2021’s most read commercial real estate stories
BPC Staff Jan 4, 2022 | 11:11 pm
2 min read time
466 wordsAll Latest News, Real Estate and DevelopmentThis is the time of year for lists, and here’s ours: The seven most-read commercial real estate articles in 2021.
An interesting factoid to share is that readers continued to click on the article about Hy-Vee’s then-planned store in Grimes long after news about the project broke in October 2020. The store opened in fall 2021. Readers also continued to click on the October 2020 article about Hope Development & Realty’s 200-acre, $250 million planned development in Grimes. Both articles were among the most-read CRE stories of 2021 and both still continue to be read more than a year a later.
Here’s 2021’s seven most-read CRE articles:
1. Suite Shots, a golf entertainment venue, planned in West Des Moines. Developer Paul Cownie shared with the Business Record in early November plans to develop a golf entertainment facility with a 250-yard driving range. Some residents of a nearby gated community don’t want the development to move forward, saying the venue would be an “eyesore.”
2. Popular fine-dining steakhouse planned in West Des Moines. Ruth’s Chris Steak House, a popular New Orleans-based chain, was announced as the anchor of a proposed development at Ashworth Road and Jordan Creek Parkway. The site plan for the project, which will include 199 multifamily units and additional commercial space, was approved by the West Des Moines City Council in November.
An interesting factoid to share is that readers continued to click on the article about Hy-Vee’s then-planned store in Grimes long after news about the project broke in October 2020. The store opened in fall 2021. Readers also continued to click on the October 2020 article about Hope Development & Realty’s 200-acre, $250 million planned development in Grimes. Both articles were among the most-read CRE stories of 2021 and both still continue to be read more than a year a later.
Here’s 2021’s seven most-read CRE articles:
1. Suite Shots, a golf entertainment venue, planned in West Des Moines. Developer Paul Cownie shared with the Business Record in early November plans to develop a golf entertainment facility with a 250-yard driving range. Some residents of a nearby gated community don’t want the development to move forward, saying the venue would be an “eyesore.”
2. Popular fine-dining steakhouse planned in West Des Moines. Ruth’s Chris Steak House, a popular New Orleans-based chain, was announced as the anchor of a proposed development at Ashworth Road and Jordan Creek Parkway. The site plan for the project, which will include 199 multifamily units and additional commercial space, was approved by the West Des Moines City Council in November.
3. Details revealed of proposed $278 million Valley West Mall redevelopment. Owners of Valley West Mall in February released plans to redevelop the aged center. The release of the plans was tied the city of West Des Moines’ request for $30 million from the state’s Reinvestment District Program. In June, the Iowa Economic Development Authority awarded $100 million to six projects. The Valley West Mall project did not receive any of the funding.
4. Popular Clive restaurant closing.Table 128 Bistro and Bar announced that is was closing its doors in Clive. Lynn Pritchard, the restaurant’s owner, announced in July that the restaurant would open in a new mixed-use building in Des Moines’ Gray’s Landing.
5. Amazon sortation center property sold. A New York-based group paid $75.9 million for property in Bondurant on which an Amazon sortation center is located.
6.New restaurant coming to downtown Des Moines. Tupelo Honey Cafe plans to open a restaurant in early 2022 in the Miesblock building in downtown Des Moines.
7. 2 retailers new to metro area opening stores in West Des Moines.Floor & Decor, a hard-surface floor retailer, and H&M, a Swedish clothing store, were issued building permits in early 2021.
Numerous new developments were announced in 2021 about which the Business Record reported and our readers learned. If you want the readers of the Business Record to know about your project, contact senior reporter Kathy Bolten at kathybolten@bpcdm.com.
And Happy New Year!
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