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Real Estate and Development

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Ingersoll staircase to be transformed into public art pathway

A staircase located on Ingersoll Avenue will be transformed into a pedestrian pathway that will feature public art, lighting and improved landscaping. The stairs will connect Ingersoll to Grand Avenue in a first-of-its-kind project led …

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Downtown Des Moines more than a place to work

Wells Fargo’s plan to move a majority of its downtown workers to a sprawling corporate campus in West Des Moines was not welcome news to supporters of Des Moines’ central business district.

But it wasn’t …

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Iowa hotel association names new director

Faith Dorn has been named director of the Iowa Hotel & Lodging Association, a group formed in 2022.

Dorn most recently was a senior account executive for LMC Insurance & Risk Management, where she created …

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Sponsorships provide Norwalk with $635,000 to help pay for mixed-used project

Three businesses will pay the city of Norwalk $635,000 for sponsorships in Norwalk Central, a planned mixed-use development in the center of the community that is expected to include retail, restaurants, sporting and recreation venues, …

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NOTABLE TRANSACTIONS: Commercial property in Dallas County sells for $31.1 million

Property in De Soto occupied by Insurance Auto Auctions was purchased by an investment group based in San Diego, Calif., Dallas County records show.

Property in Dallas County occupied by an auction company has been…
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PROJECT UPDATE: Market District

What: Former city of Des Moines public works facility
Where: 212 E. Martin Luther King Jr. Parkway
What: Demolition is underway of a building that previously housed Des Moines’ public works department.

The property on which the building …

RR Realty

R&R Realty promotes senior executives to new roles

R&R Realty Group, based in West Des Moines, has promoted two senior company officials to new roles, the company announced.

Adam Kaduce, previously managing director and senior vice president of R&R’s Real Estate Advisors, has been …

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More new projects planned at Southridge Mall

Southridge Mall, an aged retail center on Des Moines’ south side, continues to be revitalized, this time with the addition of a multifamily project and expansion of an auction company in space once occupied by …

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New regional economic development group helping communities win grant dollars for community improvements

The city of Knoxville received federal grant money, with the help of the recently created economic development organization Mid-Iowa Planning Alliance, for facade improvements to a building on the city’s downtown square. Shown here are…
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Office vacancies halting growth in downtown property values

The amount of vacant office space in Des Moines’ central business district has more than doubled in the past four years, adversely affecting the value of office property in downtown.

In 2022’s fourth quarter, 17.9%, …