Both downtown DSM and metro continue to roll

[capitalcityguy]

Continuing my regular drumbeat on the forum of , “what is good for Des Moines is good for Ames/Iowa State” (both in terms of recruiting as well as retaining alumni post-graduation), here is some recent positive Des Moines’ related news demonstrating how well things are going.

First article on explosion of housing units downtown. 2nd one on Mid-year housing permits showing DSM metro beating out much larger metros (e.g…1.5 million+ metros like Cincy and Milwaukee), not to mention our neighbor to the west, Omaha :

More than 2,300 units planned in downtown Des Moines

Joel Aschbrenner, [email protected]12:12 p.m. CDT August 5, 2016


The rental market has boomed in recent years. Now, the biggest flood of new apartments downtown has ever seen will put the market to the test.

STORY HIGHLIGHTS

· More than 2,300 apartments are scheduled open around downtown Des Moines in the next year.

· Never before have so many housing units opened in such a short period in the city's core.

· Developers say they can fill the apartments; there is strong demand for downtown rentals.

· But some are concerned that an apartment bubble could be forming.

An unprecedented wave of apartments is about to hit downtown Des Moines.

More than 2,300 rental units are scheduled to open in the next year alone in and around the city's core, a Des Moines Register analysis shows. That represents a more than 40 percent increase in downtown’s housing stock. And another 1,400 downtown apartments a…

Read more: http://www.desmoinesregister.com/st...0-units-planned-downtown-des-moines/86573948/





Housing Permits as of June 2016 YTD


Columbus, OH 3890

Oklahoma City,* OK 3805

Detroit-Warren-Dearborn, MI 3775

Boise City,* ID 3661

Baltimore-Columbia-Towson,* MD 3588

Indianapolis-Carmel-Anderson, IN 3502

Sacramento--Roseville--Arden-Arcade,* 3468

Charleston-North Charleston,* SC 3399

Virginia Beach-Norfolk-Newport News, 3393

Des Moines-West Des Moines, IA 3299

Myrtle Beach-Conway-North Myrtle Beac 3051

Cincinnati, OH-KY-IN 2903

San Jose-Sunnyvale-Santa Clara,* CA 2675

Richmond, VA 2627

Cape Coral-Fort Myers,* FL 2619

Provo-Orem, UT 2562

McAllen-Edinburg-Mission,* TX 2532

Greenville-Anderson-Mauldin, SC 2498

Durham-Chapel Hill,* NC 2467

Madison, WI 2445

Colorado Springs,* CO 2423

Louisville-Jefferson County, KY-IN 2342

Columbia,* SC 2263

Lakeland-Winter Haven, FL 2124

Omaha-Council Bluffs, NE-IA 2107

Milwaukee-Waukesha-West Allis,* WI 2027

Naples-Immokalee-Marco Island, FL 1996

Memphis, TN-MS-AR 1925

 

[JP4CY]

Atleast they brought up parking. DSM downtown available parking is awful.

 

[Splendid]

58000 new residents since 2010, holy smokes!

 

[besserheimerphat]

Yeah, but will any of them be on cul-de-sacs and within 10 minutes of a big box store?

 

[EnhancedFujita]

Housing Permits as of June 2016 YTD

I'm curious where this list came from and what the criteria is for forming it. It's good news for the metro to be getting more growth than other metros, but why this group of cities. Was it a list of cities under a certain population? Or a list of all metros with the most building permits pulled?

 

[canker2323]

I'm curious where this list came from and what the criteria is for forming it. It's good news for the metro to be getting more growth than other metros, but why this group of cities. Was it a list of cities under a certain population? Or a list of all metros with the most building permits pulled?

The data comes from census.gov.

It is a list of comparable cities. Nothing in Iowa is coming close to Dallas, Houston, Atlanta, etc...

 

[capitalcityguy]

yes, the list is meant to show somewhat comparable sized metro's.

 

[Freebird]

I had heard that there are two or three new high rises planned for downtown? Does anyone know if this is still true? Any details? How is the walnut st redevelopment coming?

 

[capitalcityguy]

I had heard that there are two or three new high rises planned for downtown? Does anyone know if this is still true? Any details? How is the walnut st redevelopment coming?

Anytime a high-rise is proposed anywhere, nothing is ever for sure until they start digging. That said, they are all still a go as of now.

www.urbandsm.com is best source I know to keep up-to-date on developments in Des Moines, the metro, and rest of Iowa for that matter. Work continues on the streetscape for Walnut St. It is not open yet and no major retailers announced yet. That said, given two of the towers are proposed within blocks of each other on Walnut, that will go a long way in getting this street active again if those get built.

