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Real Estate and Development

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Weitz Co. names new business development director

Mina Wassef

Weitz Co., a construction management and contracting company headquartered in Des Moines, announced Mina Wassef has been promoted to business development director. Throughout Wassef’s decade at Weitz, he has driven the company into …

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Valuation of multifamily properties increases in Polk, Dallas counties

The valuation of multifamily properties has increased an average of 7.9% in Polk County and 21% in Dallas County, assessors’ information shows.

In Dallas County, multifamily projects that were completed in 2023 and 2024 and …

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Event Preview: CRE forum panelists share opportunities for 2025

Adaptive reuse of buildings, the continued development of data centers, securing long-term leases and working to build stronger relationships between communities. Those are among the opportunities for growth in the commercial sector in 2025 identified …

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Commercial property valuations increase in Polk, Dallas counties

The valuation of commercial properties in Polk County rose an average of 11.7% this year, an increase that is less than what occurred during revaluations in 2023.

Commercial property in Dallas County saw an average …

Merle Hay Mall

Merle Hay Mall CEO: Revised redevelopment plan expands ‘universe of potential users’

A revised plan to redevelop Merle Hay Mall will allow for greater use and expand the number of visitors to the area than the plan that was originally submitted to the state under its Iowa …

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Gilbert business park progressing with plans for wellness center, flex retail space

The development of a mixed-use business park in Gilbert is moving forward with two lots being sold and others available for future growth in the town north of Ames.

The project comes against a backdrop …

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Des Moines P&Z recommends changes to site plan rules

The Des Moines Plan and Zoning Commission has approved changes to the city’s site plan requirements for construction and renovation projects that officials say disproportionately affect small businesses and property owners.

The Plan and Zoning …

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NOTABLE TRANSACTIONS: Parcel at Haymarket Square shopping center sold

Park Hill Holdings LLC, based in Eden Prairie, Minn., paid Haymarket Investors LLC $1.4 million for property at 4241 Merle Hay Road in Des Moines, Polk County real estate records show. The parcel, which is semi-developed, …

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Jefferson Matters named American Main Street Award winner

Jefferson Matters, which works to promote and preserve the historic downtown in the community of more than 4,000 people, has been named a recipient of Main Street America’s Great American Main Street Award.

The award …

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A Closer Look: Travis Mansfield

When developers unveiled details of the proposed regional shopping center in southeast Des Moines in 1972, they called it Army Post Plaza.

By fall of 1975, when the center opened, its name had been changed …