Tale of Two Different Projects Planned for Same Downtown Site
DES MOINES, Iowa -- Hubbell Realty, the company that owns the land at the former site of the downtown Des Moines Riverfront YMCA, thinks the construction of a new federal courthouse on that property is bad for economic development downtown. “I think as a community member that the condo project, along with the restaurant, coffee shop, and cocktail lounge, offer the best vibrancy for our downtown, rather than a large, federal courthouse building," said Rick Tollakson, President and CEO of Hubbell Realty Company. "So, that’s just my opinion. I think our option’s the best, they want this as a preferred site, I’m not even sure I know what that means."