NOTICE OF PUBLIC HEARING
The City Council of the City of Des Moines, Iowa, will hold a public hearing on August 3, 2026, at 5:00 p.m. in the Council Chambers at City Hall, 1200 Locust Street, Des Moines, Iowa, to consider the proposed Thirty-Eighth Amendment to the Urban Renewal Plan for the Metro Center Urban Renewal Area (hereinafter referred to as the "Plan"). The Metro Center Urban Renewal Area encompasses an irregularly shaped area that includes the downtown core and the areas surrounding the downtown core.
The purpose of the proposed Thirty-Eighth Amendment is to:
Approve the provision of financial assistance from tax increment revenues in the Metro Center Urban Renewal Area for the employment, job creation/retention assistance, redevelopment, renovation, and/or improvement of:
JDS Real Estate Investments LLC / 108 3rd Street – Rehabilitation of a 33,540-square-foot office building
--Iowa Soccer Development Foundation, Inc. Lease Agreement
--Iowa Soccer Development Foundation, Inc. Grant Agreement
OpenLoop Health, Inc.
--Termination of Iowa Economic Development Authority (IEDA) contract under the High Quality Jobs (HQJ) Program
--Approval of First Amendment to the Development Agreement
Ruan Redevelopment Partners, LLC / 601 Locust Street – First Amendment to the Development Agreement for conversion of an existing office building to a 221-unit multi-family residential building
Restore the Core DSM: Ground Floor Activation Program – A matching grant program designed to incentivize occupancy and activation of chronically vacant ground floor commercial spaces within the core business district downtown.
Threshing Warehouse, LLC / 108 SE 4th Street – Historic renovation of the existing 2-story warehouse building into office space
and to include these new projects and material amendments to existing projects and updated text for other previously-approved projects in the amended and updated Appendix C --Approved Economic Development and Redevelopment Activities.
Update the Financial Condition Report to reflect the new projects and material amendments to existing projects incorporated in Appendices C and D.
Amend and update Appendix D – Approved Public Improvement, Street and Parking Projects to update annual funding amounts for:
Principal Park Improvements
Update Maps 4.1 and 5.1 to designate additional parcels for acquisition and disposition for redevelopment.
A copy of the proposed Thirty-Eighth Amendment is on file and available for public inspection in the office of the City Clerk.
Any person or organization desiring to submit written material regarding this issue may direct such written material to the Office of the City Clerk, City Hall, 1200 Locust Street, Des Moines, Iowa 50309, prior to the start of the City council Meeting on August 3, 2026 at 5:00 p.m.
CITY OF DES MOINES, IOWA
By: Connie Boesen, Mayor
ATTEST: Laura Baumgartner, City Clerk
Published in the Des Moines Register on July 22, 2026.
July 22 2026
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