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Housing

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$6.5 million development planned in Drake neighborhood will include grocery store, workforce apartment units

A lot at 22nd Street and University Avenue in Des Moines’ Drake neighborhood has been cleared of a convenience store and fuel pumps to make way for a $6.5 million development that will include a …

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Average residential building permit value reaches record $384,781 in August

          The average value of a residential building permit in the Des Moines area reached $384,781 in August, the highest ever, a review of communities’ building permit data shows.

Through Aug.…
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Number of houses for sale in Des Moines area on the rise

More than 2,660 homes were listed for sale in the Des Moines area in August, the highest number since July 2020, data from the Des Moines Area Association of Realtors shows.

The increase in listings …

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Polk County ponders a new affordable housing model

Axios Des Moines: Homes would remain “affordable forever” under an idea being discussed among Polk County officials to buy and permanently own land used for low-income housing. Advocates contend that creating a community land trust could …

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216-unit apartment project proposed near Raccoon River

A 216-unit apartment project called Union at Rivers Edge is proposed on a vacant site at 214 Jackson Ave., just a few steps away from the Meredith Trail and the Raccoon River. Architectural rendering by ASK …

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34 new projects underway in Des Moines area, including 8 multifamily developments, football/soccer stadium

Commercial building permits valued at more than $125.5 million were issued in August for new projects in the Des Moines area, including eight new multifamily buildings, a review shows.

In all, 34 permits were issued …

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Waukee receives 8 proposals for affordable housing projects

Eight developers have responded to the city of Waukee’s request for proposals to build affordably priced housing on land purchased by the city earlier this year, officials said.

Creating, expanding and maintaining affordable housing for …

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NOTABLE TRANSACTIONS: 3 metro-area apartment complexes have new owners

Ownership of three Des Moines-area apartment complexes changed hands in the past week, a review of Polk County real estate transactions show. Specifically:

Belmont Park Apts LLC, located in Johnston, paid University Park LP $3.7 million …

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NOTEBOOK – ONE GOOD READ: How economy is affecting affordable housing developments

Rising interest rates, inflation and supply chain challenges are forcing developers nationwide to delay work on new affordable housing units during a time when there’s a dire need for the product, writes Rebecca Picciotto for the …

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Habitat for Humanity hosting CEO Build on Wednesday

Top leaders from 27 area businesses will spend much of Wednesday building houses during Greater Des Moines Habitat for Humanity’s CEO Build. The CEO Build is an annual fundraising event that brings together CEOs to …