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Real Estate and Development

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2021’s most read commercial real estate stories

    This is the time of year for lists, and here’s ours: The seven most-read commercial real estate articles in 2021.

An interesting factoid to share is that readers continued to click on the article about…
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A snapshot of construction projects proposed in Des Moines area

The following is a look at development projects planned in the Des Moines area. The projects, broken down by city, include both new developments and updates or expansions to existing facilities.

ANKENY
• Opus Development …

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Health club operator receives $3 million loan from Polk County

Genesis Health Clubs has purchased a building at Southridge Mall that previously had been occupied by Sears department store. The Kansas-based health club, which has three Des Moines locations, plans to repurpose the space to…
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1000 Friends of Iowa announce best development award winners

1000 Friends of Iowa, a nonprofit focused on responsible land use, announced Monday the recipients of its 2021 Best Development Awards. Eight developments received the awards for the “efficient use of resources to develop sustainable …

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NOTABLE TRANSACTIONS:New York group buys Lodge of Ashworth property for $18.1 million

A New York entity has purchased property in West Des Moines that includes the Lodge of Ashworth, a retirement community developed in the mid-1980s by the Colby family, Polk County real estate records show.

Elite…
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2021 Leaders’ Survey responses on affordable housing


The Business Record began releasing results from the 2021 Leaders’ Survey in its Nov. 26 print edition. The annual survey asks business leaders to share what they feel are some of the top issues affecting businesses in …

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Hubbell sells Bridge District apartment buildings for $51.8 million

Verve, left, a 128-unit apartment high rise at 225 E. Center St. in Des Moines, and Velocity, a 115-unit apartment building at 200 Des Moines St., have been sold to out-of-state investors. Photos courtesy Polk County …

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Median sale price of D.M.-area home up 17.2% from year ago

The median sale price of a home in the Des Moines area in November was $252,000, 17.2% higher than in November 2020, data from the Des Moines Area Association of Realtors shows.

In November 2020, …

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ISU researchers to use 3D technology to design affordable, sustainable homes

Faculty members at Iowa State University are hoping to find solutions for affordable housing in rural areas of the state with 3D technology.

The ISU College of Design’s 3D Affordable Innovative Technologies Housing Project has …

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Micro-retail spaces planned in Drake-area mixed-use project

The mixed-use development planned on the block east of Drake University’s Des Moines campus will feature micro-retail units proving popular with business startups nationwide.

“It’s good entrepreneurial space that supports someone starting out and they …