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Nearly a year after the city of Des Moines approved demolition of downtown's long-empty Kaleidoscope at the Hub, a developer has still not secured the funds to build the 33-story skyscraper planned to replace it. Construction of the project — 390 multifamily apartment units and 1,400 square feet of commercial space at 515 Walnut St. — was originally slated to start Oct. 29, 2023. Despite the clearance of the former shopping mall and an unusually warm winter that saw an early start on other projects around Des Moines, there has been no apparent work on the property. Carrie Kruse, Des Moines' economic development administrator, confirmed in an emailed statement that the city has yet to reach a final agreement with St. Joseph Group for the building’s construction. This time last year, Deputy City Manager Matt Anderson said he expected the development agreement to be presented to the desmoinesgov City Council in a matter of weeks. Tap the link in our bio for more on this story. #DesMo...

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