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Real Estate and Development

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KENT DARR: It’s been a joy

I’ve set a few goals for my last week at the Business Record. Walk out the door without eating the last strawberry Pop Tart in the vending machine, make a clean sweep of the clutter …

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Sale of D.M. parking garage receives final approval

The Des Moines City Council this week gave its final approval this week to sell the city’s 843-space parking garage at 750 Mulberry St. to EMC Insurance Cos. for $14.9 million. All of the paperwork associated with …

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Iowa’s average cash farmland rent declines to 2017 levels

Corridor Business Journal: Cash rental rates for Iowa farmland declined 1.4% to a statewide average of $219 per acre, according to the new ISU Extension and Outreach Cash Rental Rates for Iowa 2019 survey. The …

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GSA releases renderings of federal courthouse

A rendering of the proposed federal courthouse shows the five-story building that is planned for 101 Locust St. This view is looking west from Locust Street and the Des Moines River. Provided by U.S. General …

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New restaurant/bar planned for Uptown Ankeny

Pig n’ Pedal at  710 S.W. Third St. in Ankeny is expected to open by Aug. 1. The restaurant and bar, highlighted in the yellow box, is near the popular High Trestle Trail trailhead and…
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Lake Panorama Realty has new ownership

Lake Panorama Realty, a Guthrie County fixture for more than 40 years, has been sold to Bob Nevitt, broker/owner of Nevitt Real Estate, according to a release. Lake Panorama Realty has been owned since 1998 …

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A positive report from architects, but for how long?

Billings to architecture firms returned to growth territory in April after falling in March, the American Institute of Architects said in a release. The AIA Billing Index for Iowa registered 50.5 last month, up from …

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Statewide home sales down in April, but prices rise

Iowa home sales slumped in April from a year ago, but prices increased 4.5%, the Iowa Association of Realtors said. Sales dropped 6.5% over the period to 3,192, with single-family properties declining 8.5%, offset by …

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Another look in the rearview mirror

We’re a month away from marking the longest period of expansion after an economic calamity, in this case the Great Recession that stretched from December 2007 to June 2009. We still look over our shoulders, …

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Local government officials continue to have concerns about property tax bills

Local government officials are miffed at Iowa lawmakers over passage of a bill that adds steps to the budget-setting process and in some instances requires a supermajority of elected officials to approve proposed property tax …