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Project 515: Office market returning to normal in 2024

Look for several big development announcements downtown in the coming months, along with possible updates on redevelopment of Valley West Mall and Des Moines City Hall, experts said during the Business Record’s Project 515 event …

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NOTABLE TRANSACTIONS: Car wash property in Clive sold to Georgia-based entity

Marc 1 Holdings, an entity managed by Atlanta-based Mammoth Holdings, paid IA11 10056 Clive LLC $6.2 million for property at 10056 Hickman Court in Clive, Polk County real estate records show.

A Silverstar Car Wash with …

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4.1% retail space vacant in Des Moines area, new report shows

Nearly 74,000 square feet of positive net absorption occurred in the Des Moines area’s retail market in the second quarter, a new report from CBRE Inc. shows. Nearly 70% of the positive absorption occurred in …

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Airport board gives nod to contractor to continue to second phase of terminal project

Contractors have received approval from the Des Moines International Airport Authority board to continue into phase 1B, shown in orange on this map, once they complete work on phase 1A, shown in bright blue. The…
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Iowa Files lecture series begins on Sept. 8

The West Des Moines Historical Society will host the Iowa Files, a free public lecture series, in partnership with the West Des Moines Public Library, for a sixth year. The series kicks off Sept. 8 …

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Hodges named president of new Bank Iowa location

TJ Hodges

Bank Iowa has named TJ Hodges community bank president of its new location in Johnston. Hodges has more than 10 years of experience in commercial and business lending roles in the Des Moines …

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62 housing projects proposed in Iowa awarded state housing tax credits

Hubbell Realty Co.’s 135-unit Linc IV Apartments in Gray’s Station received $1 million in Iowa Workforce Housing Tax Credits. The project will be located south of Martin Luther King Jr. Parkway and west of Southwest…
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MSA Professional Services names Nick Wagner as next CEO

MSA Professional Services Inc., a multidisciplinary consulting firm with locations around the Midwest, has announced Nick Wagner will be promoted to the role of chief executive officer, effective Jan. 1. Wagner will succeed CEO Gil …

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Neumann Brothers accepting applications for 2024 Heart Fund grants

Neumann Brothers Inc., a Des Moines-based general contractor, is now accepting applications for its annual Neumann Heart Fund grant program. The employee-led charitable initiative will award $20,000 to Central Iowa nonprofits this coming October. Iowa …

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Proposed soccer stadium project takes step forward with final application to IEDA

A rendering of the proposed Pro Iowa Soccer Stadium and Global Plaza. Business Record file image

The Iowa Soccer Development Foundation has submitted its final application for state funding to the Iowa Economic Development Authority, hoping to secure …