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Real Estate and Development

City of Norwalk

Denovo named official construction sponsor of Norwalk project

Denovo Construction Solutions has been named the official construction sponsor for the Gregg Young Auto Sports Campus at Norwalk Central, the city announced. Denovo has been involved with the Norwalk Central development from the project’s …

sold

Hyperion Field Club sells undeveloped Johnston land for $1.5 million

Denton Homes and Carmel Development, doing business as Carmel Hyperion SS Development LLC, paid $1.5 million for a 30-acre tract north of Northwest Beaver Drive in Johnston, Polk County real estate records show.

The companies, …

RR building

CBRE, JLL release second-quarter industrial market reports

Construction was completed on over 1.17 million square feet of new industrial space in the Greater Des Moines market in the second quarter, with 18% of the space preleased, CBRE Inc. reported in its latest …

Granger annex

Granger annexation includes residential, commercial development

The state’s approval of the annexation of 503 acres south and east of Granger could pave the way for both residential and commercial development as the community of about 2,000 people prepares for rapid growth …

Golf Getty

Luxury golf community planned in Johnston

Denton Homes and Carmel Development are acquiring 30 acres from Hyperion Field Club on which an executive residential golf community is planned. The wooded area is north of Northwest Beaver Drive in Johnston and is …

sold

Mercy Clinics acquires property next to Southridge Mall

Mercy Clinics Inc. has purchased three parcels adjacent to Southridge Mall, Polk County real estate records show.

Two of the parcels are undeveloped. The third, at 1101 E. Army Post Road, includes a 8,896-square-foot, one-story …

418 E Grand Ave Nelson

East Village mixed-use project moving forward, with changes

A mixed-use project proposed over five years ago in Des Moines’ East Village district is moving forward but with modifications.

Plans for the proposed five-story retail, office and residential building at 418 E. Grand Ave. …

Combine harvesting wheat Getty

Report: Iowa farmland prices stable

The average price of Iowa farmland slipped 1.7% in the first six months of 2023, indicating stable conditions in the market, according to a report released by Iowa Appraisal. The statewide weighted average price for …

7 2023 Aloft hotel Waukee 2

New commercial development slows in Des Moines area

Fewer building permits were issued for new Des Moines area commercial projects in the first six months of 2023 compared to a year ago, a sign higher interest rates and worries about the economy have …

Jordan Creek Point construction

Accurate Development’s Jared Johnson talks about WDM retail project

In the first half of 2023, new building permits were issued to Accurate Development Inc. for the construction of three, one-story strip retail centers. Two of the centers are at Jordan Creek Point located at …