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Real Estate and Development

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Construction spending hit a six-year high in 2014

Construction spending rose in December to a six-year high of $982 billion as public construction for the year increased for the first time since 2009, according to the Associated General Contractors of America. Association officials …

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House prices rose nearly 2 percent last year in Greater Des Moines

Greater Des Moines home prices increased by nearly 2 percent in December compared with December 2013, real estate analytics firm CoreLogic Inc. said. On a month-over-month basis, home prices, including distressed sales, decreased by 0.6 …

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Cedar Rapids makes list of 10 ‘best affordable’ places to live

Livability.com used government data and its own rating system to come up with a best places to live list that takes into account whether those places also are affordable, offering low-price eggs, pizzas and haircuts, …

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Judge approves Dahl’s sale

U.S. Bankruptcy Court Judge Anita Shodeen on Friday approved the sale of Dahl’s Foods Inc. to three companies, including Associated Wholesale Grocers Inc. of Kansas, which will take over seven of Dahl’s 10 stores, The Des …

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Des Moines projects would take majority of state housing tax credits

After supporting $1 million in state tax credits for the renovation of the former Register and Tribune building earlier this month, the Des Moines City Council was set today to consider applications for another $10.8 …

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70-acre development could ‘change the scenery’ in downtown Des Moines

  Rob Orton, who founded what has become one of Greater Des Moines’ largest home building companies in 2010, has a contract to buy 70 acres of land that sprawls across the the southern reaches…
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Hotel Fort Des Moines sold for $4 million

Janssen Lodging Inc., a corporation formed Jan. 22 by hotel developer and startup investor Ravi Patel, paid $4 million on Jan. 23 for the Hotel Fort Des Moines at 10th and Walnut streets. The 96-year-old …

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Hotel Fort Des Moines sold for $4 million

Janssen Lodging Inc., a corporation formed Jan. 22 by hotel developer and startup investor Ravi Patel, paid $4 million on Jan. 23 for the Hotel Fort Des Moines at 10th and Walnut streets. The 96-year-old …

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Sales of new houses increased nearly 12 percent last month

Sales of new single-family houses rose 11.6 percent in December to a seasonally adjusted annual rate of 481,000 units, the National Association of Home Builders said after a report from the U.S. Department of Housing …

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Colby Interests has plans for Apple Valley

 

Colby Interests will demolish its Apple Valley shopping center in Windsor Heights to make way for a phased retail development called Midtown Center that could add $10 million in taxable value once the new …