The architects behind the new Wellmark YMCA offered this virtual tour of the new building.
Scratch wealthy foreign investors off the list of possible funding sources for the new downtown YMCA's pools.
The YMCA of Greater Des Moines will not qualify for a foreign investment program known as EB-5 to finish the aquatic center at the Wellmark YMCA, according to the agency that brokers EB-5 investments in Iowa.
After striking out twice on federal grants, the YMCA is looking for as much as $8 million to complete the pools at the downtown branch.
Scott Newbury, right, of Waukee and friends ride with party hats during the inaugural cycle spin class at the newly opened Wellmark YMCA in downtown Des Moines.
EB-5, which provides green cards to wealthy foreign nationals who invest at least $500,000 in a job-creating U.S. business or project, was one funding option YMCA officials had considered. But construction of the aquatic center would not create nearly enough jobs, said Patrick Hogan, CEO of Quad Cities-based CMB Regional Centers.
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