American Equity Investment Life Insurance Co. Finalizes Downtown Des Moines Headquarters Move
American Equity Investment Life Insurance Co. Has completed its relocation to a newly renovated headquarters at 1150 Locust St. In downtown Des Moines, marking a significant shift for the company and a boost for the city’s central business district. The move, first announced in 2023, brings over 700 employees to the area, occupying part of the second floor and all of the third through seventh floors of the building.
Strategic Move to Downtown Des Moines
The decision to relocate from West Des Moines to downtown was driven by a desire to foster collaboration and align with the city’s evolving business landscape. During an open house event last week, CEO Jeff Lorenzen emphasized the strategic benefits of the move, stating, “Being centrally located allows us to engage more directly with our partners, clients, and the vibrant community that defines downtown Des Moines.”
The new 115,000-square-foot space features modern workstations, collaborative areas, and a notable mural on the second floor that chronicles the company’s history. Employees contributed to the mural, which serves as a visual testament to American Equity’s legacy and future aspirations.
Impact on Employees and the Local Economy
The relocation is expected to enhance employee satisfaction through improved access to amenities and a more dynamic work environment. Lorenzen highlighted the company’s commitment to downtown revitalization, noting, “This move isn’t just about our growth—it’s about investing in the culture and vitality of Des Moines.” The presence of over 700 employees in the central business district is anticipated to stimulate local businesses and support workforce development initiatives.
Local leaders have welcomed the move as a catalyst for economic growth. Des Moines Mayor Nate Nelson stated, “American Equity’s decision to anchor itself in downtown Des Moines underscores the city’s appeal as a hub for innovation and opportunity.”
Modern Facilities and Future Expansion
The new headquarters includes state-of-the-art conference rooms, wellness spaces, and flexible work areas designed to accommodate evolving business needs. The building’s design prioritizes sustainability, with energy-efficient systems and green space integration. American Equity has also partnered with local architects and contractors to ensure the space reflects the city’s identity while meeting industry standards.
Looking ahead, the company plans to expand its downtown footprint in the coming years, with additional plans for community engagement programs and partnerships with local educational institutions.
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A glimpse inside the boardroom at American Equity’s new headquarters at 1150 Locust St. Photo by Duane Tinkey