Officials hope $5.7M development in Council Bluffs will draw businesses

Officials and merchants in Council Bluffs hope a $5.7 million development in the western Iowa city’s key commercial district may help attract businesses from Omaha, Nebraska.

The Omaha World-Herald reports that the Rise residential and commercial building is set to open next spring. The almost 27,000-square-foot project will have 24 apartments, ground-level retail and dining space.

Ryan Spellman is with J Development, a partner in the project. Spellman says the building will feature a contemporary style to help attract a young population in Council Bluffs.

Spellman says the one-bedroom units will lease for between $850 and $950. Lori Shields is a spokeswoman for the Council Bluffs Area Chamber of Commerce. She says the project is part of a larger effort to revitalize the area.

Original source: KCRG. 
Posted on 24 July 2017.