h digitalfootprint web 728x90

Real Estate and Development

DSC 6869

Is empty property next to downtown parking garage part of foreclosure, developers ask in court battle

A Polk County District Court judge is being asked to clarify the ownership of two undeveloped lots adjacent to downtown Des Moines parking garage property that was foreclosed on, according to court papers filed Thursday …

DSC 6869

Des Moines to buy garage at the Fifth, but legal battle with developers continues

Des Moines Register: Des Moines will soon own an 11-story parking garage that is part of the embattled project the Fifth. A purchase agreement approved Wednesday by the City Council will free the city to enter …

DSC 6869

Nine Iowa communities receive historic preservation grants

The historic Muscatine County Jail. Submitted photo

Nine Iowa communities have been selected to receive a total of $108,284 in grants for historic preservation projects. The State Historic Preservation Office, a bureau of the Iowa Department …

DSC 6869

NOTABLE TRANSACTIONS: Altoona farm ground purchased for warehouse development

KCI Altoona Industrial Land LLC, based in Kansas City, paid Valley Development Co. $4.37 million for 75 acres of farm ground in Altoona, Polk County real estate transactions show. KCI Altoona plans to develop up to 1.24 million …

DSC 6869

PROJECT UPDATE: Shelter for women and children

The three-story section of a former east-side elementary school would be razed to make room for a shelter for women and children. The proposed project has experienced delays related to the pandemic. Photo by Kathy A.…
DSC 6869

Iowa Realty acquires Newton-Grinnell independent operator

Heartland Iowa Realty, which had been independently owned and operated by Caren and Phil Clevenger and Mark Larson, has been acquired by HomeServices of Iowa, parent company of Iowa Realty. Heartland Iowa Realty has offices …

DSC 6869

Paul Rupprecht inducted to Midwest CRE Hall of Fame

Paul Rupprecht, R&R Real Estate Advisors president, has been inducted into the Midwest Commercial Real Estate 2020 Hall of Fame. Rupprecht has spent nearly 30 years in the commercial real estate industry. Daniel Rupprecht, R&R Realty’s founder and …

DSC 6869

2 high-profile projects proposed for metro area will go head-to-head for state tax dollars

Two high-profile Des Moines-area projects likely will be competing for funding through the Iowa Reinvestment Act Program, which allows a portion of sales and hotel-motel taxes generated from new projects to be captured and reinvested …

DSC 6869

Details of $535 million proposed soccer stadium project revealed

An architectural rendering of the proposed stadium and plaza project on the former Dico Inc. site at 200 S.W. 16th St. in Des Moines. Rendering special to the Business Record

Backers of a proposal to…
DSC 6869

Convention center, hotel project proposed in West Des Moines

A convention center with attached hotels is proposed on 5.5 acres at Stagecoach Drive and Market Street in West Des Moines. The project, which would include a five-level parking structure with more than 1,000 spaces, …