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.
Site at a Glance
Site Name: Timmins Industrial Park
Zoning: M-1 Limited Industrial
Site Designation: DSM RFI Ready, Phase 1 Environmental Study Complete
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
Why DSM USA?
A logistical sweet spot near the junction of major Interstates 80 and 35, Greater Des Moines (DSM) has several advantages for advanced manufacturing and logistics businesses choosing to locate and expand here. And businesses find a strong pipeline for their manufacturing needs: There are 484 truck transportation establishments located here; the Des Moines International Airport includes a port of entry with on-site customs and USDA inspectors, as well as a 1.2 million-square-foot cargo apron; and DSM is a Foreign Trade Zone and part of the USMCA corridor. Boasting a cost of doing business 12% lower than the national average (Moody’s Analytics), companies can truly do something greater here in DSM.
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.
Find Greater Growth Here
Access the full data on the Timmins Industrial Park site in Bondurant and learn how your business can find greater growth here in DSM. Contact Alex Lynch, Economic Development Project Director, to get started. Email Alex.