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Real Estate and Development

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Details announced for Microsoft data center in West Des Moines; will be largest in the country

Microsoft Corp. will receive nearly $5 million in tax refunds for the first phase of a regional data center in West Des Moines, where city officials say the project will open up 5,000 acres to…
By KENT DARR | Jul 22, 2016
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RDG announces eight partners, senior partners

Patricia Boddy and Mike Chambers were named senior partners at RDG Planning and Design’s stockholders meeting. Both are engineers at the firm. Named partner were architects Nate Gieselman, Naura Godar and Michelle Sacco; landscape architects …
By BPC Staff | Jul 22, 2016
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House sales and prices increased in June across the state

June house sales increased 3.8 percent from a year ago and prices were up 2 percent, the Iowa Association of Realtors said. The median sales price rose to $156,000 from $153,000 in June 2015, according …
By BPC Staff | Jul 22, 2016
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A Closer Look: Matt Brown

Matt Brown has been involved in two of the largest construction projects in Greater Des Moines, the Wells Fargo & Co. campus on Jordan Creek Parkway in West Des Moines and the Wellmark Inc. campus …
By KENT DARR | Jul 22, 2016
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Take a look around Hotel Renovo

Mike Whalen is a serious guy who likes to have a good time. As the founder of commercial real estate development company Heart of America Group, he’s business serious with a playtime sense of wonder.…
By KENT DARR | Jul 22, 2016
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Architecture billings index less robust in June

The American Institute of Architects’ Architecture Billings Index was positive in June for the fifth consecutive month. The ABI reflects the approximate nine- to 12-month lead time between architecture billings and construction spending. The June…
By BPC Staff | Jul 20, 2016
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GSA taking suggestions for courthouse site

The U.S. General Services Administration is asking for ideas for the location of a new federal courthouse in Des Moines, according to a news release. The GSA said earlier this year that it plans to…
By BPC Staff | Jul 20, 2016
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Iowa among top 10 states in office construction last year

Iowa ranked fourth nationally in the value of new office buildings that were constructed last year and 10th in the total value of office, retail, warehouse and industrial properties, according to a report from NAIOP,…
By BPC Staff | Jul 20, 2016
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Perry officials plan tax abatement program to revitalize dormant single-family market

City officials in Perry hope a new residential tax abatement program will resuscitate demand for new homes.   The program offers a 100 percent abatement of property taxes for five years, then hits a sliding…
By KENT DARR | Jul 20, 2016
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Hawkeye buys downtown St. Louis hotel

St. Louis Post-Dispatch: Hawkeye Hotels of Burlington has purchased a nine-story, 91-room hotel in downtown St. Louis and said today that it will refurbish and rebrand it. The hotel, the Omni Majestic, opened in 1913 and …
By BPC Staff | Jul 19, 2016