Downtown Development
In a time when many cities seem to be stuck in neutral, Downtown Des Moines (DSM) is experiencing an unparalleled growth spurt. In the past 10 years, $3 billion has been invested in the capital city, with an average of 40 ongoing development projects happening at any given time. It’s thanks to numbers like these that WalletHub ranked DSM as a Top 10 Best State Capital to Live in 2019.
Learn more about how Downtown DSM’s business climate, incentives program and recent development projects make it one of the most attractive cities in the country for development and could make it the place for your business.
Recent Projects
Over the past decade, Downtown Des Moines (DSM) has experienced a renaissance, booming with vibrant business and culture. On average, there are 40 ongoing development projects happening at the same time. Take a look at how Downtown DSM has evolved:
FOURTH + COURT
Residential |
$30 MILLION |
BICI FLATS
Residential |
$17.5 MILLION |
CITYVILLE PHASE III
Residential |
$17.4 MILLION |
CLEMENS BUILDING
Residential |
$14 MILLION |
COLLEGE HILL
Residential |
$18 MILLION |
CONFLUENCE ON 3RD
Residential |
$40 MILLION |
EAGLE VIEW LOFTS
Residential |
$15 MILLION |
EAGLE VIEW ROWHOMES
Residential |
$5 MILLION |
FELIX APARTMENTS
Residential |
$17 MILLION |
JACKSON CROSSING
Residential |
$40 MILLION |
R&T LOFTS
Residential |
$35 MILLION |
WILKINS BUILDING
Residential |
$18.7 MILLION |
7TH AND GRAND PARKING GARAGE
Commercial |
$28 MILLION |
MAINFRAME STUDIOS
Commercial |
$11.2 MILLION |
EMC INSURANCE COMPANIES
Commercial |
$39 MILLION |
FEDERAL HOME LOAN BANK
Commercial |
$25 MILLION |
GRAY'S LANDING OFFICE BUILDING
Commercial |
$15 MILLION |
KRAUSE GATEWAY CENTER
Commercial |
$151 MILLION |
MERCY MEDICAL CENTER TOWER
Commercial |
$500 MILLION |
PRINCIPAL
Commercial |
$284 MILLION |
GLOBAL ATLANTIC
Commercial |
$12.9 MILLION |
COGNIZANT
Commercial |
$4.5 MILLION |
IOWA EVENTS CENTER HOTEL
Hotel |
$105 MILLION |
HOTEL FORT DES MOINES
Hotel |
$37 MILLION |
AC HOTEL BY MARRIOTT
Hotel |
$18.5 MILLION |
COWLES COMMONS
Civic |
$12 MILLION |
POLK COUNTY COURTHOUSE
Civic |
$75.7 MILLION |
WALNUT STREET STREETSCAPE
Civic |
$4.5 MILLION |