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Real Estate and Development

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Keen Project Solutions names new president

Ankeny-based Keen Project Solutions has announced Dustin Waters as the company’s new president. Waters, Matt Frandsen and Cory Larson founded the engineering, procurement and construction company in 2014 in Ames. Before becoming president, Waters has …

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515 Walnut Going Up

Work continues to progress on the 33-story 515 Walnut Tower in downtown Des Moines. Vertical construction began with the elevated deck of the building beginning to take shape. The estimated cost of the project is …

4001 Ingersoll Site

Oak Park is branching out with Canopy

By Michael Morain | editor, dsm magazine

The owner of the restaurant Oak Park is planning a spinoff market and cafe just a block west on Ingersoll Avenue.

The project, called Canopy, a riff on …

Furniture Mart Ames

Furniture Mart/Ashley furniture store planned for Ames

A new furniture store is expected to open in Ames this fall, filling a gap in the market that has existed for more than a decade.

A Furniture Mart/Ashley furniture store is under construction between …

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WDM council approves site plan for The Lancaster multifamily development

Renderings show the proposed Lancaster multifamily development on 88th Street in West Des Moines. The West Des Moines City Council approved the site plan and preliminary plat on July 7 for the 172-unit development that…
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NOTABLE TRANSACTIONS: Office/warehouse property in West Des Moines sold for $1.45 million

Dynamic Machining & Manufacturing LLC, located in Waukee, paid Compass Group USA Inc. $1.45 million for property at 519 S. 18th St. in West Des Moines, Polk County real estate records show. The 1.8-acre parcel includes …

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Peoples Co. launches farmland succession campaign

Peoples Co., an agricultural land services firm based in Clive, has announced a national awareness campaign to address the impending transfer of over 370 million acres, approximately 40% of U.S. farmland, expected by 2045. The …

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City of Des Moines opens RFP process for historic Argonne Armory Building

The city of Des Moines is now accepting proposals for the renovation and reuse of the historic Argonne Armory building, located at 602 Robert D. Ray Drive. The city said it would issue the RFP …

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Construction material prices up 2.5% year over year

An Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data shows that construction input prices increased 0.2% in June compared to the previous month and are 2.1% higher overall …

Hobby Lobby

NOTABLE TRANSACTIONS: Property sold in Ankeny that includes Hobby Lobby retail store

ExchangeRight Net Leased All Cash 15 DST, located in Johnston, paid Parlay Ankeny LLC $9.78 million for property at 5075 S.E. Delaware Ave. in Ankeny, Polk County real estate records show. The 6.4-acre parcel includes …