Iowa’s Longest-Standing Real Estate Leader

Hubbell Realty Company has been making bold moves in real estate for over 170 years, and we’re still changing the game. Just like our founder F.M. Hubbell, our vision isn’t just about building properties—it’s about building communities that last. It’s the same pioneering spirit that has guided Hubbell Realty Company as we’ve grown from a bold idea into a trusted name in development, construction, and property management.
Aerial view of an upscale brick office building featuring many windows and overlooking a body of water

Building on a Legacy Since 1856

1855

F.M. Hubbell arrives in Fort Des Moines, Iowa.

Historic black‑and‑white portrait illustration of F.M. Hubbell, shown in an oval frame.

1856

A 16-year-old F.M. Hubbell records his first 640-acre real estate transaction in Woodbury County, Iowa.

1866

Hubbell partners in establishing Des Moines’ first streetcar company.

Black‑and‑white historic photo of a streetcar stopped on a city street with several people standing beside it.

1867

Hubbell establishes Equitable Life Insurance Company, Iowa’s first and one of America’s leading financial services companies.

1871

Hubbell organizes Des Moines Water Company, siting a need for water quality improvements.
Historic photo of workers using shovels to clear debris near a horse‑drawn cart on a city street.

1881

Hubbell, among others, incorporates the Des Moines Union Railway Company.

Vintage black‑and‑white photograph of a steam locomotive with several individuals standing next to the train.

1900

Hubbell constructs and opens Hubbell Avenue in Des Moines ($95,000 in 1900; $3.6 million value today).

1913

The Hubbell Building was built and opened.

Black and white image of the first Hubbell building opened in 1913.

1919

The City of Des Moines buys Waterworks for $3.45 million.
Historic 1919 photo showing workers building a wooden bridge structure over a river as part of the Des Moines Waterworks.

1924

Hubbell establishes Equitable Life Insurance Company, Iowa’s first and one of America’s leading financial services companies.

Black and white image of the Equitable Building in 1924.

1930

F.M. Hubbell dies at the age of 91, leaving behind his legacy.

1972

The first Riverpoint Business Park building is opened at 401 SW 8th St.
The front of the first Riverpoint Business building.

1983

Jim Hubbell III is named President of Hubbell Realty Company.
Jim Hubbell

1985

Kaleidoscope at The Hub opens.

Kaleidoscope at The Hub

1986

The Hub Tower opens.
The front of the Hub Tower.

1993

Hubbell begins its first residential land development project in Ankeny.

1996

Hubbell & CBRE form a partnership, CBRE | Hubbell Commercial
CBRE and Hubbell Commercial logo.

1998

Hubbell Homes is established in Central Iowa.
Hubbell Homes logo.

2002

Hubbell opens a new headquarters in West Des Moines at 6900 Westown Parkway.
Hubbell new headquarters opening being celebrated by the Hubbell team cutting the ribbon in front of the new building.

2004

Rick Tollakson named President & CEO; Jim Hubbell III becomes Chairman of the Board.
Rick Tollakson and Jim Hubbell in front of the Hubbell headquarters.

2005

Hubbell establishes the first of six Conservation Communities.
A row of houses borders a large field filled with yellow wildflowers and tall prairie grasses in one of Hubbell's conservation community.

2005

Hubbell purchases Woodland Hills Golf Course, one of central Iowa’s oldest golf courses that first opened in 1928.

2006

Hubbell turns the Hubbell Building into 72 rental apartments, its first downtown housing development.
Hubbell building turned into rental apartments in downtown Des Moines.

2006

Hubbell completes its first ABC Extreme Makeover: Home Edition for an Iowa family in just 93 hours, spurring a philanthropic tradition.
Hubbell team after of completing their first ABC Extreme Makeover.

2007

Hubbell acquires developments and 1,800 apartments in Des Moines and Sioux Falls and establishes Hubbell Apartment Living (now Indigo Living).
Exterior of a multi‑story Hubbell apartment building with balconies, gray siding, red trim, and a landscaped lawn and walkway in front.

