AABP EP Awards 728x90

Real Estate and Development

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City hopes to update zoning ordinance


As the summer of 2010 wound down, the city of Des Moines submitted an application to the U.S. Department of Housing and Urban Development for a $1.75 million grant to be used toward updating its …

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Planning for the future


For the last 17 years, the West Des Moines comprehensive plan has been a document changing with the demands of development.

“We were moving along pretty well, and then a little project called Jordan Creek …

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New office buildings ‘LEED’ way to Gold certification


Wellmark Blue Cross and Blue Shield’s new corporate headquarters stretches across three blocks of downtown Des Moines, but the 603,000-square-foot complex is designed to leave a relatively small footprint on the environment.

Wellmark officials expect …

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Real estate woes as an opportunity


Consultant Peter Mosca brought a silver lining with him to West Des Moines. Speaking last week at the 14th annual Iowa Commercial Real Estate Expo, he suggested that, although the industry’s bad news is far …

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Global CRE investments rise

Globally, direct commercial real estate investment is expected to total $300 billion in 2010, a 40 percent to 50 percent increase from 2009, Jones Lange LaSalle said.

As global markets strengthened, investment volumes in the …

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China implements new measures to quell boom

In an effort to curb rising real estate prices, China plans to introduce a trial property tax in some cities before expanding the levy to the entire country, Bloomberg reported.

The state has also extended …

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GDCDA to hold open house

On Oct. 1, the Greater Dallas County Development Alliance will host an open house to celebrate its new location at 9325 Bishop Drive, Suite #125, West Des Moines. It will take place from 9 a.m. …

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USGBC announced new award

On Tuesday, the U.S. Green Building Council (USGBC) announced a new award in recognition of Mayor Richard M. Daley’s leadership in making Chicago one of the most environmentally friendly cities in the nation. The Richard …

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ICREA Expo panelist shares take on distressed assets

Dealing with distressed assets was a highlight of Tuesday’s “Following the Fallout” panel discussion during the 2010 Iowa Commercial Real Estate Association Expo.

Chuck Hendricks, a vice president and senior asset manager with Overland, Kan.-based …

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Equitable Building sold to lender

The Equitable Building was sold today at a Polk County sheriff’s sale for $2.8 million. The winning bid was tendered by Great Southern Bank.

On April 30, 2009, Vantus Bank, which last September was closed …