Des Moines expected to take control of former Dico site this week How the site is redeveloped depends on whether state incentives are provided Monday, May 24, 2021 10:59 AM The former Dico Inc. property sits south of West Martin Luther King Jr. Parkway. Photo by Duane Tinkey Later this week, the city of Des Moines is expected to take possession of a 43-acre site on the southwest edge of downtown that for years has been an embarrassing eyesore. The former Dico Inc. property at 200 S.W. 16th St. is expected to be transferred to the city of Des Moines on Thursday. The contaminated site has been unused for more than 25 years as the property’s owners fought the federal government over cleanup costs and other issues.