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Real Estate and Development

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$2.1 million office building planned in Johnston for Impact7G

An environmental services company plans to build its headquarters in Johnston, a $2.1 million project that will bring at least 30 new jobs to the northwest Polk County suburb.

The Johnston City Council this week…
By KATHY A. BOLTEN | Nov 18, 2020
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Free-standing Starbucks planned in Grimes

 

 A Starbucks coffee shop will open at 2255 E. First St. in Grimes in mid-2021, according to Kurt Mumm, who with Mark Hanrahan, owns the 2.2-acre site. Architectural rendering special to the Business Record  Starbucks…
By BPC Staff | Nov 18, 2020
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Ankeny council approves development agreement with Echo Group

The Ankeny City Council this week approved a development agreement with Echo Group Inc., which plans to construct a $12 million warehouse and distribution center at Southeast Delaware Avenue and Southeast Corporate Woods Drive. According to the…
By BPC Staff | Nov 18, 2020
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PROJECT UPDATE: Sammons Financial Group headquarters

To watch a time-lapse video of construction of Sammons Financial Group’s new headquarters at 8300 Mills Civic Parkway in West Des Moines, click here.     Construction complete of Sammons’ new headquarters

What: Construction of new West…
By BPC Staff | Nov 18, 2020
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NOTABLE TRANSACTIONS: Casey’s buys Ankeny land for travel center

The following real estate transactions were recorded in Polk and Dallas counties between Nov. 9-13:   Casey’s Marketing Co. (the real estate arm of Casey’s General Store Inc.) paid Knapp Elwell LC $1.6 million for 13.6 acres…
By BPC Staff | Nov 18, 2020
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Hubbell Realty sells Grimes warehouse leased by Amazon

The building Amazon Inc. is leasing space in for its delivery station in Grimes has been sold to a buyer located in New York City, Polk County real estate transaction records show.

The transaction occurred…
By KATHY A. BOLTEN | Nov 18, 2020
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Albaugh family donates $500,000 to new Ankeny community center

A new senior community center under construction at 250 N.W. Ash Drive in Ankeny will be called Albaugh Family Senior Community Center. Dennis and Susan Albaugh are providing a $500,000 donation to the center. Architectural rendering …
By BPC Staff | Nov 17, 2020
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Nearly $1.1 million invested in Des Moines neighborhoods through new program

Before (left) and after photos of a house in the Drake neighborhood that was painted as part of a grant program with Invest DSM. Photos special to the Business Record

A block challenge grant program spearheaded …
By KATHY A. BOLTEN | Nov 16, 2020
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$12 million warehouse proposed in Ankeny

Echo Group Inc., which provides sales and support for wholesale electric supply markets, is proposing to construct a $12 million warehouse and distribution center at Southeast Delaware Avenue and Southeast Corporate Woods Drive, according to …
By KATHY A. BOLTEN | Nov 16, 2020
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At 11 a.m. on 11/11, Des Moines’ newest hotel opened for business

Mulberry Street Tavern, with its heavy wood accents, occupies the southeast corner of the building and can be seen from both Mulberry Street and Sixth Avenue. Photo by Joe Crimmings

Walk past the lobby of Des …
By KATHY A. BOLTEN | Nov 11, 2020