Construction Underway at "Agusta Place" in Iowa City

IOWA CITY, Iowa (KCRG-TV9) -- A new downtown living option is going up in Iowa City. Developers say it'll be home to people of all ages, not just college students.

A groundbreaking took place this afternoon at the site of the Augusta Place. This is at the corner of Iowa Avenue and Van Buren Street.

The building will be seven-stories tall with a mix of town homes and apartment complexes. Six of the apartment units will be designated as affordable housing units.

Construction should be done by June of next year.

There could be some young professionals or college students. I could see some retirees being in the building. There is a mix of price points that allows different values and square footage numbers for affordability," Jesse Allen said.

Developers also bought the neighboring Universalist Unitarian Church as part of this project. They plan to preserve the church as a historic site.