The banks

About The banks

The Banks is a new multifamily community by Talon Development bringing 30 modern apartment homes to the City of Spencer. Designed to meet the growing demand for quality housing, The Banks combines contemporary design, functional layouts, and a highly desirable location.

Located near Riverview Park and the Spencer City Aquatic Center, residents will enjoy convenient access to outdoor recreation, local amenities, and nearby employers—making everyday living both comfortable and connected.

Each apartment home will feature clean, modern finishes and efficient floor plans thoughtfully designed for today’s lifestyles, offering durability, comfort, and long-term value.

More than just new housing, The Banks represents an investment in Spencer’s continued growth—supporting the local workforce, strengthening the community, and enhancing the city’s residential offerings.

Construction updates and leasing information coming soon.