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Real Estate and Development

31989

A look around Gray’s Station, the urban neighborhood under development on downtown Des Moines’ southern edge

Walk up six flights of stairs in the massive apartment building under construction just south of Martin Luther King Jr. Parkway and you’ll enter a common area with spectacular views of downtown Des Moines and …

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Des Moines council unanimously supports lowering property tax levy

Des Moines property owners will likely see a reduction in the city portion of their property tax bill after the City Council on Monday unanimously approved a resolution directing the city manager to prepare a …

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Will Iowa be able to provide workers to fill 1,000-plus jobs?

In a year or so, a massive fulfillment center is expected to open in Bondurant, adding more than 1,100 new jobs in Central Iowa. Another 200 to 400 warehouse and trucking jobs are expected to …

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Von Maur announces plans to open in vacant Younkers at Jordan Creek

Des Moines Register: Von Maur is planning on opening in the vacant anchor space left behind by Younkers at Jordan Creek Town Center, instead of following its initial plans of constructing a new two-story building on …

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Marshalltown Mall up for auction

The Marshalltown Mall is up for auction and the future for its tenants is uncertain, the Marshalltown Times-Republican reports. Commercial real estate company Ten-X Commercial in California listed the property with a starting bid of $900,000. …

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Des Moines schools, Drake to build 4,000-seat stadium

Des Moines Public Schools and Drake University plan to build a 4,000-seat, $19.5 million sports stadium next to Drake’s Shivers Basketball Practice Facility along Forest Avenue. 

The community stadium will be a venue for Des …

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Ribbon-cutting planned for Gray’s Station bridge

The Gray’s Station bridge lit up at night. The pedestrian bridge over the Raccoon River connects Gray’s Lake with the Gray’s Station development. Photo by Hubbell Realty Co.

A ribbon-cutting and grand opening of the pedestrian …

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Iowa Finance Authority agrees to sale price for its building

The Iowa Finance Authority board of directors last week approved the sale of its former office building at 2015 Grand Ave. Polk County assessor photo

The Iowa Finance Authority board of directors last week unanimously agreed …

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Mysterious Bondurant project has aggressive construction timetable

The massive project underway in Bondurant is on such an aggressive construction timetable that a building inspector will be stationed at the site daily between at least 6 a.m. and 8 p.m., according to city …

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Developer buys former west-side hospital; plans to add second floor for condos

Developer Jeff Young has purchased a former hospital and medical clinic at 1818 48th St. Photo courtesy of Polk County assessor

A vacant medical building on Des Moines’ west side has been sold to a developer …