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Real Estate and Development

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Five-story, 169-unit apartment structure, and Grimes library among 33 new projects issued building permits in June

A building permit valued at over $39.1 million was issued in June for an apartment project at 425 S.W. 11th St., south of downtown Des Moines. Architectural rendering by Simonson & Associates LLC

Building permits …

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Shive-Hattery announces acquisition of St. Louis-based firm

Architectural and engineering firm Shive-Hattery has acquired St. Louis-based KdG Architects, Shive-Hattery announced today. According to a news release, the acquisition will deepen the West Des Moines-based Shive-Hattery’s reach in regional and national markets. It will also …

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Fundraising extension sought for Des Moines Buccaneers’ arena

Des Moines Register: Des Moines Buccaneers officials are delaying development of their new hockey arena at Merle Hay Mall. Executives with the junior hockey team announced today that they are having trouble securing private funds for …

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Hoyt Sherman Place to add a new outdoor venue

Axios Des Moines: Hoyt Sherman Place is launching a new project that will include a staging area for outdoor events, CEO Robert Warren told Axios this week. Previous renovations have shaped the historic venue and its …

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NOTABLE TRANSACTIONS: Neighborhood shopping center in Clive sold for $5.3 million

Creekside Clive LLC, located in Clive, paid MCR Investments IV LLC $5.3 million for property at 9900 Swanson Blvd. in Clive, Polk County real estate records show. The 7.1-acre parcel includes a 47,836-square-foot neighborhood shopping center built in …

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New office building planned in WDM


A 5,315-square-foot, one-story office building is planned at 901 S. 50th St. in West Des Moines, members of the City Council’s Development and Planning Subcommittee learned this week. The building would be constructed on a …

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CRE Summit planned in Omaha on Aug. 26

The 2022 CRE Summit, looking at “the changing world of commercial real estate,” will be held Aug. 26 at the CHI Health Center in Omaha. The summit, in its 33rd year, begins at 7:30 a.m. …

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Marcus Pitts receives Ankeny chamber honor

Marcus Pitts, managing director of JLL Des Moines, has been named the Ankeny Area Chamber of Commerce’s Small Business Person of the Year. Pitts, who has more than 19 years of commercial real estate experience, co-founded …

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$26 million warehouse, distribution facility planned in Des Moines

A Des Moines-based logistics and supply chain company is proposing to construct a 305,760-square-foot building that will be used for distribution and light assembly on 38 acres of undeveloped ground at 1717 E. Army Post Road, the …

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PROJECT UPDATE: Council approves financial package for project north of downtown

A $300,000 grant was approved by the Des Moines City Council this week for a mixed-use commercial project proposed at 1714 Sixth Ave. in Des Moines. The rendering above is looking north on the street. Architectural …

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