- Associated Press - Friday, October 17, 2014

DES MOINES, Iowa (AP) - An Indianapolis-based development firm plans to convert the former Des Moines Register Building into apartments.

The Des Moines Register reported (https://dmreg.co/1wbkkhr ) Friday that The Whitsett Group wants to begin a $36 million renovation of the downtown building around March 2015. The 96-year-old building has been empty since spring 2013, when the media company moved to another downtown office.

Work to transform the former newspaper office into 164 apartments with additional space for offices, meeting rooms and retail would be finished in summer 2016, under The Whitsett Group’s plans.

Financing of the project would include government tax credits.

The developer has a contract to buy the building but a purchase prices wasn’t disclosed.

The company also plans a renovation of the former Indianapolis Star Building. Both newspapers are owned by Gannett.

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Information from: The Des Moines Register, https://www.desmoinesregister.com


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