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Real Estate and Development

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Des Moines council approves creating nonprofit corporation to oversee neighborhood revitalization

The Des Moines City Council on Monday unanimously approved the creation of Invest DSM, a nonprofit corporation that will oversee an expanded effort to revitalize neighborhoods.

The move is a departure from how Des Moines …

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More development activity proposed for northwest Des Moines: Developer wants to convert empty medical center into commercial, residential space

A developer has a contract to buy the former Northwest Community Hospital at 1818 48th St. from Hubbell Realty Co. He hopes to convert the structure into residential and commercial space. Photo courtesy of the Polk …

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Knapp on Drake project: ‘I’m so very optimistic about what’s going to happen here’

Drake University benefactor Bill Knapp sat among about 50 people today listening as Marty Martin, the university’s president, announced Drake’s partnership with a Cedar Falls firm to redevelop a two-block area east of campus.

“I …

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$63 million multiuse development planned adjacent to Drake University

Drake University is collaborating with a Cedar Falls firm to redevelop two city blocks into a residential and commercial district that will boost the neighborhood’s vibrancy and return a large parcel of land back to …

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NOTEBOOK – One Good Read: What can reverse the cost of homelessness? Stable housing, 5-year study shows

From 2013 to 2018, the financial cost associated with homelessness for eight people in Linn County — including legal costs, medical costs and transitional services — reached a combined $1.2 million when participants were without …

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Des Moines City Council today expected to vote on two development-related issues

A Des Moines developer is hopeful the City Council today will approve his request to rezone the site of a former west-side school and church into an event center and hotel. Jeff Young, who owns the former …

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Des Moines council expected to form nonprofit to oversee neighborhood improvement program

The Des Moines City Council on Monday is expected to vote on creating a nonprofit entity to oversee a stepped-up effort to revitalize neighborhoods, a departure from how similar programs have been run in the…
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Sammons Financial Group breaks ground for West Des Moines headquarters


Sammons Financial Group on Thursday celebrated the start of construction for its new West Des Moines headquarters, a $65 million project that will bring the company’s approximately 500 Central Iowa employees under one roof and …

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Developers reveal plans for former AIB campus

Two Central Iowa residents with experience in real estate redevelopment and finance are buying the former AIB College of Business campus overlooking downtown and plan to rehabilitate former student housing for apartments and resell the …

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Clive plans to build $15.25 million public safety building

The Clive City Council this month voted to buy the site of a former furniture store for $1.6 million from Knapp Properties, pending inspections and site surveys.

The city plans to build a 40,00-square-foot public …

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