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Real Estate News and Events

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Nine months after Denver launched a housing program that drew national headlines for its innovative approach to helping lower-income families, it’s serving nowhere near the 400 families Mayor Michael Hancock envisioned.

So far, it’s more like three families.

Stateline, a publication of Pew Charitable Trusts, first reported the figure this week. Another four households have signed leases but haven’t yet moved into their units, and seven more are interested, said city housing staffer Laura Brudzynski.

“We really wanted to make sure that we were launching this program very intentionally and thoughtfully,” she said in an interview. “We are working to house folks as fast as we can, but also appropriately and with all of those details ironed out.”

The LIVE program is now expected to serve 125 households eventually.

It’s similar in concept to the federal Section 8 voucher program. But LIVE targets higher-income earners — those making 40 to 80 percent of area median income, which is up t..

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Two Houston-based developers recently broke ground on new industrial projects within a few miles of George Bush Intercontinental Airport.

Clay Development & Construction Inc. is building Kennedy Greens Distribution Center I on John F. Kennedy Boulevard at Lauder Road, about 2 miles south of Beltway 8, according to an April 19 press release. The spec project is expected to target e-commerce retailers, logistics and oil field services companies.

The 524,528-square-foot project is being built on…

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Five local organizations announced this week their intention to craft a master plan for continued development along the Arkansas River in downtown Wichita.

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