2007

Hubbell establishes an HOA management division, known today as HRC Association Management.

2008

Hubbell Construction Services was established.
Construction workers assemble the upper levels of a multi‑story building framed in wood, while a large crane lifts materials against a partly cloudy sky.

2009

Hubbell completes its second Hubbell Extreme Build: “9 Homes in 9 Days for 9 Families” alongside Anawim Housing in Des Moines.
Hubbell team in front of its second Hubbell Extreme Build: “9 Homes in 9 Days for 9 Families."

2013

Hubbell completes the third Hubbell Extreme Build: “Cabins for Campers” at Easterseals Iowa Camp Sunnyside.
Hubbell team in front of their third Hubbell Extreme Build: “Cabins for Campers” at Easterseals Iowa Camp Sunnyside.

2016

Hubbell joins the Skilled Trade Alliance & Academy as a founding member of the program aimed at young professional interest in skilled trades.
Two‑story suburban home with stone and siding exterior, three‑car garage, and a well‑lit front porch at dusk.

2017

Hubbell completes its fourth Hubbell Extreme Build: “Keeping More Families Close” alongside Ronald McDonald House of Central Iowa, a 17,000 square foot house for children battling cancer, or utilizing NICU/PICU.
The fourth Hubbell Extreme Build: “Keeping More Families Close” alongside Ronald McDonald House of Central Iowa.

2018

Hubbell donates its first $1 million gift to ICON Water Trails, a transformational regional project to activate, recreate and enhance Iowa’s waterways.
Illustrated aerial view of a section of ICON Water Trails featuring a prominent arched pedestrian bridge, surrounding green spaces, trails, and nearby buildings.

2019

Omaha-based The Home Company, The Land Company and Premier Land Title Company is acquired, joining Hubbell.
Two‑story modern home with gray siding, stone accents, large windows, and a landscaped front yard under a clear blue sky.

2019

Construction begins on the 75-acre Gray’s Station master planned neighborhood in downtown Des Moines.
Rendering of Grays Station showing modern multi‑story townhomes with landscaped walkways, nearby parking areas, and apartment buildings in the background.

2021

Hubbell Homes is awarded the National Housing Quality Award®, sponsored by Pro Builder magazine. It is the first Iowa-based homebuilder to receive this award.
A group of six Hubbell team members stand spaced out on the driveway and lawn in front of a modern single‑story home with stone and siding exterior.

2021

Hubbell Apartment Living rebrands to Indigo Living, enhancing focus on third party multifamily management practices in Iowa, Nebraska and South Dakota.
Indigo Living Logo.

2021

Hubbell completes its fifth Hubbell Extreme Build: “Care for Kids” at Easterseals Iowa Camp Sunnyside, doubling childcare capacity for those with and without disabilities.
Hubbell's completed fifth Hubbell Extreme Build: “Care for Kids” at Easterseals Iowa Camp Sunnyside.

2022

Origin Homes, a rural custom homebuilder, and Embarq Signature Homes, a high-end Central Iowa custom builder, are established.

2024

Hubbell completes its sixth Hubbell Extreme Build: “Homes of Hope” at On With Life for Iowans rehabilitating from brain and neurological injuries
Hubbell completed sixth Hubbell Extreme Build: “Homes of Hope” at On With Life.

2025

ICON Water Trails unveils Hubbell Trailhead, a major catalyst and access point in ICON’s ongoing water trail system.

2026

Kyle Gamble named President & CEO of Hubbell Realty Company; Rick Tollakson named Chairman of the Board of Directors.
Hubbell office lobby with tall wood-paneled walls, a central reception desk, lounge chairs, and a staircase leading to an upper walkway.

Build Your Future  With  Hubbell 

Join a company where people come first and community-building becomes more than a mission. Whether you’re just starting your career or looking to make a meaningful change, Hubbell offers paths for growth, purpose, and impact. Explore current opportunities.