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$19.7 MILLION, 198 UNIT MULTI-FAMILY COMMUNITY COMING TO CLIVE

Clive Mayor, Scott Cirksena; Clive Chamber of Commerce Board President, Greg Bendinger; and Luana Savings Bank Vice President, Blake Schultz, helped Stonegate Capital Partners LLC Managing Partner, Rick Krause, and Hubbell Realty Company executives, including President and CEO Rick Tollakson, Senior Vice President Steve Niebuhr and Development Vice President Kris Saddoris, celebrate with the ceremonial turning of the dirt.

The development consist of 96 one bedroom units, 54 two bedroom, 48 three bedroom and 198 garages within six buildings.  Stonegate Crossing features spacious floor plans, contemporary interiors and soaring ceilings. Community amenities include a swimming pool and clubhouse with community room, theater room, business center, internet café and 24-hour fitness center.

“Stonegate Crossing is Hubbell’s first multi-family development in Clive,” stated Tollakson.  “We’ve developed apartment communities throughout the Des Moines metro and are excited to enter the Clive market.  Our team opened a similar product in Waukee this spring to much success, and we predict Stonegate Crossing will lease-up just as fast.”

Stonegate Crossing is located at 15400 Boston Parkway, Clive, Iowa and is being built by Hubbell Construction Services.  Apartment homes will be available beginning in summer 2014; for more information, visit www.hubbellapartments.com. 

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