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Real Estate and Development

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Burgeoning Grimes attracts millions in new commercial development

For several years, Grimes has seen its residential population flourish as new single-family houses, townhomes and apartments were constructed.

Now the city is experiencing a boom in commercial growth as well.

Large retailers are being …

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Proposed $33.5 million apartment project is for ‘active adults’

A proposed $33.5 million apartment project at 3801 Grand Ave. in Des Moines would include studio and one- to three-bedroom apartments. The project’s preliminary design was approved by the city’s Urban Design Review Board. Architectural rendering …

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More surgery space ahead at Broadlawns with $8.5M expansion

This rendering shows a nurses’ station for the expanded pre- and post-operative surgery area at Broadlawns.

More construction is under way at Broadlawns Medical Center, where work has begun on a surgery department expansion on the first …

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Downtown Des Moines’ newest hotel scheduled to open Nov. 11

The 12-story building at 2016 Sixth Ave. as it looked in 2009. The structure has undergone a $40 million renovation and will reopen on Nov. 11 as the Surety Hotel. Photo courtesy Polk County assessor

A …

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New Amazon site owner hopes to sell for twice the price

Corridor Business Journal: Less than a year after it acquired the Iowa City warehouse that is now home to an Amazon last-mile delivery center, new owners Tamshazon LLC have put the property up for sale …

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$250 million multiuse development planned for Grimes

A proposed $250 million mixed-use development in Grimes is expected to include hotels, restaurants, retail and a multiuse sports tournament venue that would open in fall 2021. The sports venue would include fields for soccer, …

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Central Iowa Shelter & Services breaks ground on new apartments in expansion plan; agrihood coming soon

Central Iowa Shelter & Services CEO Melissa O’Neil addresses the invitation-only audience for a groundbreaking on Tuesday morning of the Mulberry Street shelter’s expansion. Photo contributed

At the Central Iowa Shelter & Services on Tuesday, CISS …

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NOTABLE TRANSACTIONS: Burlington developer pays $3 million for undeveloped Waukee parcel

A 13.4-acre parcel in a high-traffic area of Waukee has been sold to a Burlington, Iowa developer, Dallas County real estate records show.

Waukee Towne Center LLC, managed by Michael Pierson of Burlington, paid the …

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PROJECT UPDATE: VizyPay to move offices to new Waukee office building, event center

VizyPay, a payment processing company currently located in West Des Moines, will move its offices to the second floor of an office and event center under construction in Waukee. Construction of the building, shown above, …

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PROJECT UPDATE: VizyPay to move offices to new Waukee office building, event center

VizyPay, a payment processing company currently located in West Des Moines, will move its offices to the second floor of an office and event center under construction in Waukee. Construction of the building, shown above, …