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Real Estate and Development

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Merle Hay Mall arena backers given 6 months to reach lease agreement

A proposed project to redevelop former department store space at Merle Hay Mall into an arena is in jeopardy if the owners of the mall and the Des Moines Buccaneers don’t reach an agreement on…
Aerial Market District

Lots in downtown Des Moines’ Market District ready to be developed

Five lots are ready to be developed in a portion of the Market District that is being redeveloped by District Developer LLC, a consortium that includes developer James Cownie’s JSC Properties, MidAmerican Energy Co., Knapp …

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Two commercial lots sold in KeeTown Loop in Waukee

Two commercial lots have been sold in Waukee’s KeeTown Loop, a 40-acre, $100 million development on the northwest corner of Grand Prairie Parkway and Ashworth Road, Dallas County real estate records show.

Vibrant Credit Union …

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Artisan Capital Group acquires student housing development in Ames

The Foundry, a boutique student housing development next to Iowa State University in Ames, has been acquired by Artisan Capital Group, the Chicago-based group announced.

The $15.1 million acquisition expands Artisan Capital Group’s portfolio in …

Graham Group Altoona

Graham Group to develop site for warehouses in Altoona

The blue diamond represents where Graham Group plans to develop a site for three warehouses in Altoona. Image from Google Maps.

The Graham Group Inc. plans to develop land for three build-to-suit warehouses in Altoona, …

Union at Rivers Edge rendering

Construction expected to begin soon on 216-unit apartment project

Construction is expected to begin this spring on a 216-unit apartment project that will be located on 4 acres at 1600 Indianola Road, developer Annex Group announced.

Union at River’s Edge is expected to open in spring…
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How much space does Des Moines devote to parking downtown?

About 26% of the land in downtown Des Moines is dedicated to parking, either through surface lots or in parking garages, a new report by Parking Reform Network shows. The network is a nonprofit advocacy …

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Wakonda Village apartments sold for $22.7 million

Artisan Capital Group and Eastham Capital have acquired Wakonda Village, a multifamily complex at 1800 and 1810 Watrous Ave. in Des Moines, the groups announced.

Wakonda Village, located at 1800 and 1810 Watrous Ave. in…
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Boesen: Economic development a priority

For over three decades, Connie Boesen had a front-row seat to downtown Des Moines’ transformation as a vibrant Central Iowa retail hub to a business district void of people after 5 p.m.

Boesen, who in …

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Proposed Merle Hay Mall arena’s future uncertain

Owners of Merle Hay Mall and the Des Moines Buccaneers have not yet reached an agreement for a lease for a proposed arena on the west side of the mall, according to an Urbandale city …