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Real Estate and Development

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D.M. area sees drop in number of homebuilding permits issued

Homebuilding slowed slightly in the Des Moines area in April with nearly 9% fewer building permits issued than in March, a review of communities’ building permit records shows.

In April, 468 permits were issued for …

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NOTABLE TRANSACTIONS: Des Moines building that housed Italian-American center sold

A building at 1961 Indianola Ave. in Des Moines that housed the Italian-American Cultural Center of Iowa has been sold for $555,000. Photo courtesy of Polk County Assessor’s Office

 

A building that for more than …

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Report: Retail vacancy rate at 8.6% in Des Moines area

The following are highlights from CBRE|Hubbell Commercial’s 2021 first-quarter market report for the Des Moines area:

• 8.6%, or 1.2 million square feet, of the area’s 14.4 million square feet of retail space was vacant.

• …

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Renderings released of project that includes Ruth’s Chris Steakhouse

A commercial and multifamily residential development called Village on Jordan Creek is planned at Ashworth Road and Jordan Creek Parkway. The project will include a Ruth’s Chris Steak House that will offer valet parking and …

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Facebook begins construction on next phase of data center campus in Altoona; $86.2 million permit issued for project

Construction has begun on a new data center for Facebook Inc. at its campus in Altoona, information from the city’s commercial building permit data shows.

The permit valued at $86.2 million was among the 81 …

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Start of construction delayed until next spring for warehouse development planned in northeast Des Moines

Difficulty in obtaining building materials in a timely manner likely will push the start of construction of a warehouse project in northeast Des Moines to spring 2022, members of Des Moines’ Urban Design Review Board …

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Hollie Zajicek: Economic development success means ‘never, ever dropping the ball’

Hollie Zajicek was working as the Warren County Economic Development Corp.’s executive director when she was invited to attend the official opening of Kosovo’s consulate in Des Moines. 

 

Zajicek went to the event, not …

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Project515 Event Series

 

What is Project515:
Project515 is a new series of real estate and development focused virtual events that will dive deep into three specific subsections of the industry: office, retail and housing. The series has …

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$4 million renovation, expansion of Des Moines depot complete

A yearlong renovation of the East Des Moines Union Depot is complete, as is the construction of a 7,500-square-foot events center. Photo by Joe Crimmings

Owners of the East Des Moines Union Depot weren’t sure what …

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NOTEBOOK – ONE GOOD READ: Why everywhere looks the same

With all of the new development happening around Greater Des Moines, particularly in my temporary COVID bureau here in suburban Ankeny, it’s interesting to see the various designs going into the many warehouses, retail centers, …