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Real Estate and Development

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Southwest First bridge to close for repairs

The Southwest First Street trail bridge over the Raccoon River will be closed for repairs starting April 15, with Meredith Trail across the bridge expected to reopen in December and construction wrapping up next summer, …

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Hubbell for-sale projects growing downtown

From northeast to southwest, Hubbell Realty Co. is planning construction of for-sale townhomes and condominiums in downtown Des Moines, with the projects launching at a time when sales of both residential products are lagging behind …

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Barilla completes expansion of Ames pasta plant

Italian-based Barilla Group has completed the $65 million expansion of its Ames pasta plant, a project that will add 41 employees over the next two years to its current workforce of 214, according to a…
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Asian Garden improvement project receives state grant

A $702,500 effort to improve the Robert D. Ray Asian Garden along the Des Moines River in downtown Des Moines will receive a $92,500 grant from the state’s Community Attraction and Tourism fund. The grant…
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Officially, April is the month to focus on architecture

April is Iowa Architecture Month, and the American Institute of Architects Iowa chapter has planned several architectural workshops, tours, films and lecture series and will continue the AIA Iowa People’s Choice Award. In addition, AIA …

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R&R opens third, and largest, Grimes warehouse; a fourth is planned

R&R Realty Group has completed its third warehouse in Grimes. The 300,000-square-foot, spec-built structure is the largest of the three warehouses at R&R’s Prairie Business Park, which boasts a total of 800,000 square feet of …

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Multifamily sales volume held steady in 1st quarter, while value dropped from 2018

The first quarter of multifamily sales in a 35-mile reach of Des Moines looked much the same as the final quarter of 2018, with the big exception of values, according to a report from Jared …

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Iowa legislators earmark $1 million for study of what to do with State Historical Building

Cedar Rapids Gazette: The Iowa House earmarked $1 million for a State Historical Building Task Force to look at alternatives to spending as much as $50 million to repair the State Historical Building. The task force …

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VIDEO: What are the residential trends to watch in 2019

It’s become a season here at the Business Record: The commercial real estate roundtable. Five discussions each focused on a specific sector of the market. We’ll be featuring the conversations and our key takeaways in …

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VIDEO: What are the industrial trends to watch in 2019

It’s become a season here at the Business Record: The commercial real estate roundtable. Five discussions each focused on a specific sector of the market. We’ll be featuring the conversations and our key takeaways in …