The removal of some older buildings in Ames’ Campustown is making way for new projects that aim to revitalize the area.
“Campustown has had a lot of interest from both housing developers as well as commercial interests in the last year, we have three projects that are now approved, two of them have already started construction,” says Kelly Diekmann, Planning and Housing Director for Ames.
Kingland Systems is creating a $20 million building for their office space as well as retail stores in Campustown.
Old buildings are being removed this week.
Construction on two huge housing projects is also set to start on Lincoln Way. A bank building will be torn down for that.
The old Campus Bookstore is on its way out so the Cyclone Flats can go in.
Campustown business leaders call it a renaissance.
“It's all happening at the same time, and they'll all be done about the same time, so for the next 15 months you should definitely check out our Facebook page...we'll have lots of fun pictures of all the construction,” says Kimberly Hanna with the Campustown Action Association.
The city of Ames gave the Kingland project a ten-year tax abatement which would be around $1.5 million.
Kingland works on developing software and wants the Campustown location to be close to students who work for the firm.