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Hurd sells property along Ingersoll Avenue to Minnesota developer

An Edina, Minn., residential development company has acquired properties in the 3100 block of Ingersoll Avenue and 600 block of 31st Street in Des Moines, where it plans to build a mixed-use project, Polk County …
By Kathy A. Bolten | Jun 5, 2024
1100 Locust St.

Des Moines City Council OKs development agreement with American Equity

American Equity Investment Life Insurance Co. plans to move into the Nationwide building at 1100 Locust St., in downtown Des Moines. The Des Moines City Council approved a development agreement with the company that will…
By Michael Crumb | Jun 5, 2024
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Proposed redevelopment of city-owned land moves forward

The founder of a real estate, investment and construction company that buys homes for cash plans on consolidating his firm on property at 2707 Garden Road in Des Moines.

Mitch Coluzzi, who founded Sell Now …
By Kathy A. Bolten | Jun 5, 2024
SeanWillet

The changing role of community banks in commercial lending

Commercial real estate may not always be the most cost effective place for smaller community banks to invest, said Sean Willett, the new CEO of Lincoln Savings Bank.

Willett sat down for an interview with …
By Michael Crumb | Jun 5, 2024
Ruan II building aerial

New details, renderings released on Two Ruan Center conversion

Additional details and new renderings were released this week about the proposed conversion of Two Ruan Center from an office to multifamily building.

Last fall, Ruan Inc. announced it was forming a joint venture with …
By Kathy A. Bolten | Jun 5, 2024
Group of friends drinking and toasting glass of beer at brewery pub restaurant Happy multiracial people enjoying happy hour with pint sitting at bar table Youth Food and beverage lifestyle concept

Big Grove Des Moines receives platinum Iowa Green Brewery Certification

Big Grove Brewery and Taproom in Des Moines has achieved platinum level certification from the Iowa Green Brewery Certification program. The Iowa Green Brewery Certification is a component of the Food, Beverage and Organics program …
By Business Record Staff | Jun 4, 2024
United Way of Central Iowa logo

Over 30,000 books donated to United Way’s Stuff the Bus Book Drive

Employees from 35 Central Iowa organizations, along with many individual contributors from the community, donated more than 30,000 children’s books to United Way of Central Iowa’s Stuff the Bus book drive. The results were announced …
By Business Record Staff | Jun 4, 2024
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First-quarter Iowa banking report released

Iowa banks reported increases in deposits and loans in the first quarter of 2024, information released by the Federal Deposit Insurance Corp. shows.

“Our nation’s banking industry continued to show resilience as first-quarter earnings bounced …
By Business Record Staff | Jun 4, 2024
MidWestOne Financial Group logo

MidWestOne Financial Group hires 3 executive leaders

MidWestOne Financial Group, parent company of Iowa City-based MidWestOne Bank, has hired three new executive leaders: Paul Ho-Sing-Loy, executive vice president and chief information officer; Steve Heimermann, executive vice president and head of wealth management; …
By Business Record Staff | Jun 4, 2024
Greater Des Moines Partnership square logo

Partnership announces dates of 2024 DEI Management Certification Program

The Greater Des Moines Partnership will host the third cohort of the Diversity Equity and Inclusion Management Certification Program in partnership with Schabel Solutions Inc. starting Aug. 27. Each workshop will take place on Tuesdays …
By Business Record Staff | Jun 4, 2024