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Real Estate and Development

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Bondurant site achieves ‘certified’ status; ready to be developed

A 68-acre site in Bondurant has achieved certification through the Iowa Certified Sites Program, sponsored by the state’s Economic Development Authority.

The site, located east of U.S. Highway 65 and south of Northeast 78th Street, …

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Historic preservation projects honored by Iowa agency

Sixteen projects in 10 Iowa communities were honored at the 2023 Preserve Iowa Summit where they received the state’s highest historic preservation honors, the Iowa Department of Cultural Affairs announced.

The summit, presented annually by …

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Highland Apartments ‘too expensive to renovate’

Two local historical preservationists are exploring the economic feasibility of renovating the Highland Apartments, located at Sixth and Euclid avenues in Des Moines. One has provided information to the Des Moines City Council, which is expected to…
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What you need to know about the Low Income Housing Tax Credit Set-Aside program

Here are some takeaways from Thursday’s informational meeting about the new Innovation Set-Aside for the Low Income Housing Tax Credit Program through the Iowa Finance Authority.

Derek Folden, tax credit director of the Iowa Finance …

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Meeting to discuss Low Income Tax Credit Innovation Set-Aside program set for Thursday

A virtual meeting is planned for Thursday to discuss a new program that is designed to solicit proposals from developers for low-income housing projects that use innovative construction, financing or partnerships.

The Iowa Finance Authority …

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Neighborhood shopping center in Urbandale sold for $2.85 million

JDS Real Estate Investments LLC, located in Clive, paid Westmark Properties LLC $2.85 million for property at 2743 85th St. in Urbandale, records show. The 4.5-acre parcel includes a 41,105-square-foot neighborhood shopping center built in 2000. …

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Project515 panelists describe today’s retail sector

Panelists on the Business Record’s Project515 virtual discussion last week about the sector were asked what one word or phrase they would use to describe the commercial sector, which includes restaurants, bars, coffee shops, clothing stores and other …

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$350 million mixed-use development planned in burgeoning Waukee

An Ames man with a passion for providing athletic playing facilities for Iowa’s youths is developing a complex in Waukee that will include two fieldhouses reminiscent of college arenas built in the first half of …

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Iowa hotel, lodging group adds new board member

Omkar Bhatt, owner and operator of the Sol Inn and Executive Inn in Marshalltown, has joined the board of directors of the Iowa Hotel & Lodging Association, the group announced. Bhatt immigrated to the U.S. …

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VIDEO: Watch a replay of Project515: Retail Outlook

The Greater Des Moines area has dozens of retail areas for residents and visitors to shop, from “power centers” featuring big-box stores to strip centers to storefronts along high-traffic corridors in urban and suburban neighborhoods. …