Real Estate and Development

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NOTABLE TRANSACTIONS: Residential property valued at over $1 million sold in Bondurant

Kerry and Marcia Azbell paid Darrell and Kristy Henning just over $1 million for property at 6690 N.E. 119th Place in Bondurant, Polk County real estate records show. The 3.1-acre parcel includes a one-story, 2,295-square-foot house …

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JLL completes office expansion to Prairie Trail in Ankeny

Real estate brokerage firm JLL has opened an office in The District at Prairie Trail in Ankeny, allowing its team to expand its presence in the region, officials with the firm said in a news …

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Work begins on 2 row house developments in Des Moines; the projects will fill a void in the the market, developer says

Developer DEV Partners saw a need in the multifamily market for a residential rental product for consumers who didn’t want to live in large apartment complexes but who either couldn’t afford or weren’t ready to …

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City officials set sights on what’s next for Johnston Town Center

The next phases of the Johnston Town Center development could begin next year, continuing the project to create a town square environment that includes a new city hall building and a new GrandStay Hotel that …

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Report: Des Moines has competitive rental market

The Greater Des Moines area is one of the 20 most competitive small rental markets in the U.S., with an average of 12 prospective renters competing for each vacant apartment unit in the area, a …

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Proposed affordable housing project receives $400,000 loan

Alley Landing, a 40-unit apartment project proposed at 2701 Douglas Ave., will receive a $400,000 no-interest loan from the federal government to help pay for the $13.2 million project under action approved by the Des …

4201 Corporate Dr West Des Moines IA

NOTABLE TRANSACTIONS: Office buildings in West Des Moines sold for $3.79 million

Kavi Ventures LLC, located in West Des Moines, paid Lifespace Communities Inc. $3.79 million for property at 4201 Corporate Drive in West Des Moines, Polk County records show. The 3-acre parcel includes two, one-story buildings connected …

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Ankeny to address commercial development along South Ankeny Boulevard

The city of Ankeny is launching a plan to revitalize South Ankeny Boulevard from First Street to Oralabor Road to create a commercial district that will be sustainable and complement those vibrant shopping areas on …

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Grimes’ Hope District continues to evolve

The groundbreaking of a new Tru by Hilton hotel this week marked the next phase of development of Grimes’ Hope District, a multiuse development that includes the GrimesPlex sports facility.

This image shows the design…
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Stanley family, Hawkeye Hotels receive architectural awards

The Stanley family of Muscatine and Coralville-based Hawkeye Hotels are the 2024 recipients of the Community Enhancement Awards from the Iowa Architectural Foundation, according to a news release. The foundation each year honors people and …