Ankeny sets new construction records in 2019
The City of Ankeny continues to see a strong investment in commercial and residential development as it sets new records in 2019. The city permitted a record amount of new investment valued at more than $400 million and platted more acres than ever before. Over the past six years, the City of Ankeny has permitted more than $2.1 billion worth of projects, an average of $350 million annually.
Highlights of 2019’s construction includes:
- 2019 was a record year with $416 million total valuation in new construction projects.
- A record number of 936 acres were platted creating 1,254 lots.
- Permits were issued for 35 new commercial buildings, with $152 million in total non-residential valuation.
- $257 million permitted in total new residential valuation, resulting in 1,126 total new residential units including:
- 544 single family detached homes
- 397 townhomes
- 185 multifamily units
- Approximately $7.5 million in other additions, alterations and miscellaneous permits issued.
“Ankeny continues to see growth across all sectors, with non-residential projects being permitted at record levels the past two years,” said City Manager David Jones. “The recent increase in commercial and industrial development is significant—in terms of number of projects, level of investment and number of jobs created—and important to our overall strategy in terms of tax base diversification and economic opportunities in the community. Ankeny continues to see robust residential development as well, particularly single family residential development.”
Ankeny saw a mix of businesses and homeowners relocating, expanding and remodeling. The City issued 2,563 total permits, third most behind 2016 and 2017, when 2,719 and 2,597 permits were issued respectively. The City annexed 391 acres; all annexation was voluntary.
Notable construction projects for 2019 include: Casey’s Retail Company headquarters expansion; The Opus Group and Hubbell Realty Company warehouse projects; new office/service buildings for Ruan Transport Corporation and Ankeny Sanitation Inc.; and The Toro Company’s expansion. In addition, several service oriented businesses expanded and opened throughout Ankeny.