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Real Estate and Development

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Hubbell opens Edencrest senior living facility in Pleasant Hill

Hubbell Realty Co. has completed Edencrest at Pleasant Hill, its ninth senior living community in the Des Moines area.

The $17 million development has 70 studio, one-bedroom and two-bedroom apartment homes, 44 of which are …

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Hubbell plans $27 million apartment project in Ankeny

Hubbell Realty Co. plans on breaking ground on a new 162-unit apartment complex in Ankeny next spring. Siena Crossing will be located on 7 acres near Ankeny Boulevard and Oralabor Road. Rendering by Simonson &…
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Southridge Mall, outlots sold for $4 million

The operator of a web-based auction company has acquired much of Southridge Mall including many of the outlots surrounding the aged retail center, Polk County real estate records show.

Native Real Estate LLC, managed by Travis …

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New Alliant Ag Innovation Lab opens for business at ISU Research Park

The new 86,000-square-foot Alliant Energy Agriculture Innovation Lab at the Iowa State University Research Park opened last week, creating a hub for “service-driven innovation,” said Matt Darr, the leader of the university’s Digital Agriculture Innovation …

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Story Construction acquires Sioux City-based L&L Builders

Ames-based Story Construction has announced an agreement to buy the assets of L&L Builders Co., a general contractor based out of Sioux City.

According to a news release announcing the acquisition, Story Construction will retain …

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NOTABLE TRANSACTIONS: Downtown Des Moines property changes hands

Old Ford Tractor LLC, located in Des Moines, paid 13th & Mulberry LLC $2.3 million for property at 213 13th St. in downtown Des Moines, Polk County real estate records show. Renovation of the one-story, …

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VIDEO: Project515 tackles home construction, buying trends and outlook

The housing market, in Iowa and the nation, continues to be a critical economic issue. An increasing number of people don’t have enough money to purchase their first home. Also, many potential homebuyers are sidelined …

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Council action paves way for sale of Wells Fargo properties

The Des Moines City Council on Monday approved terminating a minimum assessment agreement between the city of Des Moines and Wells Fargo for property at 801 Walnut St. The agreement needed to be terminated before …

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Sale of Wells Fargo’s downtown Des Moines properties may be nearing

Property owned by Wells Fargo at 801 Walnut St. in downtown Des Moines is one of five parcels for sale by the financial institution. The Des Moines City Council on Monday is expected to approve…
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West Des Moines approves Grand Experience development agreement

The West Des Moines City Council this week gave its nod to an agreement with the developer behind the $400 million multiuse Grand Experience, a project that city officials said will spur other development and …