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Real Estate and Development

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Italian-American group launching campaign to renovate new center

A campaign to raise between $5 million and $8 million to renovate the new home of the Italian-American Cultural Center of Iowa will be launched this fall, a goal supporters say is “very doable.”

“I’ve …

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Ohio company buys medical office buildings in Des Moines

A Wooster, Ohio, entity has paid $8.1 million for property along Southwest Ninth Street in Des Moines that includes medical buildings, Polk County real estate records show.

Proprety at 850 Dickman Road has been purchased…
Waukee Pin Oak

Grant will help in renovation of vacant building in Waukee’s downtown

The city of Waukee has received a $100,000 grant from the Iowa Economic Development Authority that will be used to help transform a vacant building in the suburb’s downtown area into new commercial space. The …

Veridian Prairie Trail Branch Rendering

New Veridian branch office planned in Ankeny

Construction is underway on a new Veridian Credit Union branch office at 2115 S.W. State St., in Ankeny, just south of the District at Prairie Trail. Veridian will relocate and expand its operations from the branch …

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Demolition of Kaleidoscope underway

The demolition of Kaleidoscope at the Hub is underway in downtown Des Moines. The once-popular indoor mall and food court, located at 515 Walnut St., is being razed to make way for a 33-story, mixed-use office …

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Hubbell Realty’s newest apartment building nearly ready to open

In fall 2018, Hubbell Realty Co. began work on conceptual designs for a five-story, 114-unit apartment building in its Bridge District development just south of Interstate Highway 235.

The company’s goal was to begin construction …

Topgolf rendering

Topgolf site plan under review by West Des Moines officials

A site plan for a proposed 72-hitting bay Topgolf is under review by West Des Moines, however, a construction timeline for the much-anticipated venue has not been shared with the city’s staff.

Dallas-based Topgolf Entertainment …

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Burgers to ballet

The top image shows what the building at 655 Walnut St., where Ballet Des Moines will open a campus for arts and education, currently looks like. The bottom image is a rendering of what it…
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Financial incentives proposed for Carpenter Warehouse renovations

Developer Tim Rypma has proposed converting a four-story warehouse at 106 S.W. Seventh St. in Des Moines  into Class A commercial office. The Des Moines City Council today is expected to vote on proposed financial incentives…
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Des Moines-area office vacancy rate eases slightly to 16.5%

The Des Moines area’s office sector is showing signs that it is emerging from its pandemic-related contraction with an uptick in showings of spaces available to lease and an increase in the average size of …