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DOWNTOWN DES MOINES’ ROCKET TRANSFER LOFTS CELEBRATES GRAND OPENING 100% LEASED

West Des Moines, IA (July 23, 2013) – Rocket Transfer Lofts, located south of MLK Jr. Parkway in downtown Des Moines, celebrated its grand opening today with a ribbon cutting ceremony.  The 58-unit, $8 million, historic rehabilitation developed by Hubbell Realty Company is currently 100% leased.  Rocket Transfer Lofts opened for occupancy on June 30.

 
Des Moines Mayor Frank Cownie, Des Moines City Councilwoman Christine Hensley, Des Moines Assistant City Manager Matt Anderson, Downtown Community Alliance President/CEO Glenn Lyons, and Des Moines East and South Chamber of Commerce Past President Craig Krouch helped Hubbell Realty Company executives, including President and CEO Rick Tollakson, Senior Vice President Krista Capp, Senior Vice President Steve Niebuhr and Development Vice President Kris Saddoris, cut the ceremonial ribbon.

Rocket Transfer Lofts offers one and two bedroom lofts that balance original architectural elements, including exposed wooden beams and brickwork, with contemporary paint schemes and fixtures.  The lofts also feature soaring ceilings, large windows with city views, in-home washers/dryers and open kitchen and living areas.  The community provides amenities such as a community room, business center, 24-hour fitness center, cinema with surround sound, rooftop patio and on-site parking.  With a convenient urban location, residents are near dining, entertainment, public transportation and major thoroughfares.

“Our founder, F.M. Hubbell, owned this property over 100 years ago.  He leased the land to Hawkeye Transfer Company as part of his initiative to jump-start industrial building in the area.  This building, along with the Riverpoint Lofts building next door, led the area’s evolution into the Factory Addition many, many years ago,” stated Tollakson. “Today, the area is again experiencing a transformation, developing into a unique mixed-use neighborhood.  We are excited to open Rocket Transfer Lofts and bring addional market-rate rental housing to the area.”

Rocket Transfer Lofts was built by Hubbell Construction Services and is managed by Hubbell Apartment Living.  For more information, call 515-221-6620 or visit www.hubbellapartments.com.

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