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Real Estate and Development

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Polk County ponders a new affordable housing model

Axios Des Moines: Homes would remain “affordable forever” under an idea being discussed among Polk County officials to buy and permanently own land used for low-income housing. Advocates contend that creating a community land trust could …

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216-unit apartment project proposed near Raccoon River

A 216-unit apartment project called Union at Rivers Edge is proposed on a vacant site at 214 Jackson Ave., just a few steps away from the Meredith Trail and the Raccoon River. Architectural rendering by ASK …

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Planning underway for additional Paws & Pints

For years, Kyle and Megan Casey have dreamed about opening a multi-layered business that caters to dogs and their owners.


But even before that dream became reality with the opening in mid-August of Paws & …

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NOTABLE TRANSACTIONS: Undeveloped land in Ankeny sold to Florida entity for $2.6 million

Gwen Helene Zeller 2018 Trust, an entity located in The Villages, Fla., paid Jam Investments of Ankeny LLC $2.6 million for undeveloped property at 3155 N. Ankeny Blvd. in Ankeny, Polk County real estate records show. The property includes …

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Five Guys, Kids Empire opening stores at Merle Hay Mall

Five Guys, a national burger chain, will open a location at Merle Hay Mall in 2023, the mall announced.

In addition, Kids Empire, an indoor play center for children, will open a location at the mall and construction has …

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34 new projects underway in Des Moines area, including 8 multifamily developments, football/soccer stadium

Commercial building permits valued at more than $125.5 million were issued in August for new projects in the Des Moines area, including eight new multifamily buildings, a review shows.

In all, 34 permits were issued …

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Waukee receives 8 proposals for affordable housing projects

Eight developers have responded to the city of Waukee’s request for proposals to build affordably priced housing on land purchased by the city earlier this year, officials said.

Creating, expanding and maintaining affordable housing for …

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Iowa state board approves controversial Ankeny annexation that neighbors, Alleman strongly opposed

Des Moines Register: A state board approved a plan on Wednesday that will bring hundreds of acres into Ankeny’s city limits over the objections of rural homeowners who want to keep their land outside of the …

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NOTABLE TRANSACTIONS: 3 metro-area apartment complexes have new owners

Ownership of three Des Moines-area apartment complexes changed hands in the past week, a review of Polk County real estate transactions show. Specifically:

Belmont Park Apts LLC, located in Johnston, paid University Park LP $3.7 million …

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A history lesson: The role women played 100+ years ago in redevelopment of Des Moines’ riverfront

Downtown Des Moines’ riverfront was an undesirable place to visit in the 1890s.

Areas just east and west side of the Des Moines River were cluttered with soot-covered red-brick buildings with sagging roofs, according to …

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