This piece is sponsored by Ernst Capital Group.
The appeal of downtown living combined with intentional investments in quality-of-life amenities has spelled success for a multiphase, master-planned community in Des Moines.
Gray’s Station, a 75-acre community developed and constructed by Hubbell Realty Co., is located along 2 miles of the Raccoon River, with 1 mile of wetlands and access to 87 miles of connected running trails and 1,500 miles of connected bike trails.
What was once an abandoned rail yard, Gray’s Station began in 2017 with three phases of LINC apartments as part of Hubbell Real Estate Fund, supported by investment capital provided by Sioux Falls-based Ernst Capital Group.
“It’s just gone so well, and LINC was the first piece to the puzzle with a mix of rental apartment and townhomes in the first three phases,” said Claire Brehmer, communications manager for Hubbell Realty…