h digitalfootprint web 728x90

Real Estate and Development

DSC 6869

Big Grove Brewery will help revitalize northwest corner of downtown Des Moines

 

Big Grove Brewery is expected to lease about 12,000 square feet of the one-story portion of the former Crescent Chevrolet building at 555 17th St. in Des Moines. The new brewpub, which is expected to …

DSC 6869

NOTABLE TRANSACTIONS: Texas entities purchase 2 Des Moines apartment complexes

Two investment groups based in Frisco, Texas, have purchased apartment complexes located on Des Moines’ south side, Polk County real estate records show.

DSM Portfolio I Holdings LLC and MKC Properties Holdings LLC paid Willow Park Partners LLC …

DSC 6869

Architecture billings continue to rebound

Demand for design services from architecture firms, particularly those in the Midwest, continues to grow at a fast pace, according to a report from the American Institute of Architects. The group’s Architecture Billings Index score …

DSC 6869

Eastern Iowa industrial portfolio sells for $54 million

The recent $54 million sale of a 1.4 million-square-foot industrial portfolio in eastern Iowa is among the largest sales in the sector in the state in both size and value, according to a recent release …

DSC 6869

PROJECT UPDATE: Hotel project ‘slowly moving forward,’ according to developer

The pandemic prompted Des Moines developer Jake Christensen to slow down plans to restore property at 2525 Grand Ave. to its original use as hotel. Architectural rendering by Slingshot Architecture

What: Renovation of former motor lodge-turned-apartments back …

DSC 6869

Dental group signs long-term lease for office space in Grimes

A Des Moines-area dental group has signed a long-term lease for 5,000 square feet in a speculative building in Grimes developed by Kurt Mumm and Mark Hanrahan.

The building is one of two developed in the …

DSC 6869

Master Builders of Iowa seeks applicants for MBI-WORKS funds

The Master Builders of Iowa announced it is accepting applications from eligible schools and nonprofit organizations for its annual MBI-WORKS Endowment. Launched in 2019 with funding of $5 million, the MBI-WORKS Endowment was created to …

DSC 6869

Top Polk County home assessment hikes not where you might expect them

Des Moines Register: Though every neighborhood in Polk County saw average home values go up this spring, Des Moines residents were hit with higher property tax reassessments than their suburban peers, a Des Moines Register analysis …

DSC 6869

Groundbreaking launches construction of multimillion-dollar Market District development

Architectural rendering provided by JSC Properties

The redevelopment of an area just east of the Des Moines River from industrial grounds to streetscapes began Thursday with a groundbreaking ceremony for the Market District, a multimillion-dollar …

DSC 6869

NOTEBOOK – ONE GOOD READ: The state of the U.S. housing market

Even the most casual observer knows that the housing market is, well, just crazy right now. Frantic buyers are in some cases bidding up scarce houses by tens of thousands of dollars, and listings throughout …