Housing

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Despite Des Moines’ call for ‘missing middle’ housing, board rejects Fleur Drive townhomes

Des Moines Register: Less than a month after the city of Des Moines implemented new incentives for so-called “missing middle” housing, its Plan and Zoning Commission has recommended denial of a request to allow what would …

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49-unit WDM affordable apartment project expected to be completed by fall

Construction of an $11 million apartment project at 520 88th St. in West Des Moines is expected to be completed by fall. Rendering courtesy of TWG

Construction is underway in West Des Moines on an $11 million, …

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NOTABLE TRANSACTIONS: Wellington apartments sold to N.Y. group for $44.8 million

A New York investment group has purchased the 240-unit Wellington Apartment complex  developed in 1990 in West Des Moines, Polk County real estate records show. AMFP V Wellington LLC, managed by New York City-based Abacus Capital…
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Flux Apartments in downtown Des Moines sold for $15.8 million

A St. Louis-based property management group has purchased property in downtown Des Moines on which Flux Apartments and Onyx Office Suites is located, Polk County real estate transactions show. 

Since July, at least six apartment buildings …

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Des Moines YMCA affordable housing deal falls through

A Chicago-based developer’s agreement to purchase the YMCA property in downtown Des Moines has been terminated, Axios reported. Celadon Partners had been in talks with the YMCA to purchase the building at 501 Grand Ave., with plans …

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2021 Leaders’ Survey responses on affordable housing


The Business Record began releasing results from the 2021 Leaders’ Survey in its Nov. 26 print edition. The annual survey asks business leaders to share what they feel are some of the top issues affecting businesses in …

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Hubbell sells Bridge District apartment buildings for $51.8 million

Verve, left, a 128-unit apartment high rise at 225 E. Center St. in Des Moines, and Velocity, a 115-unit apartment building at 200 Des Moines St., have been sold to out-of-state investors. Photos courtesy Polk County …

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Median sale price of D.M.-area home up 17.2% from year ago

The median sale price of a home in the Des Moines area in November was $252,000, 17.2% higher than in November 2020, data from the Des Moines Area Association of Realtors shows.

In November 2020, …

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ISU researchers to use 3D technology to design affordable, sustainable homes

Faculty members at Iowa State University are hoping to find solutions for affordable housing in rural areas of the state with 3D technology.

The ISU College of Design’s 3D Affordable Innovative Technologies Housing Project has …

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Work finally underway on Hubbell’s Des Moines apartment project

Construction is underway on Level, a 114-unit apartment building in Hubbell Realty Co.’s Bridge District, located south of Interstate Highway 235 and east of the Des Moines River. Photo courtesy of Hubbell Realty Co.

Hubbell Realty …