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Developer Adam Sirin, associated with Premier Construction, aims to replace the troubled building with new homes, addressing what he characterizes as a growing demand for housing in Des Moines. Sirin emphasizes the urgent need for new residential options, stating that many residents are migrating to West Des Moines and other suburbs due to the lack of housing availability in the city.
Community Concerns
Despite the intent to revitalize the area, local neighbors have voiced numerous concerns about the impact this development could have on their community. One of the primary worries involves the potential increase in property taxes resulting from the new housing units. Residents fear that the tax revenues for the city could decline if property values are depressed due to the development.