Nov-2017

212 213 MARION, IOWA year,multi-million dollar initiative.As you mentioned, we’re working to both revitalize and expand our core business district.We’re transforming a former rail line into a parallel arterial to Business Highway 151.This has opened up a lot of potential for mixed-use devel- opment.We continue to make steady progress. Last year the two roundabouts that bookend the corridor were opened.Work is beginning on the next phase of the project. I would expect that it will be fully-func- tional fromeast towest by2020.This will be a fantastic achievement.” BVM: We received a press release,recently,about a newbusiness class hotel being built inMarion–an 88- room,TownPlace Suites byMarriott.What’s the story? TREHARNE: Treharne: “This is really the first major investment that we’ve seen along the Central Corridor. The hotel will be located on the site of an abandoned industrial facilityand next to a former scrapmetal facili- ty.I can’t even express howtransformational this will be. “When I came to the City in 2001,one of the biggest challenges community leaders facedwas what to do with the salvage yard that was located along themain corridor.Now16 years later,we have relocated the scrap metal facility; still within the cityand still in operation, but in a location better suited for industry.It’s so exciting to see the $12.4millionTownPlace Suites byMarriott going up in its place.Plus,there are two adjacent com- mercial sites that are activelybeingmarketed.It’s incred- iblymotivating to see this type of investment inMarion.” BVM: You also talked about theTower Terrace Road project on the north side of town–a newcommercial corridor.Anything to report on that? TREHARNE: “In the last year,Marion finished and opened another segment of Tower Terrace Road and all of the right-of-wayacquisitions are prepared for the next leg.The linchpin inMarion’s portion of the project www.AbodeConstruction.com n (319) 363-0709 DEVELOPER/GENERAL CONTRACTOR Residential and Commercial Design-Build Services In-House Excavating & Landscape Divisions for medium to large scale projects. www.Genesis-Equities.com Residential & Commercial Properties Available for Sale & For Lease Built to Suit Iowa Licensed Broker, Res. & Comm. Property Management Services Specializing in New Construction and Site Redevelopment Properties GENESIS EQUITIES (319) 363-2056 Abode Construction is a full-service home builder that has offered residential and commercial con- struction, land development, site grading, exca- vation and landscaping services for more than 30 years. Abode Construction is locally owned and operat- ed and provides a wide range of services. In ad- dition to their own employee base, the company relies on and utilizes the services of other reputa- ble and locally skilled businesses and suppliers to assist with the completion of projects. Abode offers a customized approach, where homes are custom at every price point, as well as a one-stop shop – they can design, build, excavate, prep, landscape and light any project. Abode is a leading Energy Star Builder and was founded on a commitment to quality. www.abodeconstruction.com Genesis Equities LLC offers private real estate in- vestment opportunities for upscale residential and commercial lease properties, specializing in the redevelopment of underutilized sites. Genesis works closely with cities and municipal- ities to ensure their projects are comprehensive, desirable and fit into the long-term planning goals of each community. Genesis also helps create private/public cooperatives to help relocate businesses whose properties might be affected by changes to infrastructure as a result of city planning. Genesis owned properties are available for lease or private investment packages may be available to qualified investors. www.genesis-equities.com