Construction is in full swing on The Shoppes at Prairie Crossing site as New England Development moves towards an October 2017 opening date for the Outlets of Des Moines.
“The national interest and local buzz around Outlets of Des Moines has been incredible,” said Mike Barelli, Vice President for New England Development. “With steel erection well underway, prospective retailers, business leaders and community supporters are engaging in and rallying around the potential opportunities this project will create. And with such strong interest, we believe providing a bird’s eye view of the construction progress via Webcam will be exciting and appreciated.” Full Press Release
Video: In its special series, “Healthy, Wealthy, Wise,” TODAY reveals Iowa’s capital city, Des Moines, is the wealthiest U.S. city. In recent years, it’s has been declared the best place for business by Forbes, and one of America’s most productive cities by the Martin Prosperity Institute. NBC’s Kevin Tibbles reports.
Forbes: Des Moines No. 1 city for young professionals
Des Moines is the best city for young professionals, according to Forbes magazine. The magazine today released its “America’s Best Cities for Young Professionals” list, which ranked Des Moines at No. 1. Forbes said the city has a higher concentration of big businesses (1 for every 568 residents) than any other city assessed. Forbes noted that a number of established companies in the area are expanding, and Des Moines is also attracting start-ups and companies relocating from the coasts. The city’s 5.8 percent unemployment rate was the sixth-lowest of the 100 cities Forbes studied. This is the first time Des Moines has been ranked No. 1 on the list. To see the full article, click here.
Des Moines is tied for the fifth-lowest average unemployment rate since 2000, according to numbers from the U.S. Bureau of Labor compiled by bizjournals.com that measured the 100 largest metro areas.
From January 2000 to May 2011, Des Moines had a median jobless rate of 3.9 percent, behind only Madison, Wis., Honolulu, Washington, D.C., and Lancaster, Pa. Des Moines’ highest rate during that time has been 6.8 percent, and it has spent 109 of 137 months at 5 percent or less.