October 4, 2007
By PATT JOHNSON
REGISTER BUSINESS WRITER
Grocery store chain Hy-Vee Inc. has bought more than 13 acres in the Prairie Trail residential and commercial development in Ankeny.
The company is planning on building a store there in two to three years, said Chris Friesleben, Hy-Vee’s spokeswoman. “We want to wait for more growth in the area,” she said.
Hy-Vee bought 13.4 acres for about $4.8 million recently from DRA Properties LC, Prairie Trail’s developer.
The planned Hy-Vee will include a large grocery store and likely a gas station and convenience store, Friesleben said.
It will be the second Ankeny location for Hy-Vee, which now operates a grocery at 410 N. Ankeny Blvd.
Prairie Trail is a 1,031-acre development north and west of Des Moines Area Community College that will include 3,000 homes.
Hy-Vee also recently bought 2.3 acres east of its West Des Moines headquarters for $1.4 million from Homesteaders Life Co. Friesleben said the land would probably be used to expand the company’s parking lot.
Reporter Patt Johnson can be reached at (515) 284-8367 or pjohnson@dmreg.com
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