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Real Estate and Development

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Hurd adds to West Des Moines development area

Hurd Real Estate Services has added 25 acres to its Willow Creek Business Park near Veterans Parkway and Army Post Road and just north of Microsoft Corp.’s sprawling data center that is under construction in…
By BPC Staff | Dec 23, 2015
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Coldwell Banker plans to get up close and personal with future home buyers

Coldwell Banker Mid-America Group plans to open an office early next year in Des Moines’ East Village, a move it believes will put it in close contact with future home buyers, the millennials who make…
By KENT DARR | Dec 23, 2015
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Kirkwood Hotel sold, condo conversion underway

Real estate broker Tim Schutte has closed on the purchase of the residential units at downtown Des Moines’ historic Kirkwood Hotel, where he is converting apartment units to condominiums. His banker wanted to see some…
By BPC Staff | Dec 23, 2015
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Former Younkers building rehab will commence in March

Blackbird Investments LLC will continue the rehabilitation of the former Younkers building at 713 Walnut St. in March 2016, two years after the building was destroyed by fire. Now called the Wilkins Building, the property …
By BPC Staff | Dec 22, 2015
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Fridley Theatres plans Waukee project

Des Moines-based Fridley Theatres plans to build a 12-screen theater called The Palms in Waukee next year, The Des Moines Register reported. The movie theater company bought 15 acres on the northwest corner of Northeast Westgate Drive …
By BPC Staff | Dec 18, 2015
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Cownie outlines possible sources of YMCA pool money

Des Moines businessman Jim Cownie told the Prairie Meadows Racetrack and Casino board that backers of the Wellmark YMCA hope to raise $9 million in the next three months to build the long-planned swimming pool …
By BPC Staff | Dec 17, 2015
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Year-to-date house sales above last year’s numbers

House sales dropped statewide in November, but prices continued to rise over year-ago levels, the Iowa Association of Realtors said today. Sales dropped to 2,513 last month from 2,800 in November 2014, while the median …
By BPC Staff | Dec 16, 2015
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Slow November for architects could point to tight financing, weak construction labor supply

An index that measures activity at the nation’s architecture firms has been on a bit of roller coaster ride this year. In November, the index took a quick dip, falling to 49.3, meaning there was…
By BPC Staff | Dec 16, 2015
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OPN to open Iowa City office

  OPN Architects Inc. plans to open an office in Iowa City mid-2016, marking its second expansion in two years. OPN opened its first office in Marion in 1979. The architecture firm moved to Cedar…
By BPC Staff | Dec 16, 2015
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Ashworth Place, a spec office project, is leased up

Ashworth Place, 7545 Ashworth Road, West Des Moines  Photo from Cameron Campbell Integrated Studio

In commercial real estate circles a couple of years ago, the snickers were difficult to disguise when the discussion turned to …
By KENT DARR | Dec 16, 2015