Site at a Glance
Site Name: Timmins Industrial Park
Zoning: M-1 Limited Industrial
Site Designation: DSM RFI Ready, Phase 1 Environmental Study Complete, State Certified Program
Wastewater Infrastructure: No
Electric Infrastructure: Adjacent to Site
Natural Gas Infrastructure: No
Transportation Infrastructure: Distance to 4-Lane Highway: 3 miles
Distance to Interstate: 1.75 miles
Direct Rail Access: No
Nearest Major Air Hub + Travel Time: Des Moines International Airport; 31 minutes
Site Information
Sprawling 188.78 acres approximately 14 miles northeast of Downtown Des Moines (DSM), you’ll find the certified site Timmins Industrial Park (6555 NE 88th Street, Bondurant). Zoned for M-1, or light industrial. Electricity and natural gas needs can be coordinated with MidAmerican Energy Company, and water and sewer access can be provided to-suit with the City of Bondurant. The nearest four-lane highway is within two miles. The nearest interstate is Interstate 80, which is also within two miles, and the site has the potential for a future direct access point to Interstate 80. The Ankeny Regional Airport is a 10-minute drive from the site, and the Des Moines International Airport is a 31-minute drive.
Iowa is a pro-business state, as evidenced by tax exemptions for the advanced manufacturing sector: No sales, use or property tax on machinery or equipment; no sales tax on electricity or natural gas used in the manufacturing process; no corporate income tax on profits from outside Iowa; and a refundable 6.5% tax credit for R&D activities.
Additionally, businesses can consider targeted business and industry incentives with potential access to city, state and federal dollars, to be determined by alignment of the project and industry sector. Increment Financing (TIF) and other property tax exemptions may be an option, and the City of Bondurant often partners with large commercial and industrial projects to fund and deliver needed improvements to infrastructure.
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Why DSM USA?
The Greater Des Moines region boasts a strong business climate, with business-friendly tax policies, a cost of doing business that’s 14% lower than the national average (Moody’s Analytics) and a labor force participation rate of 70%. Forbes ranks Greater Des Moines as a top 10 place for business and careers and the U.S. Census data shows that Greater Des Moines is the fastest growing major metro in the Midwest.
About DSM RFI Ready
DSM RFI Ready sites meet rigorous documentation requirements and have been evaluated by economic development practitioners to ensure site selection consultants and corporate real estate executives can readily access the data needed to drive decisions.
Grow in Greater Des Moines
The Greater Des Moines Partnership is the Greater Des Moines region's economic and community development organization. Working with The Partnership gives businesses a single point of contact to learn about doing business in the region. The Partnership economic development team offers expert business support in a number of areas. Get a full report on this site and learn more about building your next big thing in DSM.
Tiffany Louk | Director of Economic Development
(515) 286-4903
tlouk@DSMpartnership.com