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Real Estate and Development

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134-year-old building on Des Moines’ east side faces demolition after being designated a public nuisance by city officials

Last summer, the building at 2951 E. Walnut St. was declared a public nuisance by the city of Des Moines. In early March, the Des Moines City Council authorized city staff to take the necessary …

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Can the Des Moines area support two golf entertainment venues?

For more than a decade, Des Moines residents have consistently put Topgolf near the top of the list of national retailers they wanted in Central Iowa.

In the past three months, backers of two Topgolf-like …

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Tiny bats spur removal of trees

Two species of bats are having a large effect on the development of a golf entertainment venue planned on 12 acres in Johnston.

The city of Johnston is allowing Stoye & Kann Development, the group …

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2 planned sports venues will ‘spark development interest’ along Merle Hay Road, Johnston official says

For nearly a decade, city officials in Johnston have been piecing together plans for redeveloping Merle Hay Road, the backbone of the city that stretches from Interstate Highway 80 north to Northwest Beaver Drive.


The …

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NOTABLE TRANSACTIONS: Johnston buys land along Merle Hay Road eyed for golf venue

The city of Johnston has purchased a nearly one-acre parcel along Merle Hay Road that is expected to be part of a proposed new golf entertainment venue.

The city paid 5229 Partners LLC, located in Wisconsin, $825,000 …

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NOTABLE TRANSACTIONS: Waukee buys land for affordable housing development

Included among the goals of the city of Waukee is providing affordable housing in the Dallas County community.

To help achieve that goal, Waukee has purchased 15.2 acres of undeveloped ground at 500 N. Warrior Lane, paying Prairie Rose …

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NOTABLE TRANSACTIONS: Fleet Farm property in Waukee sold again, this time for $43.5 million

Property in Waukee that includes Fleet Farm retail and convenience stores has changed hands for the second time in less than 14 months.

KB Waukee DST, an entity managed by Kingsbarn Realty Capital headquartered in …

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R&R Real Estate Advisors recognizes top performing sales staff

R&R Real Estate Advisors, a subsidiary of R&R Realty Group, has recognized its top-producing brokers of 2021. Chris Curran, senior vice president, was named 2021’s Top Producer and Rainmaker for his work on closing significant …

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2 affordable housing projects aimed at seniors planned in WDM

Construction of a multifamily affordable housing project aimed at people 55 and older is scheduled to begin in the summer at 8701 Ashworth Road in West Des Moines. CT Development plans a similar project at …

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Iowa Finance Authority launches inspections at subsidized housing properties

Des Moines Register: The Iowa Finance Authority, which oversees compliance of low-income housing developments in Iowa built through federal tax credit programs, will launch a major effort today to inspect 65 complexes overseen by two property …