On January 1, 1938, the name "Valley Junction" was relegated to the past, and the new city of West Des Moines took the first steps to a new identity. Helping to establish this new identity, the most identifiable trait was the suspension of all property taxes between 1936 and 1938. This was due to the profits of the water department. Today the original business district of West Des Moines has been preserved as Historic Valley Junction. It features many locally-owned specialty shops and restaurants as well as a weekly farmers' market.