Constuction underway at the Russell Lamson

Waterloo courier:

The first stage of a complete renovation of an historic downtown Waterloo building is drawing to a close.  At the end of the month, 32 apartments in the Russell Lamson building will be open for tenants.  St. Louis-based Sherman Associates Inc., which owns the building, began work this summer and plans to have the project complete at the end of June 2012. It will bring 90 affordable housing apartments in total to downtown Waterloo.  The numbers on the project, which is priced at more than $9 million, seem strange at first glance. The number of apartments in the building will increase from 78 to 90. At the same time, the average size of the apartments will increase by 17 percent and rent in the building will decrease per square foot…. Russell Lamson Rental Information » Waterloo-Cedar Falls Courier Website »