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Real Estate and Development

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Apartment project proposed in Pleasant Hill for ‘extremely low-income’ adults

Greater Des Moines Supportive Housing, a nonprofit group that provides housing and services to people facing housing barriers, is proposing to build a four-story, 101-unit apartment building at 922 and 1000 N. Pleasant Hill Blvd.…
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Hurd sells property along Ingersoll Avenue to Minnesota developer

An Edina, Minn., residential development company has acquired properties in the 3100 block of Ingersoll Avenue and 600 block of 31st Street in Des Moines, where it plans to build a mixed-use project, Polk County …

1100 Locust St.

Des Moines City Council OKs development agreement with American Equity

American Equity Investment Life Insurance Co. plans to move into the Nationwide building at 1100 Locust St., in downtown Des Moines. The Des Moines City Council approved a development agreement with the company that will…
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Proposed redevelopment of city-owned land moves forward

The founder of a real estate, investment and construction company that buys homes for cash plans on consolidating his firm on property at 2707 Garden Road in Des Moines.

Mitch Coluzzi, who founded Sell Now …

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The changing role of community banks in commercial lending

Commercial real estate may not always be the most cost effective place for smaller community banks to invest, said Sean Willett, the new CEO of Lincoln Savings Bank.

Willett sat down for an interview with …

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New details, renderings released on Two Ruan Center conversion

Additional details and new renderings were released this week about the proposed conversion of Two Ruan Center from an office to multifamily building.

Last fall, Ruan Inc. announced it was forming a joint venture with …

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VIDEO: Project515 panelists discuss state of retail

The Business Record’s first Project515 panel discussion of the year, moderated by Senior Staff Writer Michael Crumb, will bring together experts for a conversation about the role the various shopping options in the metro play …

1100 Locust St.

American Equity plans move to Nationwide building downtown

American Equity Investment Life Insurance Co. plans to move into the Nationwide building at 1100 Locust St. in downtown Des Moines. The Des Moines City Council on Monday will consider an agreement that would provide…
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Get to know Ajay Kalra, the new managing director and market leader for CBRE’s West Des Moines office

Ajay Kalra is following in his parents’ footsteps as he embarks on his new role as managing director and market leader at CBRE. 

His mother is a realtor, and his father is a developer who …

Business appears to be slowing for Iowa’s architectural firms

Architectural firms in Iowa appear to have experienced a slight decline in business in the first part of 2024, the Iowa Chapter of the American Institute of Architect’s first-quarter market survey shows.


Nearly 60% of …