• Land Development
    Hubbell helps shape communities across Des Moines
  • Commercial Development
    We are always developing with our communities in mind
  • Residential Development
    Building communities is at the heart of what Hubbell does

WE SHAPE COMMUNITIES

From the very first land purchase of our founder, F.M. Hubbell almost 160 years ago, to the work we do today, Hubbell has been a trusted partner in shaping communities throughout central Iowa. Hubbell Development creates Iowa's award-winning residential neighborhoods and commercial developments. We have successfully developed more than 30 single-family and 20 multi-family communities throughout greater Des Moines. Our extensive experience in commercial development includes multi-family, single family, retail, office, medical and industrial buildings and business parks. From site selection to managing the finished product, Hubbell Development is with you every step of the way.

The first step in achieving quality and value is to manage the development process; from land acquisition and planning to entitlements and lot preparation. You can trust our professional team to provide the full service package you have come to expect from Hubbell. That includes everything from investigating and analyzing investment land, securing governmental approvals, conducting construction progress meetings and working with partners including CBRE|Hubbell Commercial and Hubbell Property Management to lease and maintain your property.

 

What We Do


Dedicated to Providing Quality Services

 

SITE SELECTION

Hubbell Development Services studies investment land, choosing development sites based on careful analysis of parcel size, visibility, targeted area, traffic flow, overall access, environmental factors and budget.

 

DUE DILIGENCE AND ENVIRONMENTAL REVIEW

Our team makes informed decisions after studying soils, civil design and existing public infrastructure, attending neighborhood meetings, documenting environmental conditions, reviewing financial development modeling and understanding financial solutions.

 

SITE ACQUISITION

Hubbell Development Services completes all negotiations and contract documents through site acquisition.

 

DESIGN AND ENGINEERING

From water, storm and sanitary sewer, through electrical and gas lines, street lights and street paving, to phone and cable lines and entry features, and into erosion controls, park areas and clubhouses with pools, our master planning process takes into account all aspects of the investment land.

 

CONSULTANT AND VENDOR SELECTION

Our development partners include site contractors, civil engineers, landscape architects, architects, geotechnical engineers and erosion control contractors and inspectors. We’ve fostered extensive, effective working relationships with the area’s top vendors.

 

GOVERNMENT ENTITLEMENT PROCESS

Before we plat the land, we implement comprehensive plan changes and obtain proper zoning, subdivision and site plan approvals as part of the entitlement process. We have experience in obtaining and utilizing tax abatement and tax increment financing within development projects, as well as various additional funding approaches.

 

TAX CREDIT

We have extensive knowledge in several tax credit programs, including Low Income Housing Tax Credits, Federal and State Historic Tax Credits,  Workforce Housing Tax Credits and Sales Tax Rebates, and Redevelopment Credits.

 

FINANCING

We work through the entire financing process, from underwriting analysis to loan negotiation and legal review of loan documents and into various accounting services including billing, invoicing and account management.

 

SYNDICATION/EQUITY

Our team has a strong record of attracting and closing both private and institutional equity sources. Our relationships incluyde both local and national partnerships with a wide variety of equity sources and methodologies.

 

CONSTRUCTION

From infrastructure to new construction to historic rehabilitation projects, we handle all construction needs. We construct grading, roads, storm sewer systems, sanitary sewer, water, landscaping and entry features for all of our residential communities. In addition, we provide oversight and review services for our contractor partners.

 

BRANDING/MARKETING

Our team can create the overall brand and feel of your new development. A strong brand carries through the architecture, signage, logo and marketing of the development.

 

BROKERAGE

We have several options to market and sell and/or lease the finished project. Through our affiliation with CBRE|Hubbell Commercial, we list commercial land and properties, including industrial, retail, office and flex buildings.

 

PROPERTY MANAGEMENT

Our services continue beyond the finished product, extending to site, community building and asset management. We provide site management support including storm water inspections, mowing, street cleaning and trash removal. Once the development is placed in service, the Hubbell Property Management team can provide outstanding management services.

MEET OUR TEAM MEMBERS


Committed to the Highest Standards of Integrity

Steve Niebuhr

Senior Vice President, Development/Construction

Joe Pietruszynski

Vice President, Land Development

Kris Saddoris

Vice President, Development

Eric Bohnenkamp

Financial Analyst

Tim Portzen

Financial Analyst

Latest News


Key Communications from Hubbell Development Services

15
Sep

Hubbell Realty Company closes on Gray’s Station land, moves forward with site cleanup

Hubbell Realty Company closed on the land purchase for Gray’s Station on Thursday, September 14 and expects to begin clean up of the site by mid-next week.

13
Sep

KCCI: Nationwide worker shortage takes its toll on metro construction sites

A nationwide shortage in construction workers is taking its toll in Des Moines. The Bureau of Labor Statistics reported approximately 250,000 open construction jobs nationwide in June. Des Moines has one of the most noticeable shortages.

03
Aug

Business Record: D.M., Hubbell lay a plan to scrub former YMCA site from courthouse site list

The Des Moines City Council will vote Monday on a plan that could remove the site of the former Riverfront YMCA as the federal government’s prime location for a new courthouse.

24
Jul

KCCI: City leaders give unanimous approval to largest housing project in Des Moines history

The Des Moines City Council on Monday approved plans for a $250 million housing project -- the biggest in the history of Des Moines. Hubbell Realty will build Gray's Station in a wooded area south of W. Martin Luther King Parkway and SW 14th Street along the Raccoon River.

19
Jul

Business Record: Gray's Station gets a vote of approval; more needed

Hubbell Realty Co. got some good news Tuesday from a city of Des Moines panel that reviews big projects that are bound to receive some economic development incentives from the city.

06
Jul

Des Moines Register: Hubbell's Gray's Station would add a small city to downtown Des Moines

Hubbell Realty Co. is gearing up to break ground on downtown Des Moines’ biggest housing development yet — a project that will add the equivalent of a small city to the north bank of the Raccoon River.

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