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Real Estate and Development

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High-profile properties on the move

Bell Avenue Business Center sold Jan. 15 to a family-owned real estate development and management company.

That might not be big news to some, but it marks another turning point in a property that was …

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Feb. 20: The Future of Retail

Host: Urbandale Chamber of Commerce
About: Urbandale Chamber members and nonmembers are invited to hear speaker Liz Holland, the CEO and general counsel of Abbell Associates, which operates Merle Hay Mall. Holland is responsible for …

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Charlson named CFO at Neumann Brothers

General contracting firm Neumann Brothers Inc.has hired Jeff Charlson as its chief financial officer, the company announced today in a release. Charlson, a certified public accountant, has over 20 years in the Des Moines area …

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Ames adds $143 million in valuation

Ames added $143 million in new taxable property valuation in 2018, the city reported. The new construction included 96 new single-family homes and 13 new multifamily buildings.The city of Ames and the Ames Economic Development …

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West Des Moines property valuation up $532.8 million in ’18

West Des Moines added $532.8 million in property valuation in 2018, up from $318 million the year before. The 2018 valuation gain was the second-highest since 1993 and included 1,153 permits, the city reported. The …

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Takeaways from the IREM market forecast

Stability. Amenitization. Millennials.

These words cropped up more than a few times during Tuesday’s Annual IREM/CCIM Market Forecast at Des Moines Golf & Country Club. 

Panelists included: Kate Byus, vice president, brokerage, with JLL; Ryan Jensen, …

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PDM Precast plans expansion in S.E. Agrimergent Business Park

Adam Petersen, one-half of a pioneering team of brothers-in-law that ventured into Des Moines’ Market District to build a three-story office building a few years back, is again venturing where few have gone in recent …

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Des Moines Council approves development deal for Drake-area hotel

Nelson Construction & Development will receive an estimated $3.1 million in tax increment finance revenues over 15 years from a hotel project that was triggered by Drake University’s desire to foster economic development near its …

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Des Moines considers another development deal to boost Merle Hay Mall

The owners of Merle Hay Mall would receive up to $400,000 a year in additional tax increment finance revenues under a revision to an 11-year-old development agreement that has led to multiple changes at the …

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All the pieces, all in place

A bridge is being built, plans to convert an eyesore of a stormwater basin to a conservation area are in place, rejiggering of an old loan has been approved, the promise of construction is in …

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