AABP EP Awards 728x90

Real Estate and Development

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Soaring lumber prices haven’t slowed new home construction in Des Moines area

A year ago, Beisser Lumber Co.’s premium framing package for a 1,700-square-foot ranch house cost about $24,000, said Dennis Oder, the company’s vice president.

Today that same package is priced at $42,000, he said, a …

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Iowa Republicans want to overrule cities’ Section 8 bans

Des Moines Register: Landlords could reject tenants who use the federal Section 8 program to help with housing costs, under measures Republicans in the Iowa Legislature are pushing for the second time this year. If approved, …

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Mercy Iowa City objects to proposed UIHC North Liberty hospital

A University of Iowa Hospitals & Clinics proposal to build a $230 million acute care hospital in North Liberty is not sitting well with nearby Mercy Iowa City, the Corridor Business Journal reported. Mercy officials are …

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Capital campaign underway to pay for historic theater’s renovations

Accessibility is a key mission of the Des Moines Film Society, a nonprofit group that is buying a historic theater in Des Moines’ Drake neighborhood.

The group on Feb. 1 launched a $3 million capital …

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NOTABLE TRANSACTIONS: Property on Ingersoll Avenue sold for $1.5 million, records show

ASE Real Properties LLC, a group based in Davenport, paid SJM Realty Inc. $1.5 million for property at 2010 Ingersoll Ave., Polk County real estate records show. The property on the southeast corner of Martin Luther King…
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$6.3 million renovation proposed for Market District warehouse

A $6.3 million renovation is planned for a warehouse in 152-year-old warehouse (pictured) in Des Moines’ Market District, the City Council learned this week.

Developer Tim Rypma, a partner in Stapek Partners LLC, is proposing a historically …

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2 retailers new to metro area opening stores in West Des Moines

Floor & Decor, a hard-surface floor retailer with 128 warehouse-format stores in 30 states, is opening its first Iowa location, anchoring an aging West Des Moines strip retail center at 1400 22nd St., city building …

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Omaha-based developers plan second multifamily project in Ankeny’s Prairie Trail planned community

Construction of the Sterling North at Prairie Trail multifamily development is scheduled to begin in the spring. The new apartment complex will include about 400 luxury units. Rendering special to the Business Record The company behind…
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INTERACTIVE MAP: Fourth quarter info added to 2021 commercial building permit map

 

Nearly 70 new commercial building projects were started in the Des Moines area in the fourth quarter of 2021, permit data from 13 metro-area communities and Polk County shows.

Click on each icon to …

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Des Moines council hears details of two proposed developments valued at $405 million

On the left is a rendering of a professional soccer stadium proposed for an area southwest of downtown Des Moines. On the right is a rendering of a multiuse stadium proposed in former department store …