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Top News In நெல்சன் கட்டுமானம் வளர்ச்சி Today - Breaking & Trending Today

Construction of new apartments slowed in 2020


Construction of new apartments slowed in 2020
The Des Moines area saw just 1,084 added to the market last year, 53% less than the five-year average
Friday, February 19, 2021 6:00 AM
Construction of new apartment units in Greater Des Moines slowed in 2020 as developers paused to assess the pandemic’s effect on material costs and whether there was demand for new multifamily housing.
Just 1,084 new units were added to the market in 2020, 53% below the five-year average of new unit additions, a recent market survey from CBRE|Hubbell Commercial shows. In 2019, 2,317 new units were added in the Greater Des Moines area, according to a past survey. ....

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PROJECT UPDATE: 25th Street and University Avenue






Work is progressing on an apartment and commercial project on the southeast corner of 26th Street and University Avenue ....

Kathya Bolten , Nelson Construction Development , Nelson Construction , நெல்சன் கட்டுமானம் வளர்ச்சி , நெல்சன் கட்டுமானம் ,

New Drake neighborhood hotel open for business


New Drake neighborhood hotel open for business
Friday, December 18, 2020 4:41 PM
A view of the newly opened Home2 Suites by Hotel and retail space in the 2600 block of University Avenue. Photo by Kathy A. Bolten
The hospitality industry has been among the hardest hit during the pandemic.
Yet that didn’t dissuade a development group from moving forward with opening a 124-room Home2 Suites by Hilton at 2650 University Ave.
As a developer and owner, we’re playing the long game, said Alexander Grgurich, director of development and chief operating officer with Nelson Construction & Development. We saw the potential in the Drake Neighborhood pre-pandemic and we believe, post-pandemic, its potential will get even better. ....

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