Archive for May 2021
United Fire Group reports first-quarter earnings
Cedar Rapids-based United Fire Group Inc. reported consolidated net income, including net realized investment gains and changes in the fair value of equity securities, of $18.7 million, or 74 cents per share, for the quarter ended March …
Read MorePaycheck Protection Program exhausts funds for most lenders
The Small Business Administration’s Paycheck Protection Program has officially exhausted its funds for most lenders, the Business Journals reported. The SBA began notifying trade associations Tuesday evening that it was no longer accepting applications for new loans …
Read MoreEPA official: Contaminated site will remain in Superfund program
“We are standing today at the doorstep of growth in greatness for the city of Des Moines,” Mayor Frank Cownie said during a news conference in which cleanup plans for the former Dico site were …
Read MoreProposed Des Moines soccer stadium project ‘at risk’ without state funding
A 6,300-seat stadium that would primarily be used for soccer is proposed to be built on 43 acres on the southwest edge of downtown Des Moines. Rendering courtesy of Krause Group
An ambitious plan to redevelop …
Read MoreViClarity moves forward with added focus on technology
When Miriam De Dios Woodward became CEO of PolicyWorks LLC more than three years ago, the company was poised for some tremendous growth.
“The expectation when I was hired was to look at that next …
Read MoreLeaders of proposed soccer stadium project see it as community connector
Editor’s note: This piece was also published as part of a regular column I write as a member of the Downtown Chamber’s marketing committee.
A site that has been an eyesore for decades for both …
Amazon expanding Des Moines-area presence
Amazon Inc. is expanding its footprint in the Des Moines area, although the e-commerce giant is mum about what it will operate out of a newly constructed warehouse it is leasing in Ankeny.
The Seattle-based …
Read MoreA Closer Look: Tanner Krause
Tanner Krause knew he had big shoes to fill when he started moving up the ranks at Kum & Go, the convenience store business owned by his family.
The chain, with more than 400 …
Read MoreNOTABLE TRANSACTIONS: Hurd real estate group buys Des Moines car wash
Hurd Kettlestone LLC, based in West Des Moines, paid CWP West Corp. $3.6 million for property at 850 Army Post Road in Des Moines, Polk County real estate records show. The property includes a Mister Car Wash …
Read MoreReport: Office vacancy rates in Des Moines area at 16.2%
The following are highlights from CBRE|Hubbell Commercial’s 2021 first-quarter office market report for the Des Moines area:
• In the first quarter, 16.2%, or 2.8 million square feet, of office space was vacant. The vacancy …