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Real Estate and Development

801 Walnut St.

Sale of Wells Fargo’s downtown Des Moines properties may be nearing

Property owned by Wells Fargo at 801 Walnut St. in downtown Des Moines is one of five parcels for sale by the financial institution. The Des Moines City Council on Monday is expected to approve…
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West Des Moines approves Grand Experience development agreement

The West Des Moines City Council this week gave its nod to an agreement with the developer behind the $400 million multiuse Grand Experience, a project that city officials said will spur other development and …

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Hospitality group Full Court Press signs lease for former Peace Tree space

Des Moines-based hospitality group Full Court Press Inc. will take over the former Peace Tree Brewing Co. space on East Court Avenue, and according to documents obtained from the city of Des Moines, Fong’s Pizza …

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Hyper Energy Bar looks to continue expansion in 2025

The owner of Hyper Energy Bar said his goal is to build a generational company with a national footprint that will triple in size over the next year.

Hyper Energy Bar, the drive-thru energy drink …

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Huxley to offer business improvement grants

The city of Huxley has created a grant program to support new and expanding businesses in the community.

According to a news release, grants can be used for facade improvements, buying buildings or land, job …

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NOTABLE TRANSACTIONS: Omaha group buys 24 acres in Pleasant Hill for senior housing project

Immanuel Communities, an Omaha-based organization that operates retirement and senior care housing facilities in Nebraska and Iowa, has acquired nearly 24 acres of undeveloped land in Pleasant Hill, Polk County real estate transactions show.

Immanuel …

An exterior view of the Financial Center.

Financial Center renovation project receives state incentives

Landmark Capital, which owns the Financial Center at 606 Walnut St., plans to convert 15 floors of the office high-rise to over 200 residential units. The project has been awarded nearly $17 million for the…
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Ankeny airport looks at runway reconstruction, expansion as part of capital improvement plan

The Ankeny Regional Airport could extend its primary runway, allowing for larger aircraft to fly in and out of the general aviation airport, according to a capital improvement plan the airport’s governing body will consider …

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West Des Moines City Council to consider development agreement for Grand Experience

The West Des Moines City Council could consider an agreement that would lead to the development of the Grand Experience, a more than $400 million multiuse development along Grand Avenue west of Interstate 35, when …

CBRE Senior Vice President Cy Fox

Fox named executive VP at CBRE’s Des Moines office

Cy Fox has been promoted to executive vice president of CBRE’s Des Moines office, the brokerage firm announced this week.

According to a news release, Fox specializes in the acquisition, disposition and repositioning of multifamily …