Real Estate and Development

12547

Following awards, Hubbell advances affordable-housing plans

Hubbell Realty Co. said it will soon break ground on three affordable-housing developments in Greater Des Moines, including its long-planned renovation of the Sealy Building at 309 S.W. Eighth St. downtown.

A 31-unit senior-housing project …

DSC 6869

August construction unemployment highest on record

The construction industry’s unemployment rate stood at 17 percent last month, the highest August rate ever recorded, the Associated General Contractors of America (AGC) said.

Though the sector added 19,000 jobs in August, the association …

DSC 6869

Architects support Habitat chapters

On Sept. 18, architects, intern architects, architectural students and others will take part in “Architecture for Humanity,” an event intended to support Habitat for Humanity chapters in Des Moines, Iowa City and Sioux City. In …

DSC 6869

Report: Industrial assets faring better than others

The industrial sector has a lower share of distressed assets compared with other commercial real estate property types, according to a third-quarter leading indicator report by CB Richard Ellis Inc.

Of about 9,960 properties valued …

DSC 6869

Affordable housing projects planned

Gov. Chet Culver this week announced awards of more than $181.6 million that will help fund the construction of 1,597 affordable housing units.

The Iowa Finance Authority (IFA) allocated $160.7 million in low-income housing tax …

DSC 6869

Rasmussen Center recognized

Grand View University’s Rasmussen Center for Community Advancement Professions was named a runner-up in the Smartest Building in America Challenge, in which judges consider criteria such as the use of Apogee or Talon building automation …

DSC 6869

MHEG finds investors for Cedar Rapids project.

Community Housing Initiatives Inc. and Affordable Housing Network Inc. have partnered to acquire Sugar Creek Bend LLLP, a new development that will include the construction of 20 single-family homes in Cedar Rapids. Midwest Housing Equity …

DSC 6869

Whirlpool Corp. to expand in Tennessee

Whirlpool Corp. announced plans to build an approximately 1 million-square-foot manufacturing facility for built-in, premium cooking products in Cleveland, Tenn. The new operation in the LEED-certified facility will replace a 100-year-old manufacturing plant in that …

DSC 6869

Connecting a missing development link


R&R Realty Group and the city of Urbandale are considering a development plan that could lead to the extension of a street that city leaders consider key to commercial growth.

The Urbandale Planning and Zoning …

DSC 6869

Des Moines property sells for $26K above asking price

An industrial property on Des Moines’ northeast side has sold for $26,000 more than its listed price.

On Aug. 11, Seabass Realty LLC, a real estate investment group managed by Jeff Greteman, paid $425,000 for …