Blackbird Investments Tower (not named):
http://urbandsm.com/downtown/blackbird-investments-tower

Miesblock:
http://urbandsm.com/downtown/miesblock

The Fifth:
http://urbandsm.com/downtown/the-fifth

Walnut St Streetscape:
http://www.urbandsm.com/downtown/walnut-street-streetscape

 

[capitalcityguy]

Well, one tower appears to be on very solid footing. Probably didn’t hurt for local Blackbird Investments to partner with a Chicago developer, CA Ventures.

Justin Doyle, a partner in Blackbird Investments, said he is "100 percent" confident the tower will be built.

“It’s already in the bag,” he said.

Most current version lost 3 floors from prior proposal, but is larger overall and upgraded in several ways…including cost.


This could break ground as earlier as November…

The hanging pool

On the 26th floor, the building will feature a cantilevered pool that hangs over the edge of the building.

It will jut out about 11 feet from the building's west edge. The pool walls will be constructed with glass so brave swimmers can look through the water down at the city below.

Here is full story in the Reggie:

http://www.desmoinesregister.com/st...-skyscraper-wants-break-ground-fall/89749480/

 

[brianhos]

Atleast they brought up parking. DSM downtown available parking is awful.

It is way better than it used to be.

 

[ribsnwhiskey]

Well, one tower appears to be on very solid footing. Probably didn’t hurt for local Blackbird Investments to partner with a Chicago developer, CA Ventures.






Most current version lost 3 floors from prior proposal, but is larger overall and upgraded in several ways…including cost.


This could break ground as earlier as November…

Here is full story in the Reggie:

http://www.desmoinesregister.com/st...-skyscraper-wants-break-ground-fall/89749480/

No. Nope. No ******* way!

 

[capitalcityguy]

Recent DSM Register article updating what to expect for downtown in 2017. Highlights:

Downtown’s apartment boom is expected to draw thousands of new residents to the heart of the city.
More than 2,300 new downtown apartments are scheduled to open before the end of 2017, increasing downtown’s housing stock by more than 40 percent

10 things that will reshape downtown Des Moines in 2017

 

[DSMCy]

Bumping an old thread rather than start a new one..

Anyone else see they are building a Porsche dealership in WDM off of Jordan Creek Parkway and I-80?
I noticed late last year they started building something there and just recently saw the Porsche sign installed
Looked like it was announced last year that Woodhouse is bringing it back to the metro

Porsche dealership on track to open in West Des Moines in 2025

Woodhouse has been planning the dealership since at least 2022, when it presented plans to the West Des Moines Board of Adjustment.

www.desmoinesregister.com

 

[Sigmapolis]

Bumping an old thread rather than start a new one..

Anyone else see they are building a Porsche dealership in WDM off of Jordan Creek Parkway and I-80?
I noticed late last year they started building something there and just recently saw the Porsche sign installed
Looked like it was announced last year that Woodhouse is bringing it back to the metro

Porsche dealership on track to open in West Des Moines in 2025

Woodhouse has been planning the dealership since at least 2022, when it presented plans to the West Des Moines Board of Adjustment.

www.desmoinesregister.com

I come in or out of that interchange roughly every other day.

 

[chuckd4735]

Atleast they brought up parking. DSM downtown available parking is awful.

Parking is not bad...sometimes you just cant park in the immediate vicinity of your location. We overpark as a country because people don't like to walk.

 

[beentherebefore]

Parking is not bad...sometimes you just cant park in the immediate vicinity of your location. We overpark as a country because people don't like to walk.

Totally agree. Compare DSM parking with other cities (Chicago, Minneapolis), and parking downtown is a breeze......and fairly inexpensive.

 

[4theCYcle]

Bumping an old thread rather than start a new one..

Anyone else see they are building a Porsche dealership in WDM off of Jordan Creek Parkway and I-80?
I noticed late last year they started building something there and just recently saw the Porsche sign installed
Looked like it was announced last year that Woodhouse is bringing it back to the metro

Porsche dealership on track to open in West Des Moines in 2025

Woodhouse has been planning the dealership since at least 2022, when it presented plans to the West Des Moines Board of Adjustment.

www.desmoinesregister.com

Yeah, I saw this awhile back and kinda raised an eyebrow at it.

 

[4theCYcle]

Totally agree. Compare DSM parking with other cities (Chicago, Minneapolis), and parking downtown is a breeze......and fairly inexpensive.

So true. All you have to do is compare ramp rates to what they are when you stay at a hotel in Miami, New York, Chicago etc. Parking can get up to $40 a night there. I understand they're trying to deter people, but whoa.

 

[cayin]

Des Moines is finally getting a tower, crane is up.