Archive for January 2022
West Bank reports $49.6 million in 2021 earnings, up 52% year-over-year
West Bancorporation Inc., parent company of West Bank, today reported 2021 net income of $49.6 million, or $2.95 per diluted common share, compared to 2020 net income of $32.7 million, or $1.98 per diluted common …
Read MoreWDM conduit project will move forward following lawsuit settlement
The City of West Des Moines will pay Mediacom $595,000 and allow the internet service to license parts of its conduit network, resolving a lawsuit filed more than one year ago, according to the settlement agreement reached …
Read MoreBusiness Record 1-28-22
Cover story: Deloitte CFO of the Year: Michael Skokan
Focus: Economic Forecast
Read the issue…
Read MoreNew commercial permit valuations exceed $1.7 billion in 2021
The valuation of commercial building permits issued in 2021 for new projects in the Des Moines area soared over $1.7 billion, a total boosted by the construction of new data centers in West Des Moines …
Read MoreA Closer Look: Chad Quick
Chad Quick was drawn to community development through watching live broadcasts of city council and plan and zoning meetings.
Quick, who grew up in Sheldahl, initially contemplated becoming an architect but eventually realized he instead …
Read MoreMcLellan: Keep it simple, stupid
For the last couple of weeks, we’ve been settling into the reality that 2022 is going to bring a sea change for us as business leaders. Out of every crisis in history, moments of great …
Read MoreThe Elbert Files: Three transparent gems
When I read about the recent renovation of Berlin’s Neue Nationalgalarie art museum, it brought to mind three downtown Des Moines buildings – each is an architectural jewel, and all can be seen during a …
Read MoreWhat will happen to the local economy in 2022? Business Record readers give their forecasts
Business leaders’ outlook on the economy for 2022 varies greatly. While some cite concerns with the effects of the ongoing coronavirus pandemic, workforce shortages, supply chain disruptions and inflation, others are forecasting economic growth as …
Read MoreAgreement signed to bring pro soccer team to Des Moines
A rendering of the planned Pro Iowa Stadium and Global Plaza that will be located at 200 S.W. 16th St. in Des Moines. Architectural rendering special to the Business Record
Efforts to bring professional soccer …
Read MoreNOTEBOOK – ONE GOOD READ: What the new GDP figures really signal
Hold the balloon drop. Today’s new fourth-quarter GDP growth number of 6.9% is a level we’re not going to see again for quite some time, write Wells Fargo Economics analysts. “It is tempting to celebrate …
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