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Real Estate and Development

foodhall

Food hall, apartment project planned along Sixth Avenue

The Urban Design Review Board this week approved the final design of a food hall and apartment project proposed at 1605-1619 Sixth Ave. in Des Moines. The $12.5 million project incudes the restoration of the…
By Kathy A. Bolten | Mar 5, 2025
Chase bank

Chase opens another metro branch as part of its Iowa expansion

Chase recently opened a new branch in Waukee as part of its commitment to expand across Iowa.

The branch opened on Feb. 25 at 350 S.E. Alice’s Road. It is the ninth Chase branch to …
By Business Record Staff | Mar 5, 2025
DMOS logo

DMOS plans sixth Des Moines-area clinic

DMOS Orthopaedic Centers plans to build a freestanding, 12,000-square-foot clinic in Norwalk at Iowa Highway 28 and Turnberry Drive. Construction is expected to be completed by spring 2026. The facility, DMOS’s sixth in the Des …
By Business Record Staff | Mar 5, 2025
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NOTABLE TRANSACTIONS: Texas entity acquires medical office property in Des Moines

A limited liability company based in Austin, Texas, has acquired medical office property at 1201 Pennsylvania Ave. in Des Moines, Polk County real estate records show.

MCP Stable 1201 Pennsylvania Avenue Des Moines LLC paid …
By Kathy A. Bolten | Mar 5, 2025
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Ankeny council approves data center development agreement

The Ankeny City Council voted Monday to approve a development agreement for the construction of a multi-tenant data center on the city’s southeast side in the area highlighted in yellow. Image provided by the city…
By Michael Crumb | Mar 4, 2025
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Ankeny council approves data center development agreement

The area highlighted by yellow is the location of a proposed data center on the far southeast side of Ankeny, just north of Interstate 80. The Ankeny City Council voted Monday to approve a development…
By Michael Crumb | Mar 3, 2025
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Community celebrates start of construction for 515 Walnut Tower

Local government and business leaders participated in a ceremonial groundbreaking today at the construction site of the 515 Tower Project. Photo by Michael Crumb.

Local city and business leaders gathered downtown today for the groundbreaking of …
By Michael Crumb | Feb 26, 2025
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NOTABLE TRANSACTIONS: Properties in Polk, Dallas counties change hands

Polk County

100th St. Property LLC, located in Clive, paid AM Anderson Properties LLC $2.9 million for property at 3000 100th St. in Urbandale, Polk County real estate records show. The 1.7-acre parcel includes a one-story, …
By Kathy A. Bolten | Feb 26, 2025
robert d ray

Small lot near City Hall remains available for development after talks with developer end

The site along Robert D. Ray Drive between East Grand Avenue and East Locust Street in downtown Des Moines remains available after the city and a developer for a proposed mixed-use development mutually agreed to…
By Michael Crumb | Feb 26, 2025
Klein Department Store

Developer lays out vision for former Klein Department Store in Highland Park

The redevelopment of the former Klein Department Store building in the Highland Park Neighborhood is expected to be complete by this summer as work continues to transform the 120-year old building into space for a …
By Michael Crumb | Feb 26, 2025