DES MOINES, Iowa —

The developer behind the 515 Walnut Tower in Des Moines says construction will start up again.

Joe Teeling says his company plans to close this week on the final construction loan. Construction paused last month due to issues with payments.

Teeling says once the financing is secure, he expects work to continue through the winter.

The city of Des Moines provided a statement:

"The development team for this project has maintained communication with City staff while working out the financing details and has indicated everything is wrapping up to allow construction to commence quickly. The development team will be the best source of information for more specific details. The City’s development agreement for this project requires it to be complete before any public ince

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