AABP EP Awards 728x90

Real Estate and Development

DSC 6869

City of Perry looks to buy Hotel Pattee in partnership with economic development group

Perry News: The city of Perry and the local investment group Perry Economic Development Inc. are looking to partner in purchasing the Hotel Pattee, a plan discussed last week at a work session of the Perry …

DSC 6869

Judge: City can buy downtown Des Moines parking garage

The city of Des Moines can purchase a beleaguered downtown parking garage located at Walnut Street and Fifth Avenue, a Polk County District Court judge has ruled.

The structure has been at the center of …

DSC 6869

NOTABLE TRANSACTIONS: Sportsman’s Warehouse property in Ankeny sold

Hurd Johnston LLC paid Dallas, Texas-based Spirit SPE Portfolio 2012, 4 LLC $7.53 million for property at 921 S.E. Oralabor Road in Ankeny, Polk County real estate records show. The 5.7-acre parcel property includes a 49,677-square-foot …

DSC 6869

Confluence acquires Denver-based firm


Confluence, a nationally recognized landscape architecture, planning and urban design firm, has acquired Denver-based firm studioINSITE. With the acquisition, Confluence now has offices in nine U.S. cities including Des Moines. “We see Denver as a …

DSC 6869

PROJECT UPDATE: New grocery store in Altoona

Aldi Inc. will open a grocery store Friday in Altoona. The new store if the first in Altoona for the national chain. Photo by Kathy A. Bolten

 

New grocery store in Altoona slated to open…
DSC 6869

$16.9 million historic renovation planned for Grand Tree Apartments in Des Moines

Apartment buildings at 2225, 2305 and 2315 Grand Ave. in Des Moines would undergo a $16.9 million renovation under a proposal presented this week to the city’s Urban Design Review Board. Architectural rendering by Substance Architecture…

DSC 6869

Urbanism and ‘earthy’ will be intertwined in streetscapes of redeveloped Market District, city board told

A redeveloped East Market Street would include a diverse tree canopy, bioswales and a variety of paver stones, according to a plan presented to Des Moines’ Urban Design Review Board today. Architectural rendering by Design Workshop…

DSC 6869

Court papers: Parking garage developers won’t oppose Des Moines’ purchase of structure

The city of Des Moines will likely purchase a newly constructed downtown parking garage at the center of two court proceedings after the structure’s developers declined to oppose the proposed sale, papers filed in Polk …

DSC 6869

2020 was a record year for home sales in the Des Moines area

The pandemic, which for 10 months has kept many people at their homes working, learning and recreating, may have also helped fuel a record-setting year for home sales in the Greater Des Moines area.

In …

DSC 6869

City-owned land in Market District appraised at $11.1 million

District Developer LLC, a consortium that includes developer James Cownie’s JSC Properties, MidAmerican Energy Co. and other local developers, plans to redevelop 39 acres of the Market District, a 260-acre area roughly between East Court …