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New high rises and historical renovations planned for Iowa cities

June 27, 2016

New high rises and historical renovations planned for Iowa cities

Construction of new towers and historic renovations are underway in the downtowns of Iowa’s two most populous cities. New 32-story and 29-story towers could soon be added to the Des Moines skyline.

Developers are planning for the mixed use buildings to contain residential units, office and retail space, including a movie theater. At the same time, Iowa’s first skyscraper, built in 1923, is also undergoing a total renovation in the heart of Des Moines’ downtown.

Not to be outdone, Cedar Rapids developers are planning a 28-story tower downtown, which will be the tallest building in the city. Just a few blocks away, insurer United Fire Group is renovating a 10-story, 102-year-old building to use as office space.

These new projects are expressions of Iowa’s strong economy. The number of construction jobs in Iowa grew 13.5 percent last year, the second highest growth of any state. With a fiscally stable state government and balanced budget, Iowa provides a climate where businesses and developers can feel good about making sound, long-term investments.



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