Residential Development Planned for Sheldon
Over $1 million of property in Sheldon, Iowa, is set to be sold for residential development, with 47 acres of land purchased from the Anthony Pape Trust.
The Sheldon Chamber & Development Corporation (SCDC) and the City of Sheldon have signed purchase agreements, with transactions scheduled to close in 2025.
- The land is located in southwest Sheldon, near Wyman Street and South 5th Avenue.
- The main portion of the land is between South 5th and South 8th avenues, and between Wyman Street and 16th Street.
- Smaller portions are located north of Wyman and west of South 5th.
The development aims to provide more residential housing for the community.
No official statement has been released by the parties involved regarding the expected completion date or the types of housing to be built.
Author's summary: Sheldon to gain new residential development.