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Real Estate and Development

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Where’s Kohl’s? Proposed master plan for Merle Hall Mall excludes retailer

A proposed Merle Hay Mall master plan was released today. The master plan includes the footprint of a proposed new ice arena and hotel, both of which would take up space now occupied by Kohl’s …

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Link announces construction of second fully ADA compliant home

Link Associates has broken ground on its second 100% disability accessible home. In a news release, officials with the community-based nonprofit that provides services to people with intellectual disabilities, said ground was broken on the project …

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Panelists speculate on future of office space during discussion about downtown Des Moines

An outdoor entertainment arena that would include a stadium for soccer and other events could be located on the former Dico Inc. site that has been unused for 25 years. Photo by Duane Tinkey

It may…
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NOTABLE TRANSACTIONS

The following transactions were recorded in Polk and Dallas counties between Nov. 30 and Dec. 7.

AV Commercial Holdings LLC paid Bondurant Business Park LLS $427,725 for 2.1 acres at 2404 Robinson Ave. N.E., Polk County …

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N.Y. group buys six area apartment complexes for $56.7 million in first venture into Iowa

A New York investment firm has purchased several Ankeny apartment buildings, including this one at 458 N.E. Delaware Ave. Photo courtesy of Polk County assessor

 

A New York investment firm has purchased an Iowa multi-housing …

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Owner of Big Al’s BBQ eyeing West Des Moines location

Al Laudencia, who operates three Big Al’s BBQ restaurants in the Des Moines-area, is mulling opening a fourth location at a shopping center at 1960 Grand Ave. in West Des Moines.

Before he does, however, …

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West Des Moines experiencing second best year in construction valuation thanks to Microsoft

The city of West Des Moines has recorded more than $670 million in construction valuation in 2020, its second-best year on record, the city’s data shows.

The high construction values are due to work at …

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Construction managers talk about 2021 outlook, other topics

We recently talked with managers of four Des Moines area-construction companies about the outlook for 2021 and other related topics. The following are some highlights of those conversations broken down by topic:

Finding workers
Vince …

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Chicago architecture firm sues Charles City bank, contractors over development design

Cornice and Rose International LLC, a Chicago architectural firm, is suing an Iowa bank over what it calls the “piracy” of its intellectual property. First Security Bank & Trust Co. of Charles City took over …

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Construction managers cautious about 2021

The outbreak of the pandemic had little effect on construction in the Des Moines area in 2020 and construction managers are cautiously optimistic that if a slowdown occurs in 2021, it will be short-lived.

Construction …