AABP Award 728x90

Eychaner is pressing ahead with redevelopment of former industrial site

Rendering of proposed rehab at 350 Martin Luther King Jr. Parkway

Real estate developer Rich Eychaner is proceeding with a major redevelopment at Southwest Third Street and Martin Luther King Jr. Parkway in Des Moines, where his 300 MLK building is filling with tenants, a street entrance to the project has been cut along MLK, and work is underway on two other buildings that once made up the three-acre industrial site.
According to a report to the city’s Urban Design Review Board, Eychaner has spent about $13.5 million in land acquisition, site improvements and building and tenant improvements to 300 MLK.
Eychaner anticipates spending nearly $7 million on improvements to a two-story brick building at 320 MLK and a one-story structure at 350 MLK.
Eychaner could decide to demolish the building at 350 MLK. A rehabilitation of the building would include “replacing the north wall with glass, adding galvanized reflective steel elements to the building facade, raising the existing 12-foot ceiling height to 16- or 18-foot clearance, and rebuilding the south and west walls to provide additional structural integrity and additional access points,” according to the report.

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