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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Aug 14, 1977

Page

6

Cedar Rapids Sees Apartment Boom Since 1965

Cedar Rapids experiences a housing surge with 6 000+ new multi dwelling units since 1965 and 1973 811 building permits. Feder Development plans a 400 unit riverfront project after opening a 164 unit complex, while Bjornsen and other condo plans loom. Vacancy stays around five percent as demand keeps rising.

Oakland Garden Cedar Rapids Commonwealth Ron Feder Feder Development, Inc Pheasant Run Verne Phelps Chamber of Commerce Chamber Harold Ewoldt Feder Development Feder Sierra Drive Cedar River Ellis Boulevard Bjornsen First Avenue Cottage Grove SE Ewaldt

Housing Costs Shape Cedar Rapids Rent Trends

Cedar Rapids faces rising housing costs with home prices around 40 000 and mortgages near 359 monthly while new apartments rent about 265 for two beds. Condos sell up to 80000 with monthly maintenance and one bedroom units fetch 225 to 240 and two beds 260 to 350, prompting more renting and longer stays.

Cedar Rapids Chamber Ewoldt

Also Mentioned on This Page

Cedar Rapids Gazette Sun Tom Fruehling Horace Pacific Fortres Fiber Industries, Inc Celanese Corp Queen Reg King Reg Luxenberg Drapery Bath Reg Wanda
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