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Real Estate and Development

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Steak N Shake browsing the Greater Des Moines market

KW Commercial broker Jared Husmann is helping a Steak N Shake franchise operator find land for the dine-in or drive-and-dine restaurant in Greater Des Moines. The popular restaurant currently operates in Coralville and Davenport, but …

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Real estate ‘for sale’ sign is getting a digital makeover

Fast Company: The real estate unicorn Compass, worth $2.2 billion, wants to connect front-lawn signage to the digital world. The final prototype, in the shape of a magnifying glass, stands tall in a company conference …

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Veridian starts work on Waukee branch

Veridian Credit Union has started construction of a new branch that is scheduled to open in spring 2019 at 655 E. Hickman Road. The new branch will employ nine people in nearly 4,000 square feet …

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A measure of future construction remains positive after slower growth in June

Billings to architecture firms slowed in June but remained positive for the ninth consecutive month, the American Institute of Architects said. The organization’s billings index, which is an indicator of future construction activity, was 51.3 …

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LCS acquires New Jersey retirement community

Des Moines-based LCS has acquired Arbor Glen, a life plan community, formerly referred to as a continuing care retirement community, in Bridgewater, N.J., according to a release. At the time of closing, the community’s name …

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Waukee one of the 10 fastest-growing suburbs in the U.S.

Waukee came in at No. 9 on a list of the country’s 10 fastest-growing suburbs compiled by real estate website Realtor.com. The city made the list based on its construction boom, home appreciation and population growth, …

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Hubbell plans age-restricted, affordable apartments at Melbourne

Hubbell Realty Co. will begin construction in September on the final phase of Melbourne Apartments, adding two age-restricted buildings that will be a new concept for the affordable housing community, according to a release. The …

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Christensen considering single-family market in downtown Des Moines

The Des Moines Zoning Board of Adjustment will consider exceptions and variances to zoning codes when it meets July 25 that could clear the way for developer Jake Christensen to construct six single-family homes at …

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Development grants awarded in Clarke County

The Clarke County Development Corp. has awarded $480,000 in grants to community organizations, based in large part on revenues from Lakeside Casino in Osceola. Among the grants were $25,000 to Clarke County for for improvements …

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Indianola modifies tax abatement program

The Indianola City Council recently upgraded its residential tax abatement program to a sliding scale from 100 percent of the value added by new construction to 20 percent over five years. The old program offered …