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Real Estate and Development

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WHAT’S BEING BUILT: 3 convenience store chains have projects underway in metro area

In the first six months of 2022, commercial building permits were issued for the construction of nine new convenience stores with fuel pumps, a review of communities’ records shows. Permits valued at over $18.3 million were issued for the construction …

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‘White house’ being dismantled; was used for meetings, offices

The two-story structure that provided meeting and office space for Ryan Cos. US Inc. is being dismantled. Since this photo was taken in late July, the roof has been taken off and windows and siding have …

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Supply chain havoc slowed construction of new federal courthouse; project now expected to be completed in mid-2023

The Great Seal of the United States is etched into the glass entryway of the new federal courthouse under construction at 101 Locust St. in downtown Des Moines. Photo by Duane Tinkey Below: Architectural rendering of the new …

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Restaurant, DSM Culinary will be tenants in new Valley Junction development

Street-level space in a building under construction at 304 Fifth St. in West Des Moines’ Valley Junction will include a restaurant and DSM Culinary. Architectural rendering by Pelds Design Services Photo below: A view of the street-level space …

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Fewer residential building permits issued in Des Moines area in first half of 2022

The number of residential building permits issued by Des Moines-area communities in the first six months of 2022 totaled 1,966, 20% fewer than the 2,487 issued in the same period in 2021. To view a …

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Iowa’s second mass timber project underway in Valley Junction

Des Moines-area builder Peter Cutler was cautious yet excited when his brother, a developer, approached him about using mass timber to construct a mixed-use project in West Des Moines’ Valley Junction.


“I anticipated it to …

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A Closer Look: Scott and Molly Cutler

A funny thing happened as developer Scott Cutler passed through Houston a couple of years ago.


A dating app he was using matched him with a person who was commuting near the Houston airport. Cutler, …

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NOTEBOOK – ONE GOOD READ: High house prices don’t necessarily mean big paychecks for agents

The skyrocketing sale prices of houses has attracted thousands to the real estate selling profession. From January 2020 to January 2022, the number of real estate agents in the U.S. jumped from 1.38 million to …

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NOTABLE TRANSACTIONS: Texas Roadhouse buys Altoona property for $1.3 million

Texas Roadhouse Holdings LLC, based in Louisville, Ky., paid Cinemark USA Inc. $1.3 million for property at 2363 and 2407 Adventureland Drive N.W. in Altoona, Polk County real estate records show. The property includes 2 acres of undeveloped …

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Habitat for Humanity purchases former medical office building in Des Moines

A Des Moines nonprofit housing organization is expanding its educational programs in an effort to help more families become homeowners.

Greater Des Moines Habitat for Humanity Inc. has purchased property at 95 University Ave. in Des Moines …