Developer buys land for steakhouse, apartment project in West Des Moines
A Carmel, Ind.-development group has purchased about 9 acres in West Des Moines on which a development that includes a popular fine-dining steakhouse and high-end multifamily apartment units are planned.
The $20 million to $30 million commercial and residential development called Village on Jordan Creek is planned on the southwest corner of Ashworth Road and Jordan Creek Parkway.
CRG Residential, the Indiana development group, and Great Lakes Capital, a real estate private equity firm headquartered in South Bend, Ind., plan to construct a multilevel building that wraps around a parking garage, pool and courtyard. The structure is expected to include a New Orleans-based chain’s Ruth’s Chris Steak House and 199 multifamily units.
The steakhouse, the project’s anchor, is proposed to be located in a 15,000-square-foot, two-story portion of the building that will include three patios. The restaurant will be visible from both Ashworth Road and Jordan Creek Parkway.
The West Des Moines City Council approved the project’s site plan last November. Since then, CRG Residential has been acquiring property where the development will be located, Dallas County real estate records show. The group, doing business as Jordan Creek Associates LLC, has purchased:
4.58 acres at 950 Jordan Creek Parkway, paying Czech Mate LLC $1.7 million. The transaction was recorded on Feb. 9.
About 1 acre at 7580 Ashworth Road, paying Dennis Schaffer and Teresa Moon $510,000. The transaction occurred Dec. 29.
About 1 acre at 7550 Ashworth Road, paying Kevin and Stephani Johnson $500,000. The transaction was recorded on Feb. 10.
About 1 acre at 7520 Ashworth Road, paying Michael Glaza and Annette Hitchcock $510,000. The transaction was recorded on Jan. 12.
Nearly one-half acre at 7450 Ashworth Road, paying Karla Stessman and Richard Stessman $500,000. The transaction was recorded on Feb. 9.
Demolition/removal permits were issued for the properties by the city of West Des Moines on Jan. 24.
One parcel, located at 970 Jordan Creek Parkway, has not yet been acquired by the development company, according to county real estate records. The group is also purchasing a parcel owned by the city.
A city official said staff members are reviewing building permit applications and site improvements. Once the reviews are completed, the remaining parcels of land are purchased, and easements and other agreements are filed with Dallas County, the building permit can be issued, the official said.