Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ H&M will open a store in the Des Moines subway

H&M will open a store in the Des Moines subway



H&M will take over two floors and 25,000 square meters inside the center of Jordan Creek in West Des Moines next summer. The mall’s employees say H&M is one of the most sought-after stores and they have been in talks with the Swedish clothing store for a long time. The only question was to find enough room for them. At Merle Hay in Des Moines, owners told KCCI on Friday they would demolish the old Sears building, which was part of the original mall, built in 1959. The building has been empty since the company went bankrupt nearly two years ago. Mall owner Elizabeth Holland says her team found asbestos in the building, which means the demolition will take longer than expected. It cannot begin until Holland and Sears officially complete the sale, which is expected to take place in November. Sears agreed to sell the building for $ 2.8 million, partially repaid with a $ 2 million loan from Polk County. The county has agreed to add another $ 400,000 to the loans if the city of Des Moines responds. “We work a lot hand in hand with them, everyone wants to improve the tax base in this part of Des Moines,”

; I said.

H&M will take over two floors and 25,000 square meters in the center of Jordan Creek in West Des Moines next summer.

The mall’s employees say H&M is one of the most sought-after stores and they have been in talks with the Swedish clothing store for a long time. The only question was to find enough room for them.

At the Merle Hay shopping center in Des Moines, owners told KCCI on Friday they would demolish the old Sears building, which was part of the original mall, built in 1959.

The building has been empty since the company went bankrupt nearly two years ago.

Mall owner Elizabeth Holland says her team found asbestos in the building, which means the demolition will take longer than expected.

It cannot begin until Holland and Sears officially complete the sale, which is expected to take place in November.

Sears agreed to sell the building for $ 2.8 million, partially repaid with a $ 2 million loan from Polk County. The county agreed to add another $ 400,000 to the loans if the city of Des Moines matched it.

“We worked a lot hand in hand with them, they all want to improve the tax base in this part of Des Moines,” Holland said.


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