Lead Developer: 3 Diamond Development (3DD) offers high-quality apartment homes with specially designed amenities to meet the needs of the senior community. Since its creation in 2008, 3DD has been committed to developing first class living environments for senior citizens. 3DD’s portfolio includes 7 senior affordable developments in Illinois, Iowa, and Missouri; including more than 400 units.
Diamond Senior Apartments of Iowa City is a forty unit new construction senior development (aged 55 and older). The City of Iowa City has been very supportive of the project, and helped 3 Diamond identify and rezone the site, as well as award grant funds to make the project financially feasible. The project is located at the intersection of Towncrest Drive and William Street in the Towncrest Redevelopment Area, which was an area specifically targeted for redevelopment by the City. The previous use of the site had been an obsolete commercial building, which was demolished as part of the project. The project, which is on a bus line which connects the seniors to local shopping and services, helped to spur other redevelopment in the immediate area. The project consists of nineteen 1-bedroom units and twenty-one 2-bedroom units. 40% of the building is fully accessible for those with physical disabilities. Units have wireless internet and are cable ready. Appliances include refrigerator/freezer, dishwasher, microwave, electric range oven, a stainless steel sink and a washer/dryer.
Project Funding Sources
Unique Project Elements
Photo Credit: 3 Diamond Development Facebook Post