Real Estate Blog
Stem Ciders is moving its RiNo location and being replaced by a country beer bar
A prominent local cidery is moving locations within Denver’s River North Arts District and making way for a new country music and beer bar that will front its new beer brand, Howdy Beer.
Stem Ciders, at 2811 Walnut St., will slide a few blocks down from its home of nearly a decade to 3040 Blake St., replacing the recently closed restaurant The Preservery. The move will enable Stem to add a full kitchen and bar program, as well as expand other attractions like live music. It will also boast a rooftop patio.
Chef Matt Ochs, who leads the kitchen at Stem Ciders Acreage in Lafayette, will design a menu of “approachable, down-home” items like sandwiches, a coney dog and other small plates. Eventually the kitchen will serve lunch and brunch, too.
Stem Ciders said it expects to close on Sept. 30 and reopen in its new location by the end of the year. “The neighborhood has certainly evolved over the last 10 years, and we’re thrilled to grow into a new space that will better reflect how Stem ..
Former Avalanche center’s Wash Park home on the market for $4M
A month after it was announced Avalanche center Nazem Kadri was leaving Colorado for the Calgary Flames, his East Wash Park home has hit the market for $4.2 million.
Kadri’s wife, Ashley Cave, purchased the 5,325-square-foot home at 1111 S. Gilpin St. for $3 million in 2020, and listed it on Sept. 2, according to property records. The home’s sale is currently pending, but back-up offers are still being accepted, according to the listing.
The five-bedroom, five-bathroom home was built by Living Mile High Real Estate Development in 2020, according to the listing. The white brick home features a private home office with floor-to-ceiling windows and French doors, a formal dining room with a Ralph Lauren chandelier and a finished basement with 10-foot ceilings, a theater, a full bar and a game room.
Outside there’s a patio with a fireplace and built-in grill, plus an attached two-car garage.
Kadri, a 31-year-old Ontario native, has been in the NHL since 2009 and signed a $49 million, se..
Rising interest rates, timid buyers shift Denver housing market
With interest rates rising, the Denver housing market is cooling off, and sellers are starting to feel squeezed.
The days of multiple offers thousands of dollars over list price vanished, and homes take longer to sell despite continued limited inventory.
According to the Denver Metro Association of Realtors Market Trends Report, the average new listing went under contract in 19 days in August, up from 13 in July to 10 in June.
“All of the major statistical categories are pointing to the market slowing down,” says Andrew Abrams, chairman of the DMAR Market Trends Committee.
August recorded a 5.9% decrease in closings compared to July and a 30.2% drop from the previous year. Active listings at the end of August were also down 7.4% from July.
Sellers listed 3,694 single-family homes in August, down from 4,300 in August 2021. The number also decreased from 4,556 in July and 5,675 in June.
A return to balance?
Greg Hriso, a Homie Colorado real estate agent, says the market is becoming..
Westin St. Francis hotel in San Francisco seeks $900M assessment cut
How much is the hotel really worth? It's complicated.
Site selection consultants weigh in on New Mexico’s national reputation
“It's hard to spell, but also hard to locate on a map sometimes because it's typically not name checked,” one national expert said of Albuquerque.
Vir Biotechnology opens new $41M office in St. Louis
The San Francisco-based immunology company that wants to help eradicate infectious disease globally has expanded its footprint in St. Louis, opening a new $41 million office within the Cortex innovation district. It says the new facility will be critical to advancing research to treat several infectious diseases, including Covid-19.
Shake Shack hiring for downtown Portland restaurant
Shake Shack is hiring for its upcoming restaurant by Powell's City of Books.
The food chain (NYSE: SHAK) has posted a job listing for a restaurant manager who can either work four 10-hour shifts or five 8-hour shifts a week at 1016 W. Burnside St. in downtown Portland.
“As we experience tremendous growth, our leaders are the driving force to our continued success,” the listing states. “We are seeking a positive and enthusiastic Restaurant Manager who loves to serve! This is an excellent opportunity…
The Bezos Learning Center is coming to the Air and Space Museum. It might look like this.
The Amazon founder donated $130 million for the center in 2021.
San Jose’s landmark Hotel De Anza is up for sale and could fetch $35M
Eight years after it last sold, the Hotel De Anza, the iconic Art Deco venue in Downtown San Jose, is up for sale again.
In a twist, NY developer approved for $65M purchase of prime South Congress property with redevelopment potential
This New York-based developer with a $60 billion portfolio is increasingly focusing its attention on Austin, where it has been attached to three high-profile development sites this month alone. Here's the latest on the local intentions of this company, which has developments under its belt such as Hudson Yards in New York, The Grand LA in Los Angeles and The 78 in Chicago.