In The News
News articles and mentions…
HDG Development features 26 rent-to-own homes
DES MOINES — Developer Jack Hatch plans to invest nearly $7 million in building homes in north-central Des Moines in hopes of helping stabilize neighborhoods that have recently struggled with violence. Hatch, a state senator, proposes building 26 homes with a unique rent-to-own feature for low-income families in the area just north of Interstate Highway 235 along Martin LutherContinue reading »
Oak Hill Jackson Brickstones cited with national affordable-housing award
CEDAR RAPIDS — The Oak Hill Jackson Brickstones project has been recognized as the best affordable-housing tax-credit project in the nation built as part of a community’s disaster recovery. The award for the two new apartment buildings on Sixth Street SE comes from the Affordable Housing Tax Credit Coalition. The coalition recognized a project inContinue reading »
DM Gets New Landmark Clock Tower
DES MOINES, Iowa — A new landmark clock tower is going up in Des Moines on Monday. A crane was brought in to lift the top of the clock tower into place. The tower is part of a new brick apartment building being completed at Martin Luther King Parkway and Day Street, just north ofContinue reading »
Get to Know: Ryan Galloway
Ryan Galloway, 28
What I do: As a developer for Hatch Development Group, I structure the financing for new developments, acquire land for projects, perform due diligence, brainstorm new projects and try to make development ideas come to fruition.
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Pedestrian-friendly neighborhoods inspire affordable housing
Jack Hatch and Ryan Galloway are teaming up to construct 18 affordable-housing units in central Des Moines. The partnership, MLK Brickstone LP, is a joint venture between Hatch, owner of Hatch Development Group LLC, and Galloway, a Hatch employee who owns the proposed development site. The 18-unit build-out at 1039 19th St. is phase one of theContinue reading »
Hatch eyes more development along I-235 and MLK Parkway
Des Moines developer Jack Hatch hopes to build single family homes on seven city owned lots in the vicinity of Interstate Highway 235 and Martin Luther King, Jr. Parkway. Later today, the Des Moines City Council will be asked to vacate and convey public rights of way to enable construction at the following addresses: 1120 Martin LutherContinue reading »
A stabilizing influence
Heidi Wessels is breathing a little easier these days, although each breath comes between the rapid-fire sentences she delivers when talking about Neighborhood Development Corp., where she has been executive director since February. “I never saw the rosy picture” of easy money that lenders were delivering to development projects prior to the collapse of creditContinue reading »
Westgate to redevelop Kruidenier building for office user
Westgate Partnership LLC kicked off its redevelopment of the Kruidenier Cadillac Automobile Co. Building last week after signing a new tenant and securing funds to tackle the multimillion-dollar project. Advertising agency Flynn Wright is slated to occupy about 14,000 square feet of the 91-year-old building, following a nearly 10-month long negotiation process that included owners, brokers,Continue reading »
MLK Brickstone II to start as first phase finishes
Hatch Development Group hopes to break ground on MLK Brickstone II, a 30-unit affordable-housing development at 1051 19th St., before winter weather impedes its progress. “We’re trying to get the site work done before the snow falls,” said Ryan Galloway, a Hatch employee who owns the proposed site located north of Interstate 235 about three blocksContinue reading »
Contemporary American restaurant slated for Western Gateway
Two restaurateurs with long-standing ties to the Court Avenue neighborhood will bring contemporary American cuisine with a late-1950s twist to the Western Gateway. Mike Utley, general manager of Court Avenue Restaurant & Brewing Co., and its owner, Scott Carlson, have partnered to open an eating and drinking establishment across the street from the John andContinue reading »
Westgate to develop
The investment group managed by state Sen. Jack Hatch plans to turn the former Kruidenier Cadillac dealership building at 1408 Locust St. into office space. On Monday, four days after the Des Moines Social Club announced its intention to vacate the property, the Des Moines City Council approved the preliminary terms of Urban Renewal Development AgreementContinue reading »