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Real Estate and Development

shine shop grimes

NOTABLE TRANSACTIONS: Omaha group buys 4 Shine Shop Car Wash properties

City Ventures, an Omaha-based investment group, has purchased four area car washes, real estate transactions in Polk and Dallas counties show.  

The investment group purchased the properties from Splash Express LLC, a Des Moines company whose …

Fleming Building

Historic Fleming Building sold to Iowa company for $9.2 million

The historic, 11-story Fleming Building, located at 218 Sixth Ave. in downtown Des Moines, has been sold for $9.2 million to an Iowa real estate management company, Polk County real estate records show.

KMC Properties, …

515 Walnut view from south at night

Learn more about design of proposed 33-story downtown Des Moines tower

The appearance of a proposed downtown Des Moines high-rise will change throughout the day depending on how light reflects off it and whether shades are in use in the building’s 390 apartment units, an architect …

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DM council expected to approve naming agreements for proposed rec center

A planned recreation center on Des Moines’ north side will be known as the Reichardt Community Recreation Center, under a naming agreement expected to be approved by the Des Moines City Council at its meeting …

jonathan ramsey

BNIM announces Ramsey as principal in Des Moines studio

Architecture and design firm BNIM announced that Jonathan Ramsey has been promoted to the position of principal. Ramsey has over 15 years of experience with the firm and nearly 25 years in the architecture profession. …

Microsoft construction

What’s the outlook in 2023 for new development projects?

In each of the past two years, the value of residential and commercial building permits issued by West Des Moines has exceeded $1 billion. 

Building permit values could top $1 billion again in 2023, especially …

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DM’s historic federal courthouse will be sold via online auction

The historic federal courthouse in downtown Des Moines will be sold in an online auction, according to a spokesperson for the U.S. General Services Administration.

A specific date for the auction has not been set, …

950 Jordan Creek Pkwy WDM Ruth Chris

Here’s the outlook for multifamily construction in 2023

A wave of new multifamily construction projects – sparked by low vacancy rates and high interest rates for home mortgages – is expected to get under way in the coming months, adding more than 1,200 …

Heart of America Group E 6 and Des Moines

186-unit apartment project planned in area ripe for redevelopment

A proposal to build a seven-story apartment project in an area east of Des Moines’ East Village district is prompting city officials to consider creating incentives to help spur redevelopment of the area.

On Thursday, …

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Notable transactions: Omaha auto group buys land in WDM for Porsche dealership

An auto group headquartered in Omaha has purchased property in West Des Moines on which a Porsche dealership will be located.

LBP Des Moines LLC, managed by Woodhouse Auto Family, paid Earlham Savings Bank $1.86 million for …