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Real Estate and Development

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These commercial real estate stories attracted the most readers

Numerous lists are published at the end of the year, and here’s ours: the Business Record’s most-read commercial real estate stories of 2022.

The following are the seven commercial real estate-related stories that attracted the …

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Retailers expected to follow Target to burgeoning Waukee

Over the past two years, the city of Waukee has added an average of five new residents a day, a review of data from the U.S. Census Bureau shows.

The Dallas County community, now with …

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Des Moines residential builder shares the company’s growth, obstacles in first five years

Jasmine Brooks and her husband started Brooks Homes, a homebuilder focused on new and custom construction, five years ago. To them, it was a path with more opportunity to build generational wealth.

Brooks was influenced …

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Holmes Murphy broadens architecture, engineering consulting capabilities with new hire

Holmes Murphy announced the appointment of Andrew Patton as architecture and engineering technical consultant. Patton will help lead risk management education and resources for Holmes Murphy’s architecture, engineering and construction clients, while using his background …

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Here’s what’s new with the Merle Hay Mall redevelopment project

Elizabeth Holland, CEO of Merle Hay Investors, stands in front of the mall entrance of the proposed arena for the Des Moines Buccaneers hockey team. Holland is hopeful redevelopment of the former department store space …

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Downtown Des Moines apartment complex sold for $24.8 million

The Vue apartment complex, located north of Crocker Street along Ninth and Eighth streets, has been sold to an out-of-state investor. The photo above shows the dog park and building at 915 Ninth St. Photo provided …

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Target to anchor $132 million shopping center in Waukee

Target will anchor Waukee Towne Center, a 62-acre lifestyle center planned west of Southeast Alice’s Road and about a block south of East Hickman Road in Waukee. Construction is expected to begin in the spring. Rendering …

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DM council approves contract to study office building purchase

Photo special to the Business Record.

OPN Architects Inc. on Monday was awarded a contract to conduct a workspace utilization study to determine space needs of several city of Des Moines departments that will likely …

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Project515 panelists discuss today’s residential sector

Interest rates for home mortgages are double what they were a year ago, pushing some potential homebuyers out of the market. Rates for new apartments and other rental projects are also on the rise, causing …

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NOTABLE TRANSACTIONS: Pleasant Hill property that includes bowling lanes sold for $6.6 million

Bowlero Corp., which operates 326 bowling centers in North America, has acquired Great Escape, a 24-lane bowling center in Pleasant Hill, Polk County real estate records show. Bowlero, a publicly traded company based in Richmond, Va., paid…