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Real Estate and Development

American Equity rendering

American Equity, city of Des Moines, eye early 2026 for move to former Nationwide building

The above rendering from BNIM Architects shows the open concept of American Equity Investment Life Insurance Co.’s space in the former Nationwide building on Locust Street in downtown Des Moines. The company announced last year…
By Michael Crumb | Jul 2, 2025
Argonne Armory aerial

UPDATE: City Council approves RFP for armory, sharing agreement with county for parking lot redevelopment

The Des Moines City Council voted Monday to issue a request for proposals for the Argonne Armory. Business Record file photo

The Des Moines City Council has voted to issue a request for proposals on …
By Michael Crumb | Jul 2, 2025
Des Moines International Airport logo

New parking garage at DSM International Airport opens

The new parking garage at Des Moines International Airport opened this week, adding 1,100 covered spaces for travelers and marking a milestone in the airport improvement project which includes construction of a new terminal. Photo…
By Business Record Staff | Jul 2, 2025
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NOTABLE TRANSACTIONS: 3 downtown Des Moines properties sold in past week

Three’s Car Garage LLC, located in Des Moines, paid Garland Enterprises LLC $1.5 million for two parcels in downtown Des Moines, Polk County real estate records show. One parcel at 1304 Locust St. includes a two-story, …
By Kathy A. Bolten | Jul 2, 2025
UNI Panther District rendering

UNI announces plans for Panther District

The University of Northern Iowa plans the development of the Panther District, a mixed-use development near the McLeod Center and UNI-Dome that it says will be a destination for the community and attract new businesses…
By Michael Crumb | Jul 2, 2025
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Council to consider sharing agreement with county for redevelopment of 5th and Cherry parking lot

The Des Moines City Council will consider a 28E agreement with Polk County for the proposed redevelopment of the county-owned parking lot at Fifth and Cherry streets downtown. Business Record file photo

The Des Moines …
By Michael Crumb | Jun 27, 2025
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City to issue RFP for armory after DMPA pulls out of redevelopment proposal

The city of Des Moines will seek proposals for redevelopment of the Argonne Armory building after Des Moines Performing Arts decided against pursuing a plan to redevelop the building citing the building’s size and the…
By Michael Crumb | Jun 26, 2025
ISDFStadiumRendering

Soccer stadium moving forward with infrastructure work planned to start next spring

Infrastructure work that needs to be done in advance of the construction of the proposed Pro Iowa Soccer Stadium and Global Plaza is expected to begin in spring 2026 as members of the board overseeing …
By Michael Crumb | Jun 25, 2025
urbandale downtown

Urbandale Downtown Master Plan advances

The Urbandale City Council has approved the city’s proposed Downtown Master Plan which is designed to revitalize the city’s downtown to create a multi-use district that can be a destination for the community and region.

The council …
By Michael Crumb | Jun 25, 2025
Iowa ortho

Iowa Ortho plans new medical facility in Waukee

Iowa Orthopedics plans to open a new medical facility in Kettlestone Central, a new mixed-use development in Waukee. The new facility, which will include orthopedic and urgent injury clinics, physical therapy and MRI services, is …
By Business Record Staff | Jun 25, 2025
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