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Real Estate and Development

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Keynote speaker announced for annual land expo

Four-star Gen. John Kelly, the former secretary of homeland security and White House chief of staff, will be the keynote speaker at the 2021 Land Investment Expo. The annual expo, hosted by People Co., is …

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PROJECT UPDATE: Hotel renovation project on hold, developer says

The pandemic has prompted Des Moines developer Jake Christensen to put on hold plans to restore property at 2525 Grand Ave. to its original use as hotel. Architectural rendering by Slingshot Architecture

 

What: Renovation of former…
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Pappajohns, Grinnell College recognized for contributions to architecture


John and Mary Pappajohn are among the recipients of the Iowa Architecture Foundation’s 2020 Community Enhancement Through Architecture & Design Awards. Photo special to the Business Record

John and Mary Pappajohn and Grinnell College are the …

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Polk County judge: Receiver will be appointed for downtown parking garage property

A Polk County District Court judge plans to appoint a receiver to oversee the remainder of the construction of a downtown Des Moines parking garage while the outcome is decided in a foreclosure petition involving the property.   …

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D.M. parking garage receivership hearing scheduled for Tuesday

Work is continuing on a parking garage at Fifth Avenue and Walnut Street in downtown Des Moines. Bankers Trust Co. filed a foreclosure petition on the property on Sept. 14. Photo by John Retzlaff

Arguments are …

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Developers of the Fifth seek $101 million in counterclaim against city

The developers for a massive, multipiece downtown project called the Fifth have filed a counterclaim against the city of Des Moines, claiming the city reneged on its development agreement and seeking $101 million in damages.…
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Developers of new Valley Junction building want structure to blend into historic area

Developers of a $3.3 million mixed-use project along Fifth Street in West Des Moines’ Historic Valley Junction are sensitive to ensuring that the new structure respects the area’s architecture but that it also has its …

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NOTABLE TRANSACTIONS: GreenState Credit Union buys land in Grimes

GreenState Credit Union paid Hope K Farms LLC $849,420 for property at 100 S.E. Gateway Drive in Grimes, Polk County real estate records show. The 1.5-acre tract is just west of where a new Hy-Vee grocery store is …

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Opus Foundation hands out $127,000 in grants to Des Moines-area nonprofits

Eight Des Moines-area nonprofit groups have been awarded grants totaling $127,000 from the Opus Foundation, the charitable arm of the Minneapolis-based Opus Group, a commercial real estate development, construction and design company with offices in…
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Mrs. Clark’s Foods plans expansion of its Ankeny facility

 

MCF Operating LLC, which does business as Mrs. Clark’s Foods, is planning a $5 million expansion to its facility at 740 S.E. Dalbey Drive in Ankeny. In addition, the company plans to add more…