Three historic buildings in downtown Sioux City to be renovated
Plans to bring more than 140 apartments, along with retail and office space to Sioux City took a big step forward as well for three locations. Each location will undergo a complete transformation.
That's all thanks to the Omaha Developer, J. Development, investing $34 million to the Sioux City project.
"Sioux City's done such a fantastic job in the past of all the arts and culture and things that are here."
The renovation projects will take place at the Hatch Furniture Building on Pierce Street, also at the Methodist Hospital Building on Douglas Street, and at the Commerce Building on Nebraska Street.
"Historic pieces here and there that will be able to integrate into the unit and we're excited for the challenge."
J. Development will renovate and enhance the properties and at the Commerce Building where the press conference was held Friday, the Nebraska Street building will create 77 new market rate apartments.
"There's something about the Iowa people that welcome you and don't really feel like an outsider and we want to continually be part of the community."
City officials are calling this a huge benefit for the economic development of Sioux City.
"It's $34 million worth of projects that's not a small amount of money in this community. That's a very large construction project and it'll put a lot of people to work for quite sometime in this community but more importantly will save some historically significant buildings," said Bob Scott, mayor of Sioux City.
Renovations at the Commerce Building will take place this winter and expected to complete in 18 months, followed by renovations at Methodist Hospital and the former Hatch Building.