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Real Estate and Development

live work building NDC

Construction set to start on building with live-work space in Drake neighborhood

Construction is expected to begin next month on a new live-work style building where a Kum & Go store once stood on University Avenue in the Drake neighborhood.

Neighborhood Development Corp. purchased the site, at …

122 5th Street WDM

New restaurant/bar concept planned for former Longest Yard site in Valley Junction

A new building is planned for the site where the Longest Yard once stood in West Des Moines’ Valley Junction. Restaurant developer Tom Baldwin says he’s excited about the opportunity to bring something that will…
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NOTABLE TRANSACTIONS: Italian firm buys land in Perry for production facility

ADR Axles USA Inc., located in Uboldo, Italy, paid Perry Economic Development Inc. $504,450 for over 10 acres of undeveloped land in the Perry Industrial Park along L Avenue south of Highway 141, Dallas County real estate records …

New ClaimDoc property

ClaimDOC acquires adjacent property

ClaimDOC relocated from downtown to West Des Moines in mid-2021 because there wasn’t enough space for its growing workforce.

Four years later, the company is nearly out of space again.

In early May, ClaimDOC acquired …

Merchants Bonding Co rendering

Merchants Bonding Co. announces expansion, addition of jobs at West Des Moines HQ

Merchants Bonding Co. will expand its national headquarters in West Des Moines and add 35 jobs over the next three years. The 34,000-square-foot addition to its home office at 6700 Westown Parkway represents a $25…
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NOTABLE TRANSACTIONS: Katecho acquires undeveloped parcels in southside business park

Katecho Real Estate LLC, located in Des Moines, paid Airport Development LC, managed by Knapp Properties, just over $3 million for nearly 20 acres near Southwest 28th Street and Army Post Road, Polk County real …

jll

JLL announces addition to Omaha team

JLL has expanded its team with five brokers based in Omaha, the brokerage firm announced this week.

The move strengthens JLL’s position in the Midwest and helps serve clients across different real estate sectors, officials …

courthouse annex parking graphic

City Council gives nod to proposed parking garage for federal courthouse annex renovation

The Des Moines City Council has approved a development agreement with Riverview Parking LLC to build a more than 345-stall parking garage to accommodate the renovation of the former federal courthouse annex building at 110 …

carpenter social2

Awards recognize historic preservation work in the metro

The Des Moines Heritage Trust last week recognized those who have been involved in preserving pieces of the community’s history during its inaugural historic preservation awards dinner.

The awards, which were announced in April, were presented during the May …

Kinzler Corporation logo

Kinzler Corp. to acquire Banker Insulation

Kinzler Corp., an employee-owned group of construction services companies, announced that it has entered into an agreement to acquire Banker Insulation, an insulation contractor based in Chandler, Ariz., with nine locations across Arizona and New …