Real Estate Blog

It's one of the few open sites near the high-end Cherry Creek North business district.

The project could break ground in the next 30 to 60 days.

The Philadelphia company has struggled over the years.

The Queen's Medical Center and D.R. Horton Hawaii announced Friday the purchase of 4.9 acres of zoned land at Hoopili for a new ambulatory medicine center, as part of its West Oahu expansion.

The BMX-3 zoned land was purchased at an undisclosed price, and the planned ambulatory medicine center will be used to increase access to services for West Oahu patients. Early plans for the center include urgent care, team-based primary care, and specialty/support services like diagnostic imaging.

“This…

It’s been five years since the Ruskin Hills neighborhood of Kansas City, Missouri, had a new business come in. It was a Burger King.

The Ruskin Hills neighborhood is in one of the 8,762 Opportunity Zones recently identified by state governors across the United States and Puerto Rico. The federal government created the idea of Opportunity Zones as an economic development tool, which was added to the tax code by the Tax Cuts and Jobs Act in December of 2017, to relieve economically distressed communities.

Pastor…

Since opportunity zones were first authorized in December 2017 as part of the Tax Cut and Jobs Act, there has been significant discussion about how to best use these opportunities and obtain the resulting tax benefits. The first wave of opportunity zone projects consisted primarily of traditional real estate development, in part because the constituent parties were uncertain as to how the Internal Revenue Service would implement this new regime with respect to operating businesses. It did not hurt…

While the Height of Building Act of 1910 remains in place for the District, the past 10 years have seen rising building heights of construction in both nearby Maryland and Virginia. But with this increase in density and development opportunity comes an increase in safety hazards on and around active construction sites. And frankly, the jurisdictional safety requirements haven’t kept up to neighboring metropolitan areas.

Regional general contractor DAVIS is putting voluntary measures into place…

The project, which is within a foreign trade zone, is scheduled to be completed by the end of the year.

The opening of the Fry's grocery store in downtown Phoenix, a first for the area, has been pushed back a month.

The 67,000-square-foot urban store is now expected to open in late October, the company said in a news release this week. A specific opening date has yet to be announced.

When it opens, it will be part of the Block 23 development, a 230,000-square-foot residential-office-retail complex currently being built by Red Development near Washington and First streets, and within walking distance…

As the first half of 2019 flows into the record books, Portland is experiencing another year of significant speculative industrial development. Just under 1 million square feet of newly completed industrial buildings have been delivered since the beginning of 2019 with another 2 million square feet planned for the second half of the year.

While we have slowed down from a huge 2018 year where over 5.1 million square feet were delivered to the market, Portland’s continued growth has garnered the…