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Real Estate and Development

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Des Moines fast-tracking its move of public works out of Market District

Des Moines city officials are fast-tracking moving the city’s public works facilities out of the Market District, an area that is drawing increased interest in redevelopment.

The public works facilities are spread over about six…
By KATHY A. BOLTEN | Feb 12, 2020
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Proposed hotel-casino project at Des Moines airport ‘is dead’

A proposal to build a hotel-casino entertainment complex at the Des Moines International Airport is likely dead after its governing body today decided not to direct the airport manager to begin discussions with the developer on a…
By KATHY A. BOLTEN | Feb 11, 2020
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Des Moines City Council set to backtrack on how much it will lower property tax rate

Nearly three months ago, Des Moines City Council members loudly touted that they would reduce the city portion of property owners’ tax bill by 40 cents.

The decrease, originally proposed by Mayor Frank Cownie, was to be…
By KATHY A. BOLTEN | Feb 10, 2020
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‘They could just find a different place to put’ proposed homeless shelter

Hope Ministries has made an offer to purchase the former Douglas Elementary School at 3800 E. Douglas Ave. The nonprofit is proposing to raze the 1908 building on the site and build a two-story facility …
By KATHY A. BOLTEN | Feb 7, 2020
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Commission to discuss rezoning site to allow homeless shelter on Des Moines’ east side

Des Moines’ city staff is recommending the Plan and Zoning Commission approve a request to rezone land in the northeast part of the city to allow a shelter for homeless women and children to open…
By KATHY A. BOLTEN | Feb 6, 2020
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Texas entity pays $60.8 million for site of Amazon fulfillment center

Construction is underway of the fulfillment center in Bondurant. Photo by Duane Tinkey

Amazon.com’s announcement Thursday that it will open a fulfillment center in Bondurant comes 15 days after a Texas-based entity paid $60.8 million for…
By KATHY A. BOLTEN | Feb 6, 2020
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DMU campus opens up prime real estate in central Des Moines

The departure in three years of Des Moines University from its 24-acre campus along Grand Avenue will create a wide range of opportunities for the redevelopment of prime real estate located in central Des Moines, …
By KATHY A. BOLTEN | Feb 5, 2020
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Transloading facility’s footprint expands into park area planned for Market District

An architectural rendering of the transload facility planned at 200 S.E. 15th St. The rendering of the building is cut in half because the facility will be the length of two football fields. Rendering by VAA …
By KATHY A. BOLTEN | Feb 5, 2020
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NOTABLE TRANSACTIONS

Waukee Crossing LLC paid Philip Broderick and Charlotte Broderick $1.8 million on Jan. 20 for about 10 acres at Hickman Road and Warrior Lane in Waukee, Dallas County real estate transactions show. The five lots included…
By BPC Staff | Feb 5, 2020
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PROJECT UPDATE: EAST VILLAGE PARKING GARAGE

Rendering of the parking garage at 555 E. Fourth St. in the East Village. Architectural rendering by Hartman|Trapp Architecture Studio

WHAT: Public/private parking garage 
WHERE: 555 E. Fourth St.

BACKGROUND AND UPDATE: Construction of a public-private parking garage in …
By BPC Staff | Feb 5, 2020