Cedar Rapids, Iowa News, Sports, and Weather
Renovation of Linseed Building Aims to Relieve Dubuque Housing Shortage
by Katie Wiedemann, Reporter
DUBUQUE, Iowa - A renovation project in Dubuque's Millwork District has received more than $2million in grant money.
The Millwork district consists of old warehouses that crews are transforming into new businesses and living spaces. The grant will pay for renovations of the "Linseed Oil Paintworks Building."
The renovation will feature 15 new apartments. That's designed to help ease a housing shortage in Dubuque.
City leaders say hundreds of new apartments have popped up since the housing shortage started four years ago. That includes the more than 70 apartments in the Caradco building.
Still, they say Dubuque is short somewhere between 450 and 700 apartments. According to the Iowa Finance Authority, Dubuque's job growth continues to outpace the amount of available rental units.
Once complete the city says the apartments will be handicap accessible. The city is labeling them as market rate apartments and will be affordable for working professionals.
Assistant City Manager Teri Goodman said, "This will be a great sustainable and livable community when workers can walk, bike or take the bus to work."
The developer of the Linseed building, Tim McNamara, is also looking to add solar panels on the building to help offset the electrical bills in the old building.