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Fri April 20, 2012
Keokuk Development Proceeding
Construction is picking up at the former Eagles building in downtown Keokuk. The two-story structure is being redeveloped for residential and commercial use.
Main Street Keokuk’s Joyce Glasscock says the biggest reason for the increased activity is the funding for the project is now in place. She says the development is taking advantage of grants and historic tax credits.
Glasscock says crews have already removed asbestos, replaced the back half of the roof and tore up the ground where several private garages will sit. She says everyone involved is trying to stick to a tight timeline with completion by mid-October but maintaining mid-December at the latest.
Glasscock says individuals and businesses have already expressed an interest in the property. She says in particular, they are interested in the proposed high-end, upper-story apartments.
Glasscock says these will be priced above market-value to provide a unique living opportunity. She says the property will feature private garages and a rooftop garden.
The former Eagles Building is currently owned by an arm of Main Street Keokuk. The idea is to sell the building, once it is up and running, and move on to a new property.
Glasscock says her hope is that this project will show others how residential and commercial development can occur in downtown Keokuk.