An aerial view of The Estates in North Liberty, a senior-living cooperative similar to The Borough, a proposed community part of the Monument Hills development. CREDIT VINTAGE COOPERATIVE
A development group is in the initial stages of transforming wooded land in Iowa City into a senior housing cooperative community with 70 single-family lots. The project, titled Monument Hills by Welch Design and Development LLC, would stretch 64.7 acres and be situated off Rochester Avenue and North Scott Boulevard.
Harvest Preserve is a private nature reserve in Northeast Iowa City that stretches approximately 100 acres. The plan calls for preserving 31.3 acres of woodlands and wetlands.
The easternmost section of the project would be called The Borough and run by Vintage Cooperatives by Ewing Properties. They are proposing an independent living community for people aged 55 and older with three main benefits: a community-living atmosphere with like-minded people, a member-owned community and free maintenance for residents, said Ray Bisbee, CEO and president of Ewing Properties.
CBJ | CORRIDOR BUSINESS JOURNAL
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