ARC PHYSICAL THERAPY+ TO OPEN MID-SUMMER AT CITYVILLE ON 9TH
West Des Moines, IA (April 21, 2015) – High daytime traffic in and out of downtown Des Moines, coupled with the growing residential population within the city’s newest neighborhood makes this a great location for ARC Physical Therapy+, an outpatient physical and occupational therapy provider seeking to service clients and patients in Des Moines.
“We have business in Iowa that we would like to service, and the timing is right for us to have a clinic in Des Moines,” explained Jeff Weeks, Chief Operating Officer for ARCPT+. “This location will allow us to offer physical and occupational therapy with easy access for our clients both existing and new. We are extremely excited about being a part of the Des Moines business community and look forward to additional opportunities in the State of Iowa.”
Hubbell Realty Company and Persimmon Capital Partners pioneered a new neighborhood concept with the Cityville on 9th development. The mixed-use, multi-family and commercial development is located on 10.5 acres south of MLK Parkway and is a three-phase project, with 111 apartment homes, a trendy clubhouse and 12,000 square feet of commercial space ready in the first phase.
“This commercial space is a hot commodity,” explained Rick Tollakson, Hubbell Realty Company President and CEO. “A business-savvy entrepreneur or service provider knows that a new neighborhood like Cityville creates its own micro-economy, which allows small businesses to thrive on both the interaction with the neighborhood audience and the drive-by customer.”
ARCPT+ has leased approximately 3,800 square feet of commercial space and plans to open mid-summer. This is the first commercial lease for Phase I. The apartment homes in Phase I are 77 percent leased and offer captivating downtown Des Moines skyline views and a clubhouse with recreational amenities better than most homes. “Early adopters” have moved in while final construction takes place, added Tollakson.
Hubbell plans to break ground on Phase II later this year which will bring an additional 111 residential units (3 new buildings) and an additional 12,000 square feet of commercial space. For residential leasing information, call 515.221.6627 or visit www.hubbellapartments.com. For information on commercial space, contact Jeff Spence or Colleen Johnson with CBRE|Hubbell Commercial at 515.224.4900 or visit www.cbrehc.com.