CONTINUING COVERAGE: FLOODS OF 2016

Development Turning Downtown Des Moines into Boomtown

DES MOINES, Iowa – The landscape of downtown Des Moines is changing but everywhere you look there’s a familiar sight – the signs of construction

“We are literally building our city’s core right now,” said Tiffany Tauscheck, with the Greater Des Moines Partnership.

Des Moines is going through one of the biggest building booms in the history of the city. The most recent finalized figure was that over almost $600 million was being invested into construction projects. That number is up from 2015, when $586 million was spent on construction. The previous high for new construction was in 2007 with $469 million worth of projects.

“The word is out there throughout the country that Des Moines is a hopping place and they want to be a part of that," said Des Moines City Council Member Christine Hensley, in an interview with WHO-TV in late 2015.

If you take a look downtown you’ll see just how busy it is for construction. There were 19 commercial and retail developments that finished work. There are 20 projects underway right now downtown. Finally, there are 13 projects in the works and seven of them are in the East Village alone.

“This is incredibly exciting,” said Tauscheck. “This development is something we will all remember and something we will continue to celebrate.”

Tauscheck says there are big projects coming that should excite people downtown. Hy-Vee is moving in to downtown with a new location under construction on Court Avenue. Kum and Go is moving its headquarters to 15th and Grand Avenue. There is also a new 300-room hotel being built next to the convention center.

The upgrades are sparking demand for more downtown housing.

“We are seeing more and more individuals move downtown. We have more than 3,500 residential units coming on board downtown by this springs,” said Tauscheck.