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Plans advance for new Toledo assisted living, memory care complex

$10 million Project Is Back On Drawing Board

August 21, 2019
By John Speer - Editor ( , Toledo Chronicle, Tama News-Herald

Work is planned to begin in the spring of 2020 and be completed within one year on a new 40 unit senior assisted living and 16 unit memory care unit to be built on property on Toledo's southwest side with only results of a second market study awaited showing acceptance.

Developer Mark Holtkamp of Solon, Iowa, gained a Toledo City Council endorsement of what previously was listed as a $10 million project in a proposal made in May. Along with it came council approval for a graduated property tax abatement plan and a zoning change for the property. Members voted unanimously in favor of the measures for location of the development is bordered by 2nd Avenue on the south, Fee Street on the west and Grandview Drive on the north. It is to be west of the Chyma Machine Shop and east across Fee Street from Premier Estates and the former Deer Creek Medical Center.

This was Holtkamp's second effort to gain a a tax abatement. In May he sought a 15% tax increment financing which was found not not be allowed for that length by cities under Iowa law.

Article Photos

Concept drawings provided to the City of Toledo by developer Mark Holtkamp.

Holtkamp told the council he owns three other of these type facilities.

In May it was reported the land was being sold to Holtkamp by owners Paul and Rebecca Chyma upon approval of the tax abatement then sought. The property is located west of the Chyma Machine Shop and east across Fee Street from Premier Estates and the former Deer Creek Medical Center.

Megan Thiessen, director of the Sunny Hill Care Center in Tama, spoke while the issue was before the council. She questioned the "feasibility of a facility of that size" when there are other properties with in a 25 mile radius.

Holtkamp replied one market study has shown there is enough support and a econd study is to be conducted to confirm that.

In other council action on Aug. 5:

a liquor license sales application was approved for Hy-Vee dollar fresh and liquor license renewals for A9 Chinese Restaurant and Casey's General Store; and a cigarette - tobacco - nicotine - vapor sales permit also fro Hy-Vee Dollar Fresh was approved.

the resignation of Chester Bearden as a member of the Planning and Zoning Commission was accepted.

use of the Reinig-Toledo Civic Center for a senior health fair sponsored by Tama County Health and Home Services at no cost was approved.

building permits for an 8 ft. x 8 ft. shed at 310 N. Broadway and a 20 ft.x 10 ft. concrete pation at 708 E. High were reviewed.

final payments for Region 6 housing rehabilitation for 601 s. Broadway totaling $26,900 and for 703 S. Broadway at $34,115 were approved.



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