NOTABLE TRANSACTIONS: Developer buys land in WDM for steakhouse, apartment project

West Des Moines, IA – A Carmel, IN development group has purchased about 9 acres in West Des Moines on which a development that includes a popular fine-dining steakhouse and high-end multi-family apartment units is planned.

CRG Residential, the Indiana development group, and Great Lakes Capital, a real estate private equity firm headquartered in South Bend, IN, planned to construct a four-story building that wraps around a parking garage, pool and courtyard on the southwest corner of Ashworth Road and Jordan Creek Parkway.

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“We are excited to bring forward a project that directly addresses the housing needs of Lincoln Charter Township and the broader region,” said Jeff Smoke, Managing Director at Great Lakes Capital. “This development is designed to provide high-quality, attainable housing while enhancing the character of the community. We look forward to working with local leaders and residents to create a project that benefits everyone.”

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Martin Huttenlocker Headshot

Martin Huttenlocker

Development Manager

Leveraging 17 years of relationships and extensive background in the commercial real estate industry, Martin provides direct strategic and analytical support as part of the Great Lakes Capital development team. Since joining the firm in 2017 he has performed a hybrid role in asset management and brokerage services within the GLC portfolio. Martin earned a BA in Political Science from the University of Missouri/Columbia and an MBA from Roosevelt University in Chicago.