Iowa Developer Buys Valley West Mall for $11M Amid JCPenney Lease Issues
Threshold Capital purchased the Valley West Mall in West Des Moines, Iowa, for $11 million. The developer plans a mixed-use project combining residential, retail, and entertainment spaces. However, a complex lease with JCPenney poses challenges. City officials are considering up to $110 million in public funding, aiming to start construction after approvals and finalized site plans.
TOI World·3h ago·West Des Moines




