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Real Estate and Development

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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, …

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Controversial West Des Moines project approved by council


The West Des Moines City Council this week approved the site plan for a mixed-use development that several Valley Junction residents oppose. Developer Scott Cutler presented about the property at 304 Fifth St. in January and plans …

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PROJECT UPDATE: Renovation of former fitness center nearing completion

Renovation of a former fitness center at 3200 Westown Parkway in West Des Moines is complete. ClaimDOC is starting to move workers into the building. Rendering by Shive-Hattery Inc.

 

What: Remodel of former Fitness World facility…

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Busy year of construction underway in Ankeny

More than 1.1 million square feet of commercial and industrial space development is either underway or planned in Ankeny, making 2021 one of the community’s most active construction years.

Through May, the city has issued …

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Perishable Distributors of Iowa undergoing $38 million expansion

Perishable Distributors of Iowa Ltd. is expanding its cold storage warehouse in Ankeny, adding more than 175,600 square feet to the facility as well as trailer parking and loading dock areas.

The expansion will increase …

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Lifespace Communities sells Deerfield, Grand Lodge retirement communities

Lifespace Communities in West Des Moines announced Wednesday that it has reached an agreement with Omaha-based Immanuel Communities to transfer ownership and management of Lifespace’s campuses in Urbandale and in Lincoln, Neb., to Immanuel. Financial terms of the …