other parking arrangements."


The city council is expected to set a public hearing date during Tuesday’s council meeting. Schickel is hoping that groundbreaking could begin this summer.

Article Comments

Mason City
Clear
33° wxIcon
Hi: 37° Lo: 25°
Feels Like: 24°
Albert Lea
Clear
30° wxIcon
Hi: 37° Lo: 24°
Feels Like: 25°
Austin
Clear
30° wxIcon
Hi: 38° Lo: 23°
Feels Like: 25°
Charles City
Clear
32° wxIcon
Hi: 38° Lo: 21°
Feels Like: 24°
Rochester
Clear
28° wxIcon
Hi: 35° Lo: 22°
Feels Like: 20°
Mild weekend. Snow Tuesday
KIMT Radar
KIMT Eye in the sky

Latest Video

Image

Section boy's hockey highlights from Saturday

Image

Sean 2/22 2

Image

Section 1A wrestling finals

Image

Rochester Salvation Army thanks community

Image

Section 1AA wrestling finals

Image

Recognizing law enforcement on Arik Matson Day

Image

Section 1AAA wrestling finals

Image

Sean Weather 2/22

Image

Sports Overtime highlights part two

Image

Hayfield High School Donkey Basketball

Community Events