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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 have 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 Fortune magazine ranked DSM as the #1 Up-And-Coming Downtown in America in 2014.

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. See how leaders are helping to improve Downtown DSM mobility with the Connect Downtown Initiative.

Here’s a look at the momentum the region is experiencing from The Partnership’s perspective: 

Recent Projects 

Over the past decade, Downtown Des Moines (DSM) has experienced a renaissance, booming with vibrant business and culture. Thanks to the more than $3 billion invested in the development of Downtown DSM, the community is full of growth and change. 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
BLACKBIRD INVESTMENTS TOWER
Residential 
$85 MILLION 
CITYVILLE PHASE III
Residential 
$17.37 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
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