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Real Estate and Development

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CRE Update: Homebuilders voice concerns with latest zoning code draft

Homebuilder Ted Grob had a vision for a 4-acre tract along East 46th Street south of Hubbell Avenue in Des Moines: Develop the agricultural land into lots for single-family houses that would sell for under …

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Local investment firm buys Normandy Plaza

The real estate management arm of Bernau Capital, a West Des Moines investment firm, has bought the Normandy Plaza strip shopping center at 1960 Grand Ave. in West Des Moines for $5.6 million, documents filed …

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Iowa State launches real estate development master’s program


Iowa State University in August is launching a new Master of Real Estate Development degree program aimed at people currently working in the profession.

The 21-month, 33-credit-hour program is mostly online. However, three courses are …

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NOTEBOOK – One Good Read: A growing national trend: Pocket neighborhoods

The availability of affordable housing for a range of age groups is a concern that has sparked discussion in many communities across the country, including the Greater Des Moines area. In the state of Washington, …

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Iowa City’s council gives final OK on zoning change for $200 million project

Construction at a 73-acre site in Iowa City is expected to begin in early 2020 after the City Council this week approved the final reading of an ordinance to change the zoning. The Iowa City …

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City official: Can D.M. require minimum house sizes and provide affordable housing?

Des Moines-area builders and developers are likely asking the same question Des Moines City Councilwoman Linda Westergaard raised at today’s workshop where data from a new housing study was presented.

“How can we possibly do …

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The Foundry grand opening set for Saturday

The Foundry at Valley Junction, an 1890s rail car barn and iron foundry, is celebrating the completion of the building’s restoration and its 120th birthday with an open house from 11 a.m. to 9 p.m. …

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California firm buys West Des Moines shopping center for $51.2M

Whole Foods Grocery is one of the tenants for the Water Tower Shopping Center that was sold in May to a California real estate management firm. Photo by Polk County assessor

The West Des Moines shopping…
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Public meetings on Des Moines’ new zoning code begin today

The city of Des Moines is holding several public meetings on its proposed new zoning code, released in May. The city’s current code has been in place since 1965 and has been updated more than 300 times. The …

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Des Moines official: Can Des Moines require minimum house sizes and provide affordable housing?

Des Moines-area builders and developers are likely asking the same question Des Moines City Councilwoman Linda Westergaard raised at today’s workshop where data from a new housing study was presented.

“How can we possibly do …