AABP EP Awards 728x90

Real Estate and Development

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Renovation underway on building with unique ‘sawtooth’ roof

Renovation of the building at 217 E. Second St. in Des Moines will include a new air filtration system. The interior will be lit in part from sunlight that will come through glass in the …

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‘People are ready to party’

 

Construction of Willow on Grand, a 6,029-square-foot event venue at 6011 Grand Ave., is expected to be completed by the end of 2021. The rendering above shows a courtyard with seating that will be …

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Big Grove Brewery expanding to D.M., in Sherman Hill area

Cedar Rapids Gazette: Big Grove, the eastern Iowa brewery with locations in Iowa City and Solon, will be expanding to Des Moines. Big Grove Brewery will be part of a development by Krause+, the real estate …

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Des Moines-area homebuilding continues to slow

Homebuilding continued to slow in the Des Moines area in May with nearly 13% fewer residential building permits issued than in April, a review of communities’ building permit records shows.

The slowdown follows a trend …

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VIDEO: Project515 – Retail and services outlook

The retail and services industries have seen major changes in the past decade, arguably none more abrupt than those brought on by the global pandemic in the past year. This has been true from small …

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Des Moines’ portion of Dico cleanup estimated to cost $923,000

The former Dico Inc. property sits south of West Martin Luther King Jr. Parkway. Photo by Duane Tinkey

For nearly three decades, the city of Des Moines has been unable to rid a high-profile downtown area of an eyesore.

Now …

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Developer of ‘transformative’ Des Moines projects, Blackbird faces future clouded by mistrust, legal and financial issues

Des Moines Register: Blackbird Investments, a development firm known for its involvement in taxpayer-backed landmark projects in Des Moines, is facing growing skepticism as it and its owner face lawsuits that accuse them of failing …

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State board denies petition objecting to Indianola’s use of local option sales tax for Streetscape Project

Architectural rendering of Indianola’s City Square Reconstruction Project. Special to the Business Record

The Iowa State Appeals Board has dismissed a petition objecting to the city of Indianola’s use of Local Option Sales Tax funds for …

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Lauridsens pledge up to $1 million final phase of renovations at Mainframe Studios

Philanthropists Nix and Virginia Lauridsen have pledged to donate up to $1 million to help pay for the final phase renovations at Mainframe Studios, which houses affordable workspaces for artists and low-cost office space for nonprofit arts …

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NOTABLE TRANSACTIONS: Out-of-state groups pays $16.5 million for Polk County property

An out-of-state group has purchased three properties in a light industrial area between Des Moines and Ankeny for $16.55 million, Polk County real estate records show.

Elidan LLC, based in Denmark, Wisc., purchased properties at 5990, …