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Lead DSM introduces Greater Des Moines Leadership Institute 2026 class

Lead DSM has announced the 45 people selected for the Greater Des Moines Leadership Institute class of 2026. Each individual selected was nominated and vetted in a competitive selection process. The institute aims to equip leaders to be effective caretakers and changemakers in our community. Class members will spend the next nine months engaged in…

By Business Record Staff | Aug 27, 2025

Polk County allocates $10 million for affordable housing

Polk County has announced the allocation of $10.2 million in federal funding for projects creating affordable housing units at 50% of the average median income or below. The board’s actions mark the final steps in distributing Emergency Rental Assistance 2 funds to community organizations that will develop affordable rental housing units. This funding allows the…

By Business Record Staff | Aug 27, 2025

Construction starts on $60 million rental home development in West Des Moines

Construction is underway on the first phase of Picket Fence Community, a rental home development on the northeast corner of 88th Street and Mills Civic Parkway in West Des Moines. The development by SG Communities and Tricap Residential Group includes one- to three-bedroom rentals built as six-, eight-, 10- and 12-plexes. Eighteen homes are expected…

By Business Record Staff | Aug 27, 2025

What you need to know from the Project 515 on office space

The flight to quality is continuing in the Central Iowa office market with more tenants willing to sign long-term leases, and while activity is strong, new construction continues to lag, panelists said during the Business Record’s recent Project 515 event about office space in the metro. The Aug. 14 event was the second in the…

By Michael Crumb | Aug 27, 2025

Financial Center apartments will have ‘unique’ amenities including golf simulator, rooftop garden, pool, fire pits

Over 2,100 new apartment units are expected to be added to Des Moines’ downtown area during the next two or so years with most planned in newly constructed buildings. Some of the new units, though, are being added in buildings where office space is being converted to apartments. “We’ll be able to compete” with units…

By Kathy A. Bolten | Aug 27, 2025

Decline in architectural billings index shows challenges continue in July

Architectural firm billings continued to decline in July as firms struggled to convert inquiries into projects, according to the AIA/Deltek Architecture Billings Index, which weakened with a lower score from the previous month. According to the report, the index fell slightly from 46.8 in June to 46.2 in July. That indicates that a majority of…

By Business Record Staff | Aug 27, 2025

The Franklin Apartments Ankeny 8 25 2025

NOTABLE TRANSACTIONS: Artisan Capital Group buys Ankeny apartments for $11.9 million

The Artisan Capital Group, in a partnership with Schwartz Capital Group, has acquired Campus Town, a 97-unit apartment development in Ankeny, paying $11.96 million for the property, Polk County real estate records show. Artisan acquired the property at 1210 S.W. 28th St. from Campus Town LLC. The acquisition continues Artisan’s expansion in Central Iowa, where the company…

By Kathy A. Bolten | Aug 27, 2025

600 Shriners visiting Des Moines this week

Greater Des Moines is hosting the Central States Shrine Association Ceremonial Session this week in West Des Moines. The event will welcome 600 Shriners from across the region, including six Imperial Officers representing the International Shrine Center. The session will include private sessions and several public activities meant to showcase the spirit and community engagement of…

By Business Record Staff | Aug 26, 2025

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