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Real Estate and Development

5950 Delaware Ave. Ankeny

Vacancy rate for industrial space in Des Moines area at 5.2%

The vacancy rate for industrial space in the Greater Des Moines area was 5.2% in 2023’s third quarter, up from the same period a year ago when it was 2.9%, JLL’s industrial insight report shows.…

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4 Des Moines projects awarded historic preservation tax credits

A project to renovate the former Carpenter Paper Co. building at 106 S.W. Seventh St. in Des Moines was awarded over $4.7 million in tax credits from Iowa’s Historic Preservation Tax Credit program. Architectural rendering…
Architectural rendering of three-story building with a black roof and white and brick exterior

Luxury townhome development under construction along Ingersoll Avenue

Construction is underway on a four-building, 16-unit luxury townhome project being built on a nearly 1-acre site along Ingersoll Avenue that previously sported a dilapidated apartment building.
Urbandale-based Platinum Development Co. is building the project …

Falcon view from west

2 proposed apartment projects would add 246 units to downtown Des Moines

A 202-unit apartment building is proposed to be constructed at 1435 Mulberry St. in downtown Des Moines. The $62 million project is proposed on the site where the Des Moines Area Religious Council’s food pantry…
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$120 million, 120-acre mixed-use development planned in Huxley

The Anthem development in Huxley includes apartments designed for young professionals. It is a 120-acre mixed-use development that will also include a senior living campus, retail, space for light industrial and other amenities. Architectural rendering…
308 Court Ave. Des Moines

Court Avenue Lofts in Des Moines sold for $3.3 million

VareCo, a Denver-based private investment firm, has purchased the Court Avenue Lofts at 308 Court Ave. in Des Moines, Polk County real estate records show.

The second through fourth floors of the historic building at…
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City of Waukee seeks public input for aquatic center feasibility study

The city of Waukee is exploring the potential development of an outdoor aquatic center and conducting a feasibility study to see if there is enough public support. Residents of all ages can join an interactive …

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Vibrant Music Hall in Waukee ready for its first concert

Vibrant Music Hall, at 2938 Grand Prairie Parkway in Waukee, has its inaugural event on Sunday. The hall includes about 57,000 square feet of space, including ground floor for a stage and seating or standing space…
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MidAmerican Energy buys land from Bridgestone

MidAmerican Energy Co. plans to build an electrical substation on land previously owned by Bridgestone tire company, records show.

Des Moines-based MidAmerican Energy paid Bridgestone Americas Tire Operations LLC just over $1 million for property in the …

Josh Laraby Economic Development Director

Joshua Laraby named Johnston’s new economic developer

Joshua Laraby has been named economic development director for the city of Johnston, officials announced.

Joshua Laraby

Laraby replaces Adam Plagge, who in June was named city administrator for the city of Windsor Heights.
Laraby …

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