AMES, IA-Lane4 has partnered with the city of Ames and Iowa State University to create the Campustown redevelopment project, which will encompass several blocks to the south of the college. The company will serve as master developer for the project, which are planned to include new office, hotel, retail and apartment uses.

The city of 52,000 is about 30 miles from Des Moines and is at the crossover of State Highway 30 with Interstate 35. The blocks to be worked on first are those between Lincoln Way and Chamberlain Street, bounded by Sheldon and Lynn avenues. The area currently includes office, multifamily and retail.

A spokesman with Lane4 said the next step will be to solidify a master plan. “It’s too early to really discuss cost or square footage,” he tells The company has six months to present a concept to the city, with a dollar figure attached.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.