Krause Group

Des Moines metro projects, including soccer stadium, score $50M in state aid

BY: - June 25, 2021

Des Moines officials needn’t have worried that two massive development projects that include a $60 million professional soccer stadium downtown and a hockey arena at resurgent Merle Hay Mall would harm each other in a competition for state aid.  The Iowa Economic Development Authority Board on Friday gave provisional approval of state aid for those […]

COMMENTARY

Sweetheart deals with taxpayer dollars violate the public’s interest

BY: - February 27, 2021

The ever-expanding use of taxpayer dollars and sweetheart deals by public officials to incentivize and subsidize the private projects of some of the wealthiest corporations is a violation of the public’s interest. The Krause Group wants the taxpayers to contribute monies for a sprawling new downtown soccer stadium project. The preliminary proposal would use $40 […]

D.M. council members praise $669 million overhaul of downtown, Merle Hay Mall

BY: - February 8, 2021

Des Moines City Council members on Monday said developers’ plans for a combined $669 million in projects at a Superfund site in downtown Des Moines and at resurgent Merle Hay Mall would enliven both areas and draw people from around the state. The developments would include Krause Group’s proposed stadium for a new professional soccer […]

D.M. council to consider incentives for Krause stadium, hotels, entertainment venues downtown

BY: - February 4, 2021

Real estate developer Krause+ would get a 20-year tax break for proposed developments that would include a professional soccer stadium near the Raccoon River and a hotel and entertainment venue on the west edge of downtown Des Moines, under the city manager’s recommendation.  The Des Moines City Council will be asked Monday to create a […]

Krause proposes professional soccer stadium on D.M. Superfund site

BY: - October 1, 2020

Des Moines-based convenience store company Krause Group has proposed a professional stadium on the former home of Dico, a Superfund site in downtown Des Moines that is awaiting redevelopment. “Krause Group and Iowa Soccer Development Foundation, Inc. would like to partner with the City of Des Moines to redevelop this 43-acre site, centered around a […]