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Real Estate and Development

Project515 recap web

What you need to know from the Project 515 on office space

The flight to quality is continuing in the Central Iowa office market with more tenants willing to sign long-term leases, and while activity is strong, new construction continues to lag, panelists said during the Business …

Financial Center 8 25

Financial Center apartments will have ‘unique’ amenities including golf simulator, rooftop garden, pool, fire pits

Over 2,100 new apartment units are expected to be added to Des Moines’ downtown area during the next two or so years with most planned in newly constructed buildings.

Some of the new units, though, …

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Decline in architectural billings index shows challenges continue in July

Architectural firm billings continued to decline in July as firms struggled to convert inquiries into projects, according to the AIA/Deltek Architecture Billings Index, which weakened with a lower score from the previous month.

According to …

The Franklin Apartments Ankeny 8 25 2025

NOTABLE TRANSACTIONS: Artisan Capital Group buys Ankeny apartments for $11.9 million

The Artisan Capital Group, in a partnership with Schwartz Capital Group, has acquired Campus Town, a 97-unit apartment development in Ankeny, paying $11.96 million for the property, Polk County real estate records show.

Artisan acquired the property …

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NOTABLE TRANSACTIONS: Roundup of $1 million-plus real estate transactions in metro area

3323 Ingersoll LLC, an entity based in Ames, paid AHC Woodland LLC $1.7 million for property at 3323 Ingersoll Ave. in Des Moines, Polk County real estate records show. The property includes a 14,640-square-foot brick apartment …

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Patrick joins MMG Real Estate Advisors

Shana Patrick has been named managing director at MMG Real Estate Advisors where she will oversee multifamily brokerage advisory services across Iowa and Nebraska for the national firm.

According to a news release, Patrick has 18 …

1435 mulberry

Building permit issued for 202-unit apartment in downtown

A building permit has been issued for the Falcon, a seven-story, 202-unit apartment project planned at 1435 Mulberry St. in Des Moines, a review of permit activity by the Business Record shows.

The apartment project …

St. Petersburg Fla Melting Pot interior

Dipping into Des Moines: The Melting Pot eyes expansion to Iowa

The Melting Pot Restaurant Inc., a Florida-based fondue restaurant, is exploring space in the Des Moines metro as it looks to expand to Iowa.

The company, which turned 50 in April, is the only fondue …

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WDM council approves new Urban Renewal Plans for Grand Experience

This image shows the latest concept for the Grand Experience development along Grand Avenue west of Interstate 35 in West Des Moines. The West Des Moines City Council this week voted to terminate previous Urban…
Zora building

Elwell Company buys former Zora property, insisting “we will not be a bar”

The former Zora building at 2120 Ingersoll Ave. has been purchased by the Denny Elwell Company. Its president and CEO said the company will entertain a restaurant or professional office space as part of its…