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Real Estate and Development

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PROJECT UPDATE: Des Moines’ public works facility

Exterior walls have been erected on the city of Des Moines’ new Municipal Service Center at 1700 Maury St. Work is expected to be completed by May 31, 2022. Drone photo provided by City of Des …

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CBRE|Hubbell announces brokerage awards

 

Tyler Dingel, (pictured on left)senior vice president at CBRE|Hubbell Commercial, has been named the company’s 2020 Broker of the Year. In addition, Chris Pendroy, vice president with the group, has been named 2020 Leader Most Transactions. Dingel …

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W.D.M. commission approves rezoning land along Grand Avenue

The West Des Moines Plan and Zoning Commission this week approved a request to rezone land at 225 and 301 Grand Ave. to allow the construction of a new Wendy’s fast-food restaurant. The restaurant will…
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Office vacancy rate increases to 16.2% in Des Moines area

The vacancy rate for office space in the Des Moines area increased to 16.2% in the quarter that ended March 31, up slightly from the fourth quarter when the rate was 15.9%, according to JLL’s …

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What commercial properties in Polk County have the highest assessed valuations?

Facebook Inc.’s data center at 6007 N.E. 46th St. in Altoona is the commercial property in Polk County with the highest assessed full valuation, assessor records show. The property is assessed at $393 million. Photo courtesy …

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Electrical Workers constructing new facility in Ankeny

Construction is underway in Ankeny on a building that will include new offices and meeting space for the International Brotherhood of Electrical Workers Local 347. The new facility will be located at 6809 S.E. Bellagio …

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Hands-on event promoting skilled trades planned in Des Moines

More than 2,500 Iowa high school students from 75 school districts are expected to attend “Build My Future,” which will be held from 8 a.m. to 3 p.m. Wednesday at the Varied Industries Building on the Iowa …

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INTERACTIVE MAP: Polk County’s highest valued properties

 

The interactive map shows the 139 non-tax-exempt commercial, industrial and multifamily properties in Polk County with assessed valuations of $15 million or more.

Click on each icon to see property owner, address of property, …

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Historic Hotel Pattee in Perry sold again

Perry Industries Inc. and investment group Perry Economic Development Inc. have completed the purchase of the Hotel Pattee and La Poste, a social gathering place, the groups announced in a news release. The purchase of …

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COVID ‘ruined our business,’ so company pivoted to drive-in movies

      Last summer, HD on the Go began offering drive-in movies in communities across the Midwest, including Clive and Urbandale. The Des Moines-based business is proposing to create a drive-in movie at Valley…