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Irving Center Apartments

Details

Location
Sioux Falls
Building Type
Multifamily
Value
$4.4 Million
Size
35 units, 35,479 SF
Delivery Method
CMAR

“Our lease-up went very well, and the construction was structured and completed so we were able to start leasing in the spring, which is great timing.”

Cassi Heumiller
Property Manager

Irving Center Apartments is a three-story project built on a redeveloped property in central Sioux Falls that had previously held an elementary school, which transitioned into a youth center. The youth center was demolished. The new building includes one, two and three-bedroom apartments for income-qualified residents and was supported by tax credits from the South Dakota Housing Development Authority.

It is a center-load apartment project without an elevator. The stairwells incorporate glass blocks installed for window lighting that were reclaimed from the former youth center. The property includes a community room with a full kitchen and bathroom

The project was built during the COVID-19 pandemic, so keeping the team healthy presented a larger challenge than normal. Material delays had started, so the Lloyd team monitored that closely, but the project finished on time and on budget.