Apartment

The Meridian

Type: New Construction
Role: Developer, Owner, Manager
Building Space: 174 Units (Market-Rate)

Project Value: $45 Million
Financing: GreenState Credit Union, City of Des Moines TIF/Tax Abatement, Owner Equity
Location: Des Moines, IA
2024
Year Completed
210,000
sqft

Overview / Details

The Meridian is a premier addition to the Gray’s Landing Master Development Plan, a transformative 42-acre mixed-use neighborhood in downtown Des Moines. This five-story, 174-unit luxury apartment community completes the urban block bordered by SW 9th, SW 11th, Tuttle Street, and Murphy Street.

The Meridian offers a diverse mix of studio, alcove, one-bedroom, one-bedroom + den, two-bedroom, and two-bedroom + den units. Designed with premium interior finishes and contemporary styling, The Meridian caters to residents seeking upscale urban living in the heart of Des Moines.

Amenities include outdoor pool, sauna and game room, fitness studio and group fitness, makers space and coworking lounge, dog run and dog wash station, wellness space with meditation pod and massage chairs, and rooftop bar and terrace. The building’s L-shaped design and street-level orientation contribute to a defined urban edge, enhancing walkability and neighborhood integration. The Meridian is managed by Sherman Associates’ award-winning team, ensuring top-tier resident services and 24/7 maintenance.

Its location offers immediate access to downtown Des Moines, Gray’s Lake, and the Court Avenue Entertainment District, making it a highly desirable address for professionals and families alike.

The Meridian, along with Slate, The Edge, and The Nexus are key components of Sherman Associates’ Gray’s Landing development in downtown Des Moines. Slate offers modern 55+ living, The Meridian delivers luxury residences, Nexus adds sustainable, mixed-use space, and The Edge provides mixed-income housing—together creating a vibrant, inclusive community.