DES MOINES, Iowa — Plans call for a proposed tower in downtown Des Moines to be even taller, growing from an earlier 32 floors to a currently proposed 39 floors.
The Des Moines Register reports plans recently submitted by developer Mandelbaum Properties to the city’s Urban Design Review Board have increased the height of the tower to 452 feet. That would make it Iowa’s third-tallest building, behind two other buildings in downtown Des Moines.
The cost of the project, which also includes a five-story office complex and an 11-story parking garage, is estimated at $170 million. The city will help the financing with tax breaks and forgivable loans.
The complex will include apartments, a hotel and movie theater.
Another developer plans to begin work this winter on a 26-story apartment building at Seventh and Walnut streets.
Information from: The Des Moines Register, http://www.desmoinesregister.com