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Real Estate and Development

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Panel: Iowa seen as a good place to invest in real estate

Investors looking for financially sound real estate investments are eyeing Iowa as a place in which to invest, said panelists in a recent virtual discussion hosted by the West Des Moines Chamber of Commerce.

Developers …

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Will J.C. Penney’s store be razed? No, says spokesperson

Proposed plans to redevelopment Valley West Mall will include razing the former Younkers department store but not the structure that houses J.C. Penney, a mall spokesperson told the Business Record.

Planning for the mall’s redevelopment …

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Spokesperson: Redevelopment of Valley West Mall will occur ‘in some way, shape or form’

The middle section of Valley West Mall in West Des Moines would be refurbished so that store fronts would face toward the parking and street rather than inside the mall. The proposed redevelopment of Valley…
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Demolition of former Sears department store begins


Work has begun on tearing down the former Sears department store building at Merle Hay Mall. The building was among the first constructed on the mall site in the late 1950s. The store closed in …

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BREAKING: Details of proposed $278 million Valley West Mall redevelopment revealed

An aerial view of the proposed redevelopment of Valley West Mall in West Des Moines. The view is from the southwest looking to the northeast. Architectural rendering by Shive Hattery Architects and Engineers

Owners of …

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ISU’s stadium bridge project gets final approval

Ames Tribune: The Iowa Board of Regents has given final approval for a $10 million pedestrian bridge that would span the road east of Iowa State University’s Jack Trice Stadium to move forward with construction. The …

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NOTEBOOK – ONE GOOD READ: Who is profiting from soaring lumber prices? Not tree growers

I recently talked with two people who operate lumber supply stores in the Des Moines area who told me about the increased costs of lumber. Prices have increased 50% and more, depending on the product, from a …

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Fort Dodge seeking aid from state funding program for mall redevelopment project

Redevelopment of the Crossroads Mall site in Fort Dodge is proposed to include the addition of a large plaza, a medical facility a hotel and multiuse buildings that would include apartments. Rendering by Shive Hattery Architecture and …

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Construction underway on new south-side center

A 6,000-square-foot strip center is under construction at 3727 S.E. 14th St. in Des Moines on a 1.7-acre parcel that has sat undeveloped for more than two decades.


The center’s anchor tenant will be Little …

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NOTABLE TRANSACTION: 2 Ankeny office buildings sold for $4.3 million

SH Investment Properties LLC, located in Ankeny, paid One Source Services LLC $4.3 million for property at 1200 and 1250 S.W. State St. in Ankeny, Polk County real estate records show. The property includes two office …