PELLA — Kading will begin showing townhomes at View Pointe Condominiums, located near West 16th Street this month. By July, Kading expects residents to move into some of its 92 new townhomes.
In every Iowa city that Kading has developed property, the 45-year-old, family-owned professional real estate development and property management company has become an active, supportive corporate citizen. Pella will become the 19th community to see the positive difference that Kading can make.
“From our first meeting, Pella has felt like home to us,” said Kading Vice President of Operations, Heather Burns. “From City Hall to Main Street to the people you meet on the sidewalk, everyone has been welcoming. We are proud to be here.”
Even before paint dried on townhome walls, Kading joined the Pella Area Community & Economic Alliance (PACE Alliance) and began supporting community projects including delivering three volunteers at Tulip Time and sponsoring flags on the square.
Some call it corporate philanthropy. Kading sees it as paying forward the benefits of moving into a new town.
Kading owns 190 front doors in nearby Osceola where it annually sponsors the farmers market and Easter egg hunt. The company sponsors City of Pleasant Hill art works. In many of its communities, Kading helps fund libraries and PTAs and community events as part of its KADING CARES initiative.
“We have always believed in supporting our residents and proactively promoting the communities that we serve,” said Karie Ramsey, CEO of Kading.
Kading enters the Pella rental housing market at a critical time. Multiple studies show that more than 6,800 workers commute daily to Pella for employment from up to 45 miles away to staff global manufacturers, start-ups and small business, retail, restaurants, higher education, healthcare, and a robust tourism industry.
The PACE Alliance and the Marion County Development Commission recently conducted a housing study for Marion County. According to the study conducted by Maxfield Research & Consulting, Pella needs 966 housing units, including 317 rental units. Kading is putting a significant dent in Pella’s rental housing needs.
In a letter to the Iowa Economic Development Authority (IEDA), Karen Eischen, PACE Alliance Executive Director supported Kading’s entrance to the Pella housing market.
“…Kading Properties 92-unit housing development will help address our need for rental units in Pella, which will provide housing for many current and future employees in Pella,” Eischen said. “The PACE Alliance fully supports this project…”