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Real Estate and Development

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Site plan approved for Microsoft’s third building at Osmium data center

The site plan for Microsoft Corp.’s third building at its Osmium data center development was approved in December by West Des Moines’ City Council and Plan and Zoning Commission. The 241,000-square-foot structure is the third…
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West Des Moines company plans large warehouse expansion

A West Des Moines company that develops custom injection molders plans to nearly double its warehouse, city staff said in a recent meeting with City Council members. The company, Innovative Injection Technologies or I2Tech, owns …

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Des Moines multiuse building receives national recognition

A four-story, mixed-use building (pictured) at 111 E. Grand Ave. in Des Moines is among 20 winners of Engineering News Record’s Best of the  Best Projects competition. The building was the competition’s office/retail/mixed-use category winner. …

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PROJECT UPDATE: 25th Street and University Avenue

Work is progressing on an apartment and commercial project on the southeast corner of 26th Street and University Avenue. The project is being developed by Nelson Construction & Development. Photo by Kathy A. Bolten

Mixed-use building…
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Des Moines joins bank in asking court for quick hearing on sale of parking garage

The city of Des Moines has joined Bankers Trust Co. in asking a Polk County District Court judge to quickly set a hearing on the financial institution’s request to sell a downtown parking garage to …

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Court papers: Des Moines offers to buy parking garage property in foreclosure

The parking garage at Fifth Avenue and Walnut Street in September 2020. Business Record file photo.

 

The city of Des Moines would buy a recently completed parking garage at Fifth Avenue and Walnut Street for about …

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Pleasant Hill issues record number of building permits in 2020

The city of Pleasant Hill in 2020 issued 218 buildings permits valued at $60.5 million, both records for the eastern Polk County community. Previous records were set in 2006 when 196 permits were issued and …

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Former White House chief of staff John Kelly to headline Land Investment Expo next week

Former White House chief of staff and homeland security secretary Gen. John Kelly is scheduled to headline next week’s Land Investment Expo at the Iowa Events Center in Des Moines. Kelly will be interviewed onstage by Anthony …

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New taproom coming to downtown Des Moines

Craft Bru will open in May at LINC at Gray’s Station. The new taproom will offer 60 Midwest craft beers. Architectural rendering by Slingshot Architecture

A taproom featuring 60 Midwest beers will open in May at …

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Ankeny issues record $423 million in building permits in 2020

The city of Ankeny issued building permits valued at more than $423 million in 2020, topping the previous record of $416 million set in 2019, city officials announced. Overall, the city issued a record 3,220 …