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Real Estate and Development

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Property management dispute lands in federal court

Westlake Investments, the recipient of what was believed to be a record-setting state court award last year in a construction defect lawsuit, is in federal court today after accusing a former employee of gaining unauthorized …

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Commerce park could take off with airport expansion plans

The first development project in eight years is set for Knapp Properties Inc.’s Airport Commerce Park South with plans for a Homewood Suites hotel near 7201 S.W. 22nd St. Knapp President and CEO Gerry Neugent …

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Urbandale goes online to help ‘grow your business’

Venture over to the city of Urbandale’s website and you’ll find a new icon, Grow Your Business, that provides links to development resources from the city’s departments of economic development, community development and public works/engineering. …

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Real or imagined, threat of high water thwarts Des Moines ag park development

Fear of flooding might be greater than the real threat of high water in the city of Des Moines’ Southeast Agrimergent Technology Park, but that hasn’t stopped businessman Britt Baker from exercising an abundance of …

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$40M apartment project planned for downtown

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Minnesota-based Roers Investments is planning a $40 million, four-story, 211-market-rate-apartment project on a square city block in downtown Des Moines.

 

The location for the project, …

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Minneapolis firm finds a lot to like in Des Moines

Here’s a helpful bit of information for real estate investors with an interest in the Des Moines multifamily market: Developments that offer no amenities have waiting lists of 100 people or more.

 

Kent Roers, …

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Development deal near for Des Moines ag park

The city of Des Moines could turn over the title to nearly 42 acres of property that has defied development efforts, as part of an incentive package for the expansion of Electrical Power Products (EP2).…

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Development package offered to keep Marel operation in Des Moines

The Des Moines City Council tonight will consider a forgivable loan and tax increment financing package as part of an agreement that would keep some operations of Marel Meat Processing Inc. in Des Moines.

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32-story residential tower, movie theater proposed for downtown Des Moines

Justin Mandelbaum, whose novel idea for a self-contained artists’ community is taking shape along the north gateway to downtown Des Moines, is trying again to bring a movie theater to the Court Avenue district, this …

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June home sales down from May, up from a year ago

Greater Des Moines home sales advanced 16 percent in June over the same time last  year, the Des Moines Area Association of Realtors said today. After being on the market an average of 66 days, …