Des Moines, Iowa, USA Skyline at Dusk

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Units Under Construction

1,854 units under construction in the Des Moines Q3 2026 Pipeline Report

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In Pre-Lease / Lease Up Phase

2,171 in pre-lease / lease up phase in the Des Moines Q3 2026 Pipeline Report

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Units Planned

2,182 units planned in the Des Moines Q3 2026 Pipeline Report

Pipeline Data

Property Name Address City State ZIP Units Status Forecasted Completion

Property Name Address City State ZIP Units Status Forecasted Completion
Savannah at Ankeny 1810 NW Savannah Lane Ankeny IA 50226 222 Pre-Lease / Lease Up Jul 2025
Brick Towne at Kettlestone 2290 SE Waco Pl Waukee IA 50263 360 Pre-Lease / Lease Up Aug 2025
Diamond Ridge Estates 1300 NE Hope Cir Grimes IA 50111 400 Pre-Lease / Lease Up Sep 2025
Picket Fence Community 455 S 85th St West Des Moines IA 50266 110 Pre-Lease / Lease Up Oct 2025
The Flats at West Glen 549 S Soapstone Way West Des Moines IA 50266 65 Pre-Lease / Lease Up Jan 2026
Linc Apartments 1270 Tuttle St Des Moines IA 50309 135 Pre-Lease / Lease Up Mar 2026
Spectrum Heights Apartments 2820 NE 38th St Ankeny IA 50021 180 Pre-Lease / Lease Up Apr 2026
The Standard at Prairie Trail 1155 SW Prairie Trail Pky Ankeny IA 50023 194 Pre-Lease / Lease Up Apr 2026
Prairie Village Commons 940 10th Street Waukee IA 50263 148 Pre-Lease / Lease Up Jun 2026
Callaway Garland Ave Norwalk IA 50211 148 Pre-Lease / Lease Up Jul 2026
Mezzo on Walnut 606 Walnut St Des Moines IA 50309 209 Pre-Lease / Lease Up Jul 2026
The Aston 603 E 6th St Des Moines IA 50309 161 Under Construction Oct 2026
Siena Crossing 2840 S Ankeny Blvd Ankeny IA 50023 162 Under Construction Oct 2026
The Falcon 1435 Mulberry St Des Moines IA 50309 202 Under Construction Mar 2027
Valo 1236 24th Street Des Moines IA 50311 116 Under Construction Sep 2027
515 Walnut Street 515 Walnut Street Des Moines IA 50309 390 Under Construction Oct 2027
The Sloane NE Delaware Avenue and NE 70th Street Ankeny IA 50021 387 Under Construction Oct 2028
Two Ruan Center Redevelopment 601 Locust Street Des Moines IA 50309 221 Under Construction Dec 2028
The Loop 10500 Plum Drive Urbandale IA 50322 215 Under Construction Mar 2029
Ruby Rose Ridge 2401 50th Street Des Moines IA 50310 65 Planned —
Bur Oaks 70th Street & University Avenue Pleasant Hill IA 50237 142 Planned —
Jordan Ridge Booneville Road & South Jordan Creek Pkwy West Des Moines IA 50266 657 Planned —
The Lancaster 700 South 88th Street West Des Moines IA 50266 172 Planned —
Brick Towne at Piper Phase II 600 NW Cherry Creek Lane Ankeny IA 50023 540 Planned —
Timberline Estates SE LA Grant Pkwy & SE Westown Pkwy Waukee IA 50263 126 Planned —
Kentucky Ridge 1100 North Jefferson Way Indianola IA 50125 51 Planned —
The Pitch Phase II 705 NW 2nd Street Waukee IA 50263 52 Planned —
Williams Pointe North NW Douglas Pkwy & NW 10th Street Waukee IA 50263 159 Planned —
The Grand Experience South 60th Street & Grand Avenue West Des Moines IA 50266 100 Planned —
Kettlestone Prairie SE Esker Ridge Drive & Grand Prairie Pkwy Waukee IA 50263 118 Planned —

Note on Pipeline Coverage

For clarity, this report does not track prospective/proposed developments. The volume of early-stage proposals continues to expand and often lacks sufficient detail, timeline certainty, or likelihood of delivery to provide reliable insight.

Instead, our focus remains on projects that have advanced further in the development cycle—specifically those under construction, and in the planning stages. This ensures the pipeline data reflects projects with higher execution probability and more direct implications for market supply.

Disclaimer: The property data depicted in our reports is sourced from third-party providers and government sources. MMG does not directly collect or track this information. Due to the nature of external data collection, some properties may be omitted, which is beyond our control. Furthermore, the pipeline dataset was assembled on 8/19/2026, and changes in project statuses or new additions to the pipeline may not be reflected by the time of publication. While we strive to provide actionable and useful data, we do not guarantee its completeness. Clients are advised to verify all property details independently.

Des Moines Advisors

Contact Our Local Team

Shana Patrick

Managing Director

Josh Benard

Senior Director

Dalton Stelpflug

Associate Advisor

Chloe Dayton

Associate Advisor