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Real Estate and Development

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IEDA approves $1 million in tax credits for Sherman project

Sherman Associates Inc.’s $23.4 million Nexus at Gray’s Landing apartments in River Point West has been approved for $1 million in state brownfield/grayfield tax credits. The project was among 18 in the state that were …

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CRE panel admires the handiwork

Knapp Properties Inc. President and CEO Gerry Neugent might be the inaugural CRE Professional of the Year award winner, but that doesn’t mean he can’t admire another developer’s handiwork.

 

Neugent has taken a keen liking …

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VIDEO: 2015 CRE Trends and Issues Forum

 

There is no doubt about it. The development of commercial projects is moving at full-throttle all over the metro. The Business Record held a panel conversation featuring local developers who provided updates, insights and …

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Downtown Hy-Vee project gets board approval, but leaves some members on edge

The city of Des Moines Urban Design Review Board approved plans for a Hy-Vee Inc. grocery store and 82-unit apartment complex today, but the 4-3 vote came at the end of a 90-minute meeting where …

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Development near ballpark close to completion

Rich Eychaner said he expects businesses to open in his 70,000-square-foot project on the corner of MLK Jr. Parkway and Southwest Third Street by the end of summer, KCCI reported. The $10 million project includes a 24-hour …

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Homebuilder and developer signs contract for more land in River Point West

  Click to see full downtown map

Rob Orton, the Urbandale-based homebuilder and developer who is attempting to buy nearly 70 acres in River Point West from a railroad company, has signed a contract to buy an …

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Council questions incentives for 7th & Grand ramp

 

The Des Moines City Council wants a price tag placed on blue sky above the Seventh and Grand parking ramp before the city issues a development agreement for the space.

 

Assistant City Manager …

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No need to ask twice

Business is so brisk these days at Hurd Real Estate Services that the company has hired a veteran of land development to handle deals 
it has in progress. But dealmaking is only part of the story …

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Commercial properties posted 6 percent gain in assessed value this year

Commercial property in Polk County showed a positive gain for the first time since 2007 when it was assessed in January.

The 76 types of commercial property on which the Polk County assessor keeps a …

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Housing starts up in March, permits down

Nationwide housing starts rose 2 percent to a seasonally adjusted annual rate of 926,000 units in March from an upwardly revised February reading, according to newly released data from the U.S. Commerce Department, the National …