July 12, 2011 – We are excited to announce that the City Council of Des Moines has agreed to sell Nelson Foutch Joint Ventures the historic Des Moines Building at 405 Sixth Avenue, in downtown Des Moines. This building is a key piece of downtown Des Moines’ redevelopment and will simultaneously increase the number of urban rental units while decreasing vacant office space inventory. Further details are included in the Des Moines Register’s summary of the project.
Plans for the building include 145 market-rate apartment units, two floors of commercial space, and creation of a “pocket park” to highlight a new restaurant and outdoor projection and sculpture area (pictured at left).
Nelson Foutch Development is honored to have been selected by the City Council of Des Moines to breathe new life into this great structure. We would also like to thank City staff and all those involved in the proposal process for their time and effort.
Be sure to visit our site again for update renderings, project developments, and news regarding this project.