• 225


  • 2005-2014

    Project Completion

  • $42 Million

    Project Cost

The Crescent Lofts Master Development in downtown Davenport, Iowa is an illustration of The Alexander Company’s commitment to the preservation of historic buildings and urban renewal. Located in what was once an area filled with dilapidated vacant warehouses along the Mississippi River, the master development has involved the rehabilitation of five buildings, providing a new housing core of 255 apartments to a previously sterile area.

The Alexander Company’s involvement began in 2005 with the former Crescent Macaroni building. Next was Waterloo Mills, which opened in 2006. It was followed by the 4th Street Lofts in 2008, Kerker Lofts in 2012, and the 5th Street Lofts in 2014.

Structures were converted into stylish loft apartments complimented by historical features such as exposed brick walls and concrete pillars, as well as a rooftop deck with views of the river, a resident lounge and a fitness center. Streetscapes have also been revamped through a partnership with the City of Davenport, making the area pedestrian friendly.