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Real Estate and Development

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$24.3M in renovations proposed for 2 downtown warehouses

A local development team is proposing a $10 million historical renovation of a four-story brick building at 106 S.W. Seventh St. in Des Moines. The building was originally occupied by Carpenter Paper Co., whose name …

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Receiver appointed in Valley West Mall foreclosure proceedings

Krista Freitag, who specializes in overseeing properties in foreclosure, has been appointed as receiver of Valley West Mall while a foreclosure petition makes its way through legal proceedings, a Polk County District Court judge ordered…
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VIDEO: Watch yesterday’s Project515 Retail event

 

Consumer shopping habits were changing before the pandemic began. The economic turmoil caused by the global health crisis only quickened the move to buying everything from groceries to clothes and sporting equipment online. Now …

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Iowa State planning 700,000 square feet of new construction in next 30 years

Cedar Rapids Gazette: Over the next 30 years, Iowa State University is planning to renew or replace 2.3 million square feet of buildings on its Ames campus and build 700,000 square feet of new construction, according …

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Alleman wages annexation war against Ankeny’s expansion plans

Axios Des Moines: Alleman, a town of about 450 people just north of Ankeny, wants to more than double its territory by annexing unincorporated land. Alleman Mayor Bob Kramme said the move would help protect the …

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Osceola industrial park achieves certified site status

The E. Eddy Saylor Industrial Park in Osceola has achieved certification through the Iowa Certified Sites Program, the Iowa Economic Development Authority announced. The site joins 27 others in Iowa that have been designated as project-ready. “Certified sites …

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Hearing scheduled on Valley West Mall foreclosure petition

A Polk County District Court judge has scheduled a hearing for 11 a.m. Friday to hear a request to appoint a receiver for Valley West Mall, 1551 Valley West Drive in West Des Moines. In May, U.S. …

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Hearing scheduled on Valley West Mall foreclosure petition

A Polk County District Court judge has scheduled a hearing for 11 a.m. Friday to hear a request to appoint a receiver for Valley West Mall, 1551 Valley West Drive, West Des Moines. In May, …

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2-story office building on Ingersoll Avenue razed; bank building planned

 

The two-story office building that had stood on the northwest corner of 31st Street and Ingersoll Avenue has been razed. JP Morgan Chase Bank NA plans on building a three-story bank building on the …

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Cedar Rapids’ casino plans envision $250 million complex near downtown

Cedar Rapids Gazette: Undeterred by state lawmakers’ action to block new casino licenses until 2024, backers have unveiled plans for a $250 million, 160,000-square-foot casino, entertainment and cultural arts complex near downtown Cedar Rapids. The Cedar …