A six-story mixed-use building would be built on the county-owned parking lot at Fifth and Cherry streets under a proposal from an Indiana developer that was approved by the Des Moines City Council Monday.
The council agreed to preliminary terms of an urban renewal development agreement with the Annex Group of Indianapolis, Ind., for the redevelopment of the parking lot. The agreement was part of the council’s consent agenda and it was approved without discussion.
David Wesner, vice president of development for the Annex Group, said the company is familiar with the city having built the Union at Rivers Edge project on Indianola Avenue, and was eager to submit a proposal when it learned the parking lot was available for redevelopment…