AABP EP Awards 728x90

Real Estate and Development

DSC 6869

Economic leaders share 2024 commercial development outlook

The Business Record reached out to several city economic development leaders to ask them about the commercial development outlook for 2024. We are publishing their responses in today’s newsletter and on Jan. 3.

Here’s the …

DSC 6869

Most read commercial real estate stories of 2023

In the past year, the Business Record reported on an array of commercial real estate-related news including the proposed opening of a Toppling Goliath tap room in the Drake neighborhood, development progress of Topgolf in …

DSC 6869

Iowa Architect announced election of three members to editorial board

The American Institute of Architects, Iowa Chapter (AIA Iowa) has elected Cheryl Peterson, Brian Warthen and Steve Miller to the Iowa Architect magazine editorial board. The magazine and its editorial board showcase the best in …

Rendering of Global Plaza

Des Moines city official: Global Plaza could be built on former Dico site if stadium project doesn’t move forward

Dilapidated buildings, above ground tanks and debris were cleared over two years from a site southwest of downtown Des Moines where Pro Iowa Stadium and Global Plaza have been proposed to be built.

Little else has occurred …

Whittier Elementary School

Zoning changed for former school property in Des Moines

The zoning and land use classification was changed by the Des Moines City Council this week for the former Whittier Elementary School property at 1350 E. Washington Ave. The former school property has been unused …

Falcon apartment project

Final design, financial terms approved for downtown apartment project

The final design and proposed financial terms for the Falcon, a seven-story, 202-unit building proposed at 1435 Mulberry St., were approved this week by Des Moines’ Urban Design Review Board. The $62 million project is …

DSC 6869

NOTABLE TRANSACTIONS: City of Des Moines buys Planned Parenthood property

The city of Des Moines has acquired property at 123 Clark St. that includes a warehouse Planned Parenthood of Greater Iowa had used to store books donated to its annual book sale.

The city paid Planned Parenthood …

GettyImages 1148509106

Des Moines-area home sales dropped 4.5% in November

The number of home sales in the Des Moines metro area dipped 4.5% in November, with 912 homes sold compared to the 955 homes sold in October, according to data from the Des Moines Area …

sold

Arizona group acquires Royal Oaks apartment complex

The Royal Oaks apartments at 2400 Hickman Road in Des Moines. Photo courtesy of Polk County assessor

The Grove at Hickman LLC, located in Gilbert, Ariz., and RT Family Properties LLC paid Hickman Partners LLC …

12803

EMC optimistic about future of Hub Tower

A digital rendering of what the building at Sixth Avenue and Walnut Street currently looks like (top) and what it will look like after improvements. Renderings provided by EMC Insurance Cos.

EMC Insurance Cos. will …