Riverfront Housing: A Prime Opportunity for Development
Market Street Landing is the ideal location for transformative urban housing along the Des Moines River. Located next to Downtown Ottumwa, it offers beautiful river views, easy access to downtown, and a scenic Riverwalk.
Riverfront Housing.
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With its central position in the community and close proximity to recreational areas, it’s the perfect spot for residential development.
Key advantages for developers:
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Strategic Location: Steps from downtown Ottumwa and recreational areas, offering convenient and picturesque views.
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Attractive Incentives:
o Westgate Urban Renewal Area (TIF).
o Urban Revitalization Tax Abatement.
o Experience collaborating on state programs such as Workforce Housing TaxCredit.
o Open to project-specific incentives for gap financing.
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Flexible Zoning: The City of Ottumwa supports creative zoning solutions to
accommodate innovative, high-quality developments.
The City of Ottumwa is open to exploring tools, including a tax abatement, which would provide a necessary incentive for quality projects. For more information about this opportunity contact Kelly Genners at kgenners@ottumwalegacy.org.