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Des Moines council approves selling city-owned land for $11.1M Tuesday, January 26, 2021 11:08 AM The Des Moines City Council this week approved selling 14.1 acres the city owns around East Fourth and East Market streets to a consortium of developers who plan to redevelop the light industrial area. The 6-0 vote came after the council heard four speakers question the relationship between the development group, which includes James Cownie’s JSC Properties, and Mayor Frank Cownie. The two Cownies are distant cousins. “Basically, everyone on the council is in some ...

City-owned land in Market District appraised at $11.1 million Property to be sold to development group proposing to redevelop 39-acre area Friday, January 15, 2021 3:30 PM District Developer LLC, a consortium that includes developer James Cownie’s JSC Properties, MidAmerican Energy Co. and other local developers, plans to redevelop 39 acres of the Market District, a 260-acre area roughly between East Court Avenue and Scott Avenue and between Southeast Fourteenth Street and the Des Moines River. Architectural rendering provided by JSC Properties The 14.1 acres owned by the city ...