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Real Estate and Development

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Church proposes 51,000 s.f. facility in Urbandale

New Hope Assembly of God plans to construct a 50,948-square-foot church building on 7.95 acres at 4425 70th St. in Urbandale. The proposed two-story building, which would supplement the organization’s existing facility at 6800 Townsend …

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Green-minded developer to speak out of state

Developer Chaden Halfhill has been slated to speak at the Better Buildings: Better Business Conference in Wisconsin Dells, Wis., on March 3. Halfhill, who has plans to convert the former H&H Grocery Store in Sherman …

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City seeks developer to rehab Des Moines Building

The city of Des Moines, which last month declared the Des Moines Building to be a public nuisance, is looking for a developer to rehabilitate the 80-year-old downtown landmark at 405 Sixth Ave.

As it …

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National investment sales up as tertiary markets simmer

Nationwide, commercial property sales volumes increased by 80 percent in 2010 compared with the prior year, according to a report last week by CB Richard Ellis/Hubbell Commercial’s (CBRE) Iowa Private Client Group.

“One of the …

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Construction spending drops to lowest level since 2000

Construction spending dropped 0.7 percent from $798 billion annual rate in December to $792 billion in January, the slowest spending pace since July 2000, according to the Associated General Contractors of America in a report …

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Clark is Realtor of the Year

Ken Clark has been named Des Moines Area Association of Realtors Realtor of the Year for 2010. He has been in real estate for more than 39 years and a sales associate and an office …

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Peoples Co. to share lot inventory, housing statistics

Peoples Co.’s fourth annual Builder & Development Luncheon will take place beginning at noon on March 2 at the Sheraton West Des Moines Hotel, 1800 50th St. Martha Willits, president and CEO of the Greater …

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City wants LEED-oriented study of five downtown buildings

The city of Des Moines’ engineering department has issued a request for proposals seeking a consultant to analyze the energy usage of five downtown office buildings. The buildings are the Hub Tower, 699 Walnut St.; …

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Clark named realtor of the year

Ken Clark has been named the Des Moines Area Association of Realtors Realtor of the Year for 2010.

Clark has been in real estate more than 39 years and has been both a sales associate …

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Home sales reach 8-month high

Existing home sales increased to the highest level in eight months in January, Bloomberg reported.

Purchases increased by 2.7 percent to a 5.36 million annual rate, according to figures from the National Association of Realtors …