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Real Estate and Development

4001 Ingersoll Site

Oak Park is branching out with Canopy

By Michael Morain | editor, dsm magazine

The owner of the restaurant Oak Park is planning a spinoff market and cafe just a block west on Ingersoll Avenue.

The project, called Canopy, a riff on …

Furniture Mart Ames

Furniture Mart/Ashley furniture store planned for Ames

A new furniture store is expected to open in Ames this fall, filling a gap in the market that has existed for more than a decade.

A Furniture Mart/Ashley furniture store is under construction between …

Lancaster apartments wdsm

WDM council approves site plan for The Lancaster multifamily development

Renderings show the proposed Lancaster multifamily development on 88th Street in West Des Moines. The West Des Moines City Council approved the site plan and preliminary plat on July 7 for the 172-unit development that…
sold

NOTABLE TRANSACTIONS: Office/warehouse property in West Des Moines sold for $1.45 million

Dynamic Machining & Manufacturing LLC, located in Waukee, paid Compass Group USA Inc. $1.45 million for property at 519 S. 18th St. in West Des Moines, Polk County real estate records show. The 1.8-acre parcel includes …

peoples

Peoples Co. launches farmland succession campaign

Peoples Co., an agricultural land services firm based in Clive, has announced a national awareness campaign to address the impending transfer of over 370 million acres, approximately 40% of U.S. farmland, expected by 2045. The …

Argonne Armory aerial

City of Des Moines opens RFP process for historic Argonne Armory Building

The city of Des Moines is now accepting proposals for the renovation and reuse of the historic Argonne Armory building, located at 602 Robert D. Ray Drive. The city said it would issue the RFP …

GettyImages 981339754

Construction material prices up 2.5% year over year

An Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data shows that construction input prices increased 0.2% in June compared to the previous month and are 2.1% higher overall …

Hobby Lobby

NOTABLE TRANSACTIONS: Property sold in Ankeny that includes Hobby Lobby retail store

ExchangeRight Net Leased All Cash 15 DST, located in Johnston, paid Parlay Ankeny LLC $9.78 million for property at 5075 S.E. Delaware Ave. in Ankeny, Polk County real estate records show. The 6.4-acre parcel includes …

Deere altoona warehouse

Deere leases Altoona warehouse to support Ankeny facility

Farm equipment manufacturer Deere & Co., has leased a 300,000-square-foot warehouse in Altoona to support its John Deere Works facility in Ankeny.

The warehouse, known as the I-80 Business Center, is at 555 Ninth St. …

Drake mixed use project

Drake mixed-use project moving forward without Toppling Goliath

A building permit has been issued for a long-awaited mixed-use project in the neighborhood adjacent to Drake University, a review of Des Moines permits shows.

However, the project that will include 116 apartments and office …