Greater Des Moines Building Boom: A Glimpse into the Future of Growth
Construction activity in the Greater Des Moines (DSM) area continues at a robust pace, with October seeing over $157 million in building permits issued. This surge isn’t just about current projects; it signals broader trends shaping the region’s economic landscape. From workforce development to housing demands, the latest permits offer a window into what’s coming.
Investing in Tomorrow’s Workforce: The Rise of Skilled Trades Education
The significant investment in Des Moines Area Community College’s (DMACC) new Trades and Industry Center ($25.5 million) and dental building ($5 million+) is a clear indicator of a growing emphasis on skilled trades education. These projects aren’t simply upgrades; they’re strategic responses to a critical workforce shortage.
Nationally, the skilled trades face a looming crisis. According to the Deloitte 2024 Manufacturing Outlook, the US could face a skills gap of 2.1 million workers by 2030. DMACC’s expansion, replacing outdated facilities from the 1960s, aims to address this locally by increasing capacity and modernizing training. The inclusion of a Ford Training Center within the new center highlights the demand for specialized skills in advanced manufacturing and automotive technology.
Pro Tip: Businesses should proactively partner with educational institutions like DMACC to develop apprenticeship programs and ensure curriculum aligns with industry needs. This collaborative approach is crucial for building a sustainable talent pipeline.
Healthcare Expansion: Meeting Growing Regional Needs
The new DMACC dental building, designed to increase enrollment capacity by 25%, reflects the ongoing expansion of healthcare services in the DSM area. This growth is driven by a combination of factors, including an aging population and increased access to healthcare coverage.
Similar expansions are happening across the state. MercyOne Des Moines recently completed a $75 million expansion of its cancer center, and UnityPoint Health – Iowa Methodist is planning a significant investment in its emergency department. These projects demonstrate a commitment to providing advanced medical care locally, reducing the need for patients to travel to larger cities for specialized treatment.
Addressing the Housing Crunch: Multifamily Developments Lead the Way
The Loop apartments and townhomes in Urbandale ($39 million permit) are part of a larger trend of multifamily development in the DSM area. Developers like Caliber Co. are responding to a persistent housing shortage, particularly in the rental market.
The Loop’s design – a four-story brick and glass building with underground parking and commercial space – mirrors successful projects like The Standard and West Light, indicating a preference for mixed-use developments that offer convenience and lifestyle amenities. This trend is fueled by demographic shifts, with more young professionals and empty nesters choosing to rent rather than own.
Did you know? The demand for rental housing in the DSM area has been consistently strong, with vacancy rates remaining low despite a surge in new construction. This suggests that the market can absorb a significant amount of new supply.
Beyond the Headlines: Emerging Trends in Commercial Construction
While large-scale projects like those at DMACC and The Loop grab headlines, several other trends are shaping the commercial construction landscape in DSM:
- Sustainability: Increasing demand for green building practices and energy-efficient designs.
- Adaptive Reuse: Repurposing existing buildings rather than constructing new ones, driven by cost savings and environmental concerns.
- Technology Integration: Incorporating smart building technologies to improve efficiency, security, and tenant experience.
FAQ: Building Permits and DSM’s Growth
- What is a building permit? A building permit is official approval from a local government to proceed with a construction project.
- Why are building permits important? They ensure projects meet safety standards and comply with zoning regulations.
- Where can I find more information about building permits in DSM? Visit the Business Record’s interactive map or the spreadsheet of commercial building permits.
- What does this construction activity mean for the DSM economy? It signals economic confidence and creates jobs in the construction industry and related sectors.
The current building boom in Greater Des Moines isn’t just about bricks and mortar; it’s a reflection of a dynamic and growing region investing in its future. By focusing on workforce development, healthcare expansion, and housing solutions, DSM is positioning itself for continued success in the years to come.
Explore more: Read our latest coverage on economic development in Iowa and the future of work.
