Economic Development Momentum: TPI, Lauridsen Skatepark, Nelson Development
Learn about major economic development projects that have recently advanced in Greater Des Moines (DSM).
The Printer Inc., also known as TPI, is planning a $12.8 million expansion that includes a new 75,000-square-foot facility at 2550 Gannett Ave. in Des Moines. TPI is a 45-year-old DSM company that in recent years has focused on direct-mail products for the gambling industry. Additionally, the company works with medical device and equipment providers, veterinary operations and the hospitality industry. This project has been awarded High Quality Jobs tax benefits from the Iowa Economic Development Authority. The project is expected to create 15 new jobs.
The regional skatepark taking shape along the Principal Riverwalk in Downtown DSM has received major funding from the corporate community with more than $2.4 million in donations. The world-class Lauridsen Skatepark is expected to spur development along the Riverwalk. The 65,000 square-foot skatepark would be one of the largest in the country and could attract around 40,000 visitors each year, in addition to major events.
Nelson Development plans to open a 399-stall parking garage in Historic East Village in Downtown DSM as part of a project to turn a parking lot into a five-story apartment building with retail and office spaces. The $11.4 million parking garage will be three stories tall and the apartment building will have 105 units and 36,000 square feet of commercial, retail and office space.
Learn more about recent development projects in DSM.
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