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Real Estate and Development

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NOTABLE TRANSACTIONS: Local partnership group buys 2 downtown office buildings

Two downtown Des Moines buildings – one at 301 Grand Ave. (photo on left) and one at 516 Third St. – have been sold for a total of $9 million. Photos courtesy Polk County assessor

A local partnership group that …

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Lozano joins JLL’s Des Moines office

Jason Lozano has been hired as a senior vice president for JLL’s Des Moines office, the group announced. Lozano, who most recently was a senior broker associate with NAI Iowa Realty Commercial, has more than 24 …

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Two new Casey’s stores opening in Des Moines

Casey’s Inc., an Ankeny-based convenience store chain, is opening two new stores in Des Moines this month: A non-fuel store will open at 3121 Forest Ave. on Friday and a store at 3401 Ingersoll Ave. …

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Indianola council considering construction of new public facilities

The Indianola City Council is considering constructing a new building for its fire and police departments and one for City Hall and the library, the city announced in a news release.

The cost of the …

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PROJECT UPDATE: The Vibe @ 8035

 

Thirty-six units at a new multifamily development in Clive have been updated and are expected to be inspected this week. If no problems exist, certificates of occupancy will be issued, allowing tenants to begin …

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Social Club’s buyers want sound permit for events, but neighbors push back

Des Moines Register: The prospective buyers of the former Des Moines Social Club have one question to answer before they can make the purchase final — whether amplified sound for weddings, retirement parties or other events …

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WDM council approves land use changes for Suite Shots; lawsuit filed in effort to stop development

The West Des Moines City Council on Monday approved zoning changes for a 26-acre site south of Grand Avenue on which Suite Shots, a golf entertainment venue, is planned. Below: The map shows a possible layout of …

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Iowa evictions predicted to close in on record in 2022

Axios Des Moines: Iowa Legal Aid expects evictions to be near record levels this year as tenants find themselves without safety nets, due to the loss of emergency COVID-19 aid. The state is on track to …

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Rising interest rates, home prices pushing buyers out of housing market

Escalating sale prices of houses coupled with rapidly rising interest rates is pushing homeownership out of the reach of some buyers, local housing experts say.

In March, the  median sale price of a home in …

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Grimes council accepts land donation, $12 million for GrimesPlex

The city of Grimes now owns land on which a 50-acre multiuse sports complex is planned after the City Council this week approved accepting the land donation as well as $12 million from the project’s …

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