AABP EP Awards 728x90

Real Estate and Development

DSC 6869

Foot traffic returning to downtown Des Moines, data shows, but still lags pre-pandamic levels

Foot traffic in downtown Des Moines during the workweek is slowly increasing but still lags behind traffic that was occurring before the pandemic, information from the Greater Des Moines Partnership shows.

In September, downtown foot …

DSC 6869

Senior housing development proposed next to Southridge Mall

An out-of-state development group is proposing to build a 90-unit low-income senior housing facility on 4.4 acres at 1111 E. Army Post Road. Architectural rendering by Berardi+Partners Inc.

 

An Indiana-based development group is proposing to construct …

DSC 6869

Report: Out-of-state interest continues in Des Moines industrial properties

Twelve Des Moines-area industrial properties were sold during 2022’s third quarter, two of which were purchased by a buyer from Austin, Texas, according to JLL’s third-quarter industrial market report.

AIC Ventures, a venture capital group based …

DSC 6869

Waukee unveils new building permit application system

The city of Waukee has launched a new building permit application system that officials believe will make requesting a residential or commercial building permit more efficient. The system is similar to ones used by the …

DSC 6869

NOTABLE TRANSACTIONS: Hubbell Realty buys land in Adel for senior citizen community

Hubbell Realty Co. has purchased 3.7 acres in Adel where it plans to construct a senior living community.

Hubbell, doing business as Edencrest at Adel LLC, paid $744,003 for parcels located at 611 and 621 302nd Place in Adel, …

DSC 6869

Report: Des Moines area experiencing decline in home sales

  The number of homes sold in the Des Moines area slipped to 1,302 in September, an 11% decline from both August 2022 and September 2021, the Des Moines Area Association of Realtors’ monthly report…
DSC 6869

Des Moines skyscraper plan to make a comeback

Axios Des Moines: A group of investors is trying to resurrect a 33-story downtown Des Moines residential tower proposal with tentative plans that could launch construction as early as May. St. Joseph’s Group, a Des Moines-based …

DSC 6869

$8 million retail center planned in Waukee

The Waukee City Council this week approved the site plan for a commercial retail center proposed at 505 E. Hickman Road. Construction is expected to begin this fall with a summer 2023 completion. Rendering by Simonson …

DSC 6869

Iowa Ortho plans new foot surgery center in Grimes

Iowa Ortho, which provides a range of orthopedic care, is planning a 58,580-square-foot foot surgery center and medical campus at 3201 S.E. 37th St. in Grimes. The building will primarily be constructed of red brick …

DSC 6869

Iowa Trust plans new bank headquarters in Clive


Iowa Trust & Savings Bank plans to build a new headquarters at 156th Street and Hickman Road in Clive. Architectural rendering by Simonson & Associates


Iowa Trust & Savings Bank, a community bank founded in 1929, …