Hilton Garden Inn, Circle K confirmed as first tenants for University Square project in Rocklin
A hotel and gas station have been confirmed, while several others appear to be close to locking down leases at a 10-acre project planned in Rocklin near William Jessup University.
DMN: UT Dallas partners with Dallas developer on 36-acre mixed-use project
The Points at Waterview is expected to feature a maximum of 4,000 residential units, up to 500,000 square feet of office space and two hotels.
Fewer mega deals in national industrial sector as market returns to pre-pandemic activity
One recent analysis found a 36% year-over-year drop in lease signings that measured 1 million square feet or more in the first half of 2023.
Folsom Chabad synagogue looks forward to new home after land purchase
The leader of the Chabad Jewish Community Center of Folsom/El Dorado Hills was looking for a new home for his synagogue, with its current home, a leased storefront in Folsom, simply not big enough for anything more than weekly services, he said.
Brightline passenger train company revenue up 129% so far this year
The company anticipates that 4.3 million long-distance passengers will travel between South Florida and Orlando every year once service starts here.
Downtown Denver vehicle traffic bounces back, recovery ranks near the top nationally
Traffic into downtown Denver is back tio pre-pandemic levels, study finds, so where are all the commuters?
Vida, a coworking space tailored for women, aims for regional growth
Portland entrepreneur Melanie Marconi studied the mistakes of WeWork, The Wing and others while building her own coworking space.
What local builders say makes it tough to add housing in Columbus
While macroeconomic factors contribute to the pace of building, government policies and practices play a key role in what gets built and where. That was the focus of a survey this spring by Columbus Business First and the Building Industry Association of Central Ohio of the local homebuilding industry.
Anger, tears punctuate town hall meeting on Denver homelessness
With the homelessness issue in plain sight throughout Denver and statistics showing the problem is getting worse, the emotional temperature was running high in a packed room at the Savoy Denver in the center of a community where the homelessness problem is painfully apparent.
A Fed still wary of inflation is set to raise rates to a 22-year peak. Will it be the last hike?
WASHINGTON (AP) — Even after inflation has steadily eased this year, the Federal Reserve’s policymakers still think prices are rising too fast and are almost certain to lift their key interest rate by a quarter-point on Wednesday.
A rate increase, the 11th in 17 months, would raise the Fed’s short-term rate to roughly 5.3%, the highest level since 2001. As with its previous rate hikes, Wednesday’s increase would likely further elevate the costs of mortgages, auto loans, credit cards and business borrowing.
Another hike is widely expected despite a run of encouraging news that has sent stock prices steadily higher, boosted consumer confidence and brightened hopes that the Fed can pull off a difficult “soft landing,” in which inflation would continue to slow toward the Fed’s 2% target without sending the economy tumbling into a recession.
Inflation amounted to just 3% in June compared with a year earlier, down drastically from a peak of 9.1% in June of last year. Consumers are still s..