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Economic Development

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Hotel restoration project moving forward with tax credit award

The renovation of property at 2525 Grand Ave. is expected to begin in the spring, the project’s developer said. The structure will be returned to its original use as a hotel.  Architectural rendering by Slingshot Architecture…

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SBA administrator Guzman, Axne participate in tour and roundtable with small business owners

U.S. Small Business Administration Administrator Isabella Casillas Guzman and U.S. Rep. Cindy Axne heard from small business owners Monday about the challenges they are facing as they continue to recover from the COVID-19 pandemic.

Guzman …

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

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 …

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New leaders hired for Ingersoll, Grand avenues group

The Avenues of Ingersoll & Grand have hired new leaders: Lauren Kollauf is the nonprofit group’s new executive director, and Kjersten Walker is its new urban recreation district executive director. Kollauf replaces Kris Maggard, who …

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MPO seeking public input on regional transportation project proposals

The Des Moines Area Metropolitan Planning Organization is seeking public input on which local transportation projects to fund in federal fiscal year 2026. According to a news release, there are 19 projects under consideration. They …

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Partnership names director of inclusive business strategies

The Greater Des Moines Partnership has created a new role to help minority businesses grow. Juan Pablo Sanchez was named this week as the Partnership’s director of inclusive business strategies. According to a news release, …

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Average new residential building permit value hit record high in 2021

The average value of a Des Moines-area residential building permit grew by more than $43,000 between January and December 2021. The more than 17% increase illustrates the effect soaring material prices and demand for new …

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Iowa stocks have a rocky start in 2022

Ten of the 16 Iowa-based companies on the Business Record’s Iowa Index posted stock price losses for the month of January, two being double-digit percentage losses. Five Iowa-based stocks posted gains. One company was unchanged.…

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Partnership names new VP of economic development

The Greater Des Moines Partnership has named a new executive vice president of economic development. Mike Swesey was named Thursday to fill the position previously held by Brian Crowe. According to a news release, Swesey …

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Partnership opens registration for DMDC 2022 trip

Registration is open for the Greater Des Moines Partnership’s DMDC 2022 trip to Washington  D.C., which returns to its traditional in-person format this year. The trip is planned for Wednesday, May 11, through Friday, May 13. The …