Beal Derkenne completes Iowa City project
Rise at Riverfront Crossings has been completed ahead of schedule and turned over to the project owner CA Ventures, Beal Derkenne co-owner Andy Beal said in an email. The 573,000-square-foot project included a number of subcontractors from Des Moines and across the state. The Rise at Riverfront Crossing includes 332 residential units and 151 hotel rooms. The residential tower is 16 stories tall and the Hyatt Place hotel component stands 14 stories tall, connected via a parking ramp that spans the entire site. The residential tower is seeking LEED Gold certification and the Hyatt Place is seeking LEED Silver certification. This is the eighth high-rise that Beal Derkenne has completed since it was founded in 2010 and its 13th high-end student housing project.