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Real Estate and Development

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Hy-Vee pulls back on Austin distribution center

Hy-Vee Inc. said today it is delaying its timeline on the potential construction of a new distribution center in Austin, Minn., as it adjusts to changing market demands. “Over the next several years, we will …

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Des Moines prepares to approve deal for future Kemin expansion

Less than two months after celebrating the grand opening of its new worldwide headquarters, Kemin Industries Inc. is preparing for future expansion, with plans to buy nearly 23.6 acres of land north and east of …

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Airbnb visitors have generated $3 million in ‘host’ income this year

Airbnb, the service that links travelers to homeowners and others who turn their properties into temporary guest quarters, generated $3 million in “host income” this year in Iowa, according to a news release. Des Moines …

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Indianapolis developer plans 500 apartments in two D.M. projects mixing market-rate, affordable units

TWG Development LLC, the Indianapolis company that is converting the former Register and Tribune Building into commercial space and 160 apartments, plans to bring nearly 500 additional multifamily units to the Des Moines market in…
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Downtown Marriott sold to Chicago company

The Des Moines Marriott Downtown Hotel, informally known as the “Ruan hotel” leading up to its completion in 1981, will be sold to Chicago-based Singerman Real Estate LLC.


The board of directors of City Center…
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Home sales dropped in November but beat year-ago figure

Greater Des Moines home sales dropped in November from October but remained above levels for the same time last year. The Des Moines Area Association of Realtors said today that 1,039 homes sold last month, …

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Clive plans $40 million in infrastructure improvements

The Clive City Council last week approved a five-year capital improvements plan that includes spending on public safety facilities and a substantial increase in investment in park development associated with the recently adopted Greenbelt Master …

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Cedar Rapids approves 4-inch topsoil rule

The city of Cedar Rapids this week passed an ordinance requiring developers to leave 4 inches of topsoil on lots after construction, the Iowa Chapter of Sierra Club reported. The law allows 3 inches of topsoil, counting …

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Iowa Finance Authority approves grants for housing agencies

The Iowa Finance Authority board has approved more than $6.2 million in grants to 25 housing organizations. The funding is provided from the State Housing Trust Fund’s Local Housing Trust Fund program. Grants will be …

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NOTEBOOK: In search of a ‘vision’ for the Val Air

The Val Air Ballroom, standing on the foundation of a rubber factory and serving up the changing sounds of American music to a local audience since the late 1930s, is for sale.


Whether the structure…