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Real Estate and Development

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JLL selected to market Norwalk mixed-use development

The Des Moines office of JLL has been selected to market Hughes Century Crossing at Norwalk Central, a retail and residential development owned by Diligent Development. The Norwalk City Council recently approved agreements related to the development, located at Iowa Highway …

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Slingshot Architecture founder Greg Wattier retiring in the fall

Greg Wattier, founder of Slingshot Architecture, plans on retiring in the fall when the company celebrates its 20th anniversary.

Wattier and wife Sandi Wattier (pictured), founded G.E. Wattier in Colorado in 2002. Greg handled the client …

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Apple project in Waukee moving forward

An architectural rendering of Apple’s planned data center in Waukee that was released in 2017 when the project was announced.

 

Apple Inc. has begun infrastructure improvements at the site in Waukee where it announced …

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Apple project in Waukee moving forward

An architectural rendering of Apple’s planned data center in Waukee that was released in 2017 when the project was announced.

 

Apple Inc. has begun infrastructure improvements at the site in Waukee where it announced …

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Construction begins on historic Varsity Cinema

 

New renderings were released of what the interior of the Varsity Cinema will look like when rehabilitation of the historic theater is completed in the fall. The rendering above shows the renovated lobby. Below…
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Smash Park expanding into Twin Cities

Smash Park, the self-described “eatertainment” venue in West Des Moines, plans to open two locations in the Twin Cities market in 2023 and 2024, the group announced. Smash Park, located east of Jordan Creek Town Center, …

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Mortgage rates top 4% for the first time since 2019

Wall Street Journal: The era of ultralow mortgage rates is over. The average rate for a 30-year fixed mortgage topped 4% for the first time since May 2019, Freddie Mac said today. At the beginning of …

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Affordable housing symposium planned for April 7

Shane Phillips, author of “The Affordable City: Strategies for putting housing within reach (and keeping it there),” will be the keynote speaker at the Affordable Housing Symposium to be held at 8 a.m. April 7 …

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NOTABLE TRANSACTIONS: West Des Moines Motel 6 sold for $2.8 million

An Urbandale-based hotel group has purchased motel in West Des Moines, paying $2.8 million for the property, Dallas County real estate records show.    Essel Hotels LLC, managed by Sushil Desai of Nuvision Hospitality Management Inc.,…
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Chris Trosper joins Heart of America Group

Chris Trosper has joined the Heart of America Group’s Des Moines office as vice president of development, the company announced. Trosper most recently worked at Hubbell Realty Co., where he was involved with commercial development …