Eldora
Eldora, IA · Real Estate
Axios
Long-vacant south Des Moines tract could become senior housing
Nelson Construction proposes a multiphase housing development on 12.4 acres behind the Aldi grocery store near Southeast 14th Street. Why it matters: The project could add affordable housing and activate long-vacant land contaminated by COTA Industries, a former paint and industrial-coatings plant cleaned up by the EPA in the 1990s.
iheart.com
Des Moines Housing Market Sees Steady Month of June
(Des Moines, IA) -- Despite an anticipated summer slowdown, the Des Moines area housing market saw a steady month of June. Overall, the market saw an increase in the number of active listings, closed sales, and the median sales price, as well as a decrease in the number of days homes spent on the market.
Des Moines Business Record
Report identifies benefits, risks of ‘lifestyle’ districts
Mixed-use districts that attract office, retail and residential development are drawing higher rents and higher occupancy rates than other areas in a community, according to a recent report released by JLL. The brokerage firm’s Lifestyle District 2026 report tracked data from 60 markets across the country and found that there...
The Des Moines Register
See Iowa's tallest residential tower as it tops out I Exclusive
After climbing up Des Moines' skyline for nearly a year and a half, Des Moines and Iowa's tallest residential tower has topped out. Construction crews on Thursday, July 9, stood atop the 347-foot-tall building, paying little attention to the vistas around them as they sprayed and smoothed the final concrete deck that will serve as the roof of 515 Walnut's 33rd and final story. Though there was no formal celebration to mark the moment, Joe Teeling, president of St. Joseph Group, 515 Walnut's developer, said topping out is an exciting milestone for the nearly $150 million project, now Des Moines' fourth-tallest building. "It's just one more step in knowing that this thing is going to get done," Teeling said. The tower, which will house 390 apartments, is the largest in Iowa since the state's tallest building, 801 Grand, reached its maximum height in January 1990, more than 36 years ago. 515 Walnut is only slightly less lofty than the also 33-story Des Moines Marriott hotel, which is about 13 feet taller. The Ruan Center across Seventh Street from the Marriott ranks second. Moving to fifth place is the Financial Center, which stands just 2 feet shorter than its new neighbor
Des Moines Business Record
Krause Group to demolish two buildings as part of redevelopment of Butler, Jefferson buildings
Demolition is expected to begin this week on two buildings as part of Krause Group’s redevelopment of the Jefferson and Butler buildings in downtown Des Moines. According to a news release, the buildings slated for demolition are at 1511 Grand Ave. and 515 16th St., which is a former Sherwin-Williams store. The removal of the buildings is an early step to support the redevelopment of the Jefferson and Butler buildings and create parking for the projects.
Axios
West Des Moines considers denser, more walkable neighborhoods
West Des Moines is considering a new zoning district that would let developers build denser, more affordable neighborhoods. Why it matters: Suburbs are known for their wide sprawl and huge backyards, but the new "blended neighborhood" district could create more entry-level homes in walkable neighborhoods. Flashback: The effort is part...
Des Moines Business Record
NOTABLE TRANSACTIONS: Homebuilder Lennar acquires more lots in Des Moines area
Lennar Corp., doing business as Lennar Iowa LLC, has acquired 12 residential building lots in West Des Moines, Polk County real estate records show. Lennar, the nation’s second-largest homebuilding company, paid Savanah Development LLC just over $1 million for the lots in Cross Creek, a plat in southeast West Des Moines.
Des Moines Business Record
Hubbell continues expansion in Omaha market
As Hubbell Realty Co. continues to grow and develop properties in the Des Moines metro, it is also growing its presence in the Omaha market, where it is developing industrial and multifamily projects as it expands its footprint outside of Iowa. The Business Record recently spoke with Kyle Gamble about...
mcknightsseniorliving.com
People in the news, June 30
LCS announces Tom Mathisen as senior vice president, chief development officer. Tom Mathisen will be the senior vice president and chief development officer at Des Moines, Iowa-based LCS, effective Oct. 1. He will succeed LCS Executive Vice President of Development Chuck Murphy, who has worked for more than 40 years...