Work is expected to resume next week on the 33-story 515 Walnut Tower after the developer finalized a construction loan for the project late Friday. Joe Teeling, president of St. Joseph Group, the firm behind the project, sent an emailed statement that said they had closed on a loan that allows the project to move…

A Cedar Rapids property management and development company has purchased the Insurance Exchange Building in downtown Des Moines, a landmark commonly recognized by the large, red Travelers umbrella that dots the skyline. High Properties, an equity, management and development firm, closed on the sale of the 10-story, 136,000-square-foot building, which was owned by the Graham…

The Iowa Economic Development Authority Thursday awarded $950,000 in Main Street Iowa Challenge Grants to 10 communities. The grants help rehabilitate underutilized downtown buildings to stimulate economic growth and further investment in Iowa’s historic main streets. Projects include: View the full list of awards online. The grants are administered through IEDA’s Iowa Downtown Resource Center…

Des Moines Area Community College leaders, students, industry partners and alumni gathered Thursday to celebrate the groundbreaking of a $34 million trades and industry center on the northeast side of the college’s Ankeny campus. The 72,000-square-foot facility will replace buildings from the 1960s and modernize education for five programs including building trades, HVAC, diesel technology,…

The Ivy College of Business at Iowa State University announced it will offer a full-ride MBA scholarship for the first time. The Emerging Leader MBA Scholarship will cover tuition and fees for one student entering the online MBA program in fall 2026. The scholarship aims to recognize and support a rising professional committed to leadership…

Common Sense Institute, in collaboration with Iowa State University Professor Cameron MacKenzie, will release a new report titled “Insuring Iowa’s Future: Understanding the Role of Insurance and Natural Disasters in Iowa’s Economy” on Nov. 20. The report examines the economic significance of Iowa’s insurance sector and strategies to address the financial challenges posed by natural…