Old vacant buildings in the warehouse district of Davenport could soon be a thing of the past as four abandoned warehouses are set to be renovated for residential living.
About 10 years ago businesses began to leave the area to relocate elsewhere, leaving an eye-soar of buildings with broken windows and in major need of repair.
But now those buildings will be turned into loft style, low-income and market rate apartments. This deal would add more than 200 new apartment to area around 5th and Iowa Streets. Other warehouse district apartment managers say they have a waiting list for those wanting to live downtown.
"They're in high demand both for younger people, families, people that older that don't want to care for the house anymore," said Judy Hoffmiller, assistant property manager at Crescent Lofts. "They're looking to come downtown so they can be close to the action."
Work on the building at 5th and Iowa is scheduled to be done by next year.
Other projects in are the process of securing funding but have a tentatively scheduled completion date by the end of 2015.