The Des Moines Plan and Zoning Commission is scheduled to hear a request Thursday to rezone property in River Point West, where plans were submitted several years ago for an $11 million project to build two hotels.
Sherman Associates Inc. want to rezone property at 205 S.W. 11th St. from a mixed use district to a planned unit development, a change that would allow for signage near Martin Luther King Jr. Parkway.
In addition, the Minneapolis-based company wants to add 3.6 acres to the development and change an existing planned unit development at 320 S.W. Ninth St. to allow a four-story, 102-guest hotel and designate nearby land for future development. The city has been in talks with Sherman since 2008 for development of the area.
In 2010, plans were on the table to build a $5.9 million, 95-room extended-stay hotel and a $5.3 million, 93-room hotel. Jackie Nickolaus, vice president of development for Sherman, said interest in the area, which stretches from Martin Luther King Jr. Parkway south to Gray's Lake and between Southwest Ninth and 11th streets, has picked up with the economic recovery.
Sherman hopes blend residential developments in the southern stretches of the property with office and retail on the north. The addition of multifamily units south of Martin Luther King Jr.
Parkway should trigger interest in more office and retail projects, she said.