Archive for December 2012
FDIC releases study of community banks
The Federal Deposit Insurance Corp. (FDIC) today released a comprehensive study of the community banking industry.
Among the key findings: Community banks make up 95 percent of U.S. banking organizations and are the only physical …
Read MoreMore than 4,500 traffic camera citations issued in November
A total of 4,585 speed and red light camera tickets were issued by the city of Des Moines in November, and the city collected net revenue of $142,805.
For the year, the city has issued …
Read MoreIowa Student Loan purchases West Des Moines buildings
Iowa Student Loan, a private nonprofit student lending organization, recently purchased a pair of office buildings in West Des Moines, the organization announced today.
The purchase agreement, between Iowa Student Loan and R&R Realty Group, …
Read MoreConnecticut governor requests moment of silence for victims
Gov. Terry Branstad has asked Iowans to honor victims in the Newtown, Conn., school shooting with a moment of silence on Friday at 9:30 a.m. The moment of silence comes at the request of Connecticut …
Read MoreTransportation slow on snow day
No planes were coming in and going out this morning at Des Moines International Airport, but Don Smithey, the airport’s executive director, said crews have cleared the main runway and accompanying taxiways so that flights …
Read MoreNYSE sold to IntercontinentalExchange
NYSE Euronext Inc., the operator of the New York Stock Exchange, has agreed to be acquired for $8.2 billion by IntercontinentalExchange Inc. (ICE), CNNMoney reported.
In the deal announced today, IntercontinentalExchange will pay $33.12 a …
Read MoreHubbell to begin rehabilitation of Mitchell Transmission building
Hubbell Realty Co. said it will start work this month on the $7 million renovation of the Mitchell Transmission building at 1400 Locust St. The building will be renamed 14Forty and will feature 37 one- …
Read MoreAIA Iowa announces 2013 board
The American Institute of Architects Iowa chapter (AIA Iowa) has elected several professionals from Greater Des Moines to its board for 2013. Board members from the metro area are Linda Schemmel, president; Mindy Aust, secretary; …
Read MoreWaukee wastes no time announcing a sewer project
Examples abound of sewer projects that have led to development spurts in Greater Des Moines. The extension of sewer lines across Interstate 35 fed construction booms in the west. Think Glen Oaks, West Glen, Jordan …
Read MoreCommunity Alliance tracks office conversions
The competitive office vacancy rate in downtown Des Moines has decreased by 38 percent since 2011, the Downtown Community Alliance said last week.
“Downtown office vacancy rates are falling largely due to the elimination of …
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