Station 121

121 12th Street, Des Moines, IA

Built in 1924, the building was home to Mack Truck International Corporation along Des Moines historic Auto Row. After Mack, the building, commonly referred to as the Lovejoy Building, was home to multiple businesses including the Walsmith Printing Company until Hubbell Realty Company undertook this historic rehab. 

Now 26 apartments, the team took special attention to the unique elements still remaining in the building like the metal and hardwood floors. Station 121 is a one-of-a-kind gem in Des Moines.

Services Offered

  • Development
  • General Contracting
Project Size
  • 26 Apartment Units
Amenities
  • 24-Hour Fitness Center
  • Large Community Room
  • Community Bar
  • Package Concierge
Apartment Specs
  • Micro (434-541 SF)
  • One Bedroom (541-749 SF)
  • Two-Bedroom (816-1,135 SF)
  • Plus Two-Story Apartments
Capital Stack
  • Debt
  • Equity
  • Federal Historic Tax Credits
  • State Historic Tax Credits
  • Workforce Housing Tax Credits
  • Grayfield Redevelopment Tax Credits
  • 10 Year Tax Abatement

  • Multifamily, Historic Rehab
  • 26 Apartments
  • $6.5 Million
  • May 2018