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Real Estate and Development

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Second chance for a riverfront hotel


Hawkeye Hotels Inc. has picked up where a Michigan-based developer left off and plans to construct a 128-room Hampton Inn and Suites by Hilton on the west bank of the Des Moines River.

Operating as …

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Hy-Vee to construct C-store, then supermarket, in Waukee


Hy-Vee Inc. is poised to break ground on its first phase of development at the Crossing at Alice’s Road in Waukee.

Beginning this spring, the grocery store chain plans to construct a 4,360-square-foot Hy-Vee Gas …

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Ankeny approves Staples site plan


Staples Inc. will construct an 18,000-square-foot store at 2407 S.E. Delaware Ave. in Ankeny.

On Feb. 8, the city’s Plan & Zoning Commission approved a site plan for the Framingham, Mass.-based retailer to build northwest …

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Make way for better buildings


At the Business Record’s annual Economic Forecast, Hubbell Realty Co. CEO Rick Tollakson discussed the 25 percent vacancy rate in Greater Des Moines’ competitive office market. The new headquarters buildings recently constructed include “shadow space” …

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Fewer owners fall behind on home loans

Fewer U.S. homeowners are falling behind on their mortgage payments, according to new data from the Mortgage Bankers Association.

CNNMoney.com reported that mortgage delinquency rates among U.S. homeowners fell to 13.56 percent at the end …

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Kimberley recognized by Iowa Home Builders Association

Kimberley Development Corp. and its president, Bill Kimberley, have received the Member of the Year Award and Builder of the Year Award, respectively, from the Home Builders Association of Greater Des Moines. The awards, which …

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Leadership Institute to remodel school auditorium

The 2011 class of the Greater Des Moines Leadership Institute has announced Project Encore, an all-volunteer effort to renovate the Amos Hiatt Middle School auditorium. Constructed in 1924, the auditorium has become dilapidated and is …

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Rehabbers Club to launch home remodel series

The Des Moines Rehabbers Club is launching “Renovation Boot Camp,” an eight-session seminar series designed to give homeowners the advice, encouragement and resources they need to successfully complete a home makeover project. The classes, which …

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Prairie Trail clinic takes shape in Ankeny


Iowa Health Physicians and Clinics is building a 14,000-square-foot comprehensive primary care clinic in Ankeny. The new clinic will be located at 2615 S.W. State St. in the Prairie Trail development. Scheduled to open in …

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CB Richard Ellis to acquire ING assets

CB Richard Ellis Group Inc. has a purchase agreement with ING Groep NV to buy the majority of the Dutch financial group’s real estate investment management business, The Wall Street Journal reported.

 

Los Angeles-based …