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Real Estate and Development

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Construction expected to start soon on Johnston youth sports, recreational complex

Construction is expected to begin this fall on a large indoor/outdoor youth sports and recreational complex in Johnston that will include an indoor track and training facilities.

Ignit Sports and Fitness, planned on about 30 …

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IAF announces recipients of 2023 Community Enhancement Awards

The Iowa Architectural Foundation announced three recipients of its 2023 Community Enhancement Awards. Krause Group received the Architecture and Design award, while the Historic Vitalization award went to Des Moines Film and Rialto Theater. The …

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Proposed Des Moines development wins housing innovation competition

A panel of housing, energy and design judges selected the proposed Des Moines development of Townhall Apartments and Community Food Market as the winner of the Iowa Finance Authority’s inaugural Innovation in Housing Pitch Competition …

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OpenLoop Health’s downtown headquarters renamed OpenLoop Tower

Left: The new OpenLoop Tower sign on the former Bank of America Building, located at the corner of Sixth and Locust streets in downtown Des Moines. Right: OpenLoop CEO Jon Lensing, center front, cuts the…
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Restaurant property in south Des Moines sold for $2.5 million

William O’Connor and the O’Connor Family Trust, both located in San Diego, Calif., paid 6157 SE 14th LLC $2.5 million for property located at 6157 S.E. 14th St. in Des Moines, Polk County real estate …

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Buethe lays out Grimes’ growth plans during ICREA meeting

The Heritage at Grimes Town Center development. Rendering special to the Business Record

Grimes is growing and is preparing for more growth as it looks for its population to reach 28,000 by 2030, Brian Buethe, president …

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Demolition permit issued to raze Valley West Inn in West Des Moines

A demolition permit has been issued to raze the dilapidated Valley West Inn in West Des Moines, a city official confirmed.

A fire in the fall of 2021 damaged the structure, which was built in …

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Council OKs preliminary terms of grant to new owner of Kum & Go

The Des Moines City Council this week approved preliminary terms of an urban development agreement with FJ Management Inc., which plans on opening a regional headquarters in downtown Des Moines. FJ Management, which owns Maverik …

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Either/Or, a ‘homey, comfortable’ restaurant, opens Sept. 15

Either/Or, a sister establishment to Lua Brewing, is scheduled to open Sept. 15 at 6222 Grand Ave. in Des Moines in a space that once was occupied by an auto parts store. The building’s formerly…
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Bankers Trust buys property in downtown Des Moines

Bankers Trust Co. has purchased property in downtown Des Moines that its customers have used for drive-thru banking transactions, Polk County real estate records show.

The Des Moines bank paid the Richard Hansen Revocable Trust …