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Real Estate and Development

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12 Iowa housing projects awarded over $8.9 million in federal tax credits

More than $8.9 million in federal housing tax credits was awarded this week by the Iowa Finance Authority to support the construction of 12 housing projects in 10 communities.

The projects will result in the …

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NOTEBOOK – ONE GOOD READ: U.S. sawmills unprepared for home building, remodeling boom

In July, the Business Record reported that 25% more building permits for single-family houses were issued during the first half of 2020 compared with the same period a year ago.

Nationally, the number of single-family building permits …

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NOTABLE TRANSACTIONS: Bankers group buys land in Urbandale for office building

The following real estate transactions in Polk and Dallas counties were recorded between July 27-31.

Iowa Bankers Insurance and Services Inc., based in Johnston, paid Mid-America Investment Co. $1.14 million for 6 acres at 8901 Northpark…
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PROJECT UPDATE: Midtown Redevelopment

Developer Joe Cordaro plans to build two four-story mixed-use buildings in the 1200 block of Eighth Street in West Des Moines. Each building, which would be located on the east side of the street, would …

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$6.7 million in improvements made this year at 801 Grand tower

Nearly $6.7 million in interior improvements have been made – or are being made – to downtown Des Moines’ tallest building, a review of commercial building permits issued in the first half of 2020 shows.…
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More than $30 million in new infrastructure needed in Des Moines’ Market District before redevelopment can begin

A conceptual drawing of an 11-block area of Des Moines’ Market District that is proposed to be redeveloped. Rendering by Design Workshop   A proposal to redevelop an aged industrial area east of the Des Moines…
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A look back to 1998: Renaming downtown building after civil rights activist Edna Griffin

The Edna Griffin Building, looking eastward on Locust Street. Photo by Joe Crimmings   For a recent cover story in the Business Record, Kathy Bolten told the story of the Edna Griffin Building named after Edna Mae Griffin, who…
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Local Realtors group donates $64,000 to local food pantries, service provider

The Des Moines Area Association of Realtors this month donated $64,000 to Central Iowa organizations that provide food and other services to people in need. “We decided as an association that Realtors have done well …

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Des Moines Cold Storage undergoing $12 million expansion

A company with deep roots in Des Moines is undergoing its second multimillion-dollar expansion within three years and is making plans for additional growth in the future.

A $12 million, 63,000-square-foot building is being added …

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NOTEBOOK: Nuggets about downtown Des Moines’ Financial Center

Last week, Des Moines architectural historian Jennifer James gave a presentation to a city board on the history of downtown Des Moines’ Financial Center. 

Lawmark Capital LLC, owner of the 25-story building that opened in …

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