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Real Estate and Development

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CRE Update: New Drake neighborhood hotel open for business

The hospitality industry has been among the hardest hit during the pandemic.
Yet that didn’t dissuade a development group from moving forward with opening a 124-room Home2 Suites by Hilton at 2650 University Ave.
“As …

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PROJECT UPDATE: Paws & Pints

Paws & Pints, an indoor and outdoor dog park and bar, is proposed to be located in a two-story, 29,800-square-foot facility at 6128 Willowmere Drive in Des Moines. Architectural rendering by Slingshot Architecture

What: Paws & Pints…

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NOTEBOOK: Merle Hay Mall becoming ‘a mix of uses,’ its owner says

Elizabeth Holland didn’t mince words recently when she spoke to a Des Moines board about her vision for Merle Hay Mall, a shopping center developed in 1959 by her grandfather and another man.

Des Moines, …

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2020 CRE stories most popular with Business Record readers

The Greater Des Moines area was abuzz with activity related to commercial real estate in 2020, from the redevelopment of the Financial Center and opening of the Surety Hotel in what once was known as …

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Iowa home sales up 15%, new report shows

Corridor Business Journal: Iowa’s real estate market continued a strong 2020 surge in November, with home sales up 15%, according to the Iowa Association of Realtors Housing Trends report released today. Last month 3,727 homes were …

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New Drake neighborhood hotel open for business

A view of the newly opened Home2 Suites by Hotel and retail space in the 2600 block of University Avenue. Photo by Kathy A. Bolten

The hospitality industry has been among the hardest hit during the …

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West Des Moines fire ruled arson; juvenile charged

West Des Moines firefighters worked several hours on Nov. 2 and Nov. 3 to put out a fire at a vacant office building at 1247 Eighth St. The fire was ruled arson. Photo by Emily Blobaum…

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From department store to multiuse arena

2018 was brutal to Merle Hay Mall.  


Within a 47-day span, the northwest Des Moines regional shopping center lost its two longtime anchor tenants: Younkers in late August of 2018; Sears in mid-October. Both were …

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Iowa farmland values up nearly 2%

Des Moines Register: Iowa farmland values climbed nearly 2% this year, despite the COVID-19 pandemic that disrupted demand for the state’s farm goods and a hurricane-force derecho that damaged millions of acres of corn and soybeans. …

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D.M. residential real estate market tapped as one of the top in U.S.

The Des Moines-West Des Moines residential real estate market has been named one of the National Association of Realtors’ top 10 markets and one that is expected to continue to perform well in 2021, according …