AABP EP Awards 728x90

Proposed Des Moines hotel project awarded $4.9 million in tax credits

/wp-content/uploads/2022/11/BR_web_311x311.jpeg

A proposed project that would return property in Des Moines to its original use as a hotel has been awarded $4.9 million from the state’s Historic Preservation Tax Credit program. The project was one of six in Iowa awarded more than $22 million in historic tax credits, the Iowa Economic Development Authority announced. In fall 2019, Des Moines developer Jake Christenen unveiled plans to restore property at 2525 Grand Ave. to a hotel. The property originally was a Howard Johnson motor lodge. It was converted to apartments. The project was put on hold when the pandemic began. To see the list of projects awarded tax credits, click here.

oakridge web 040125 300x250