While Autumn Ridge isn't part of Kettlestone, the developers hope to feed off the expected growth, said Aaron Moulton, a third brother who is handling marketing for the project. The city last year unveiled a Kettlestone master plan that called for hundreds of millions of dollars worth of new homes, offices and retailers. The complex will sit just north of Kettlestone, the 1,500-acre development planned around a new road - Grand Prairie Parkway - that will connect the city with a new Interstate 80 interchange. The Moulton family owns Classic Builders, an Ankeny-based residential construction firm that in the last decade has grown into one of the metro's largest home builders. Rental rates will range from about $800 for a one bedroom to $1,500 for a three bedroom.Īutumn Ridge LLC, the entity behind the project, is owned by brothers Seth and Josh Moulton and local developer Bill Kimberley. "We grow all the time so this is nothing new for us."Īimed at high-end renters, Autumn Ridge units will feature quartz counters and fiber Internet service with at least 40 megabits per second capacity. But we plan," said school board President Mary Scheve. "Is it a concern? Sure, if we're not planning. Officials with the Waukee school district, which has seen enrollment more than double since 2004, said they're ready for the influx of students that could result from hundreds of new apartments. "It's just part of the complete community," Deets said. City officials say new apartments will bring the population needed to attract retailers and employers and will provide housing to support workers. City officials say it fits the city's plan for growth and will help facilitate the widening of Alice's Road.įor years, Waukee has been Iowa's fastest-growing city, propelled by booming single-family home construction. The Autumn Ridge project has irked some residents in the western suburb, who expressed concerns about increased traffic and population density. "We're probably at that turning point," said Brad Deets, Waukee's development services director. opened Winhall of Williams Pointe, a development with more than 200 apartments located just east of the Autumn Ridge site. In 2013, West Des Moines-based Hubbell Realty Co. Springs at Prairie Crossing, a 260-unit, $30 million apartment complex on the north side of Waukee is scheduled to open this summer. The first units are scheduled to open in August, with the final phase expected to be complete in 2018.Īutumn Ridge isn't alone. The development will include 13 two- and three-story buildings constructed in four phases. In Waukee, plans to build a 434-unit apartment complex underscore how the city has turned that corner.Ī local development team will break ground in the coming weeks on Autumn Ridge, a $40 million market-rate apartment complex on Alice's Road, a block north of University Avenue. There comes a time in every growing suburb when sprawling neighborhoods full of single-family homes give way to new apartments and retail developments.
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