Real Estate Blog
Viewpoint: City’s efforts can help housing, but we have to get it right
Boston’s record growth and real estate boom has been accompanied by ambitious plans to increase its affordable-housing production, as well as concerns that the city is becoming too expensive for anyone but the wealthy to live in — as the mayor pointed out in a recent op-ed. In it, Mayor Walsh called for the real estate industry to work with policymakers in order to ensure Boston works for everyone. I would like to second the mayor’s call to action: We must identify ineffective policies and…
Thought Leader Forum: Opportunity Zones
The Puget Sound Business Journal recently held a Thought Leader Forum on the topic of Opportunity Zones and the benefits they can provide to investors in our region. The Thought Leader panel was composed of Jeff Feinstein, Partner, Pinnacle Partners; Rod Fujita, CPA and principal, tax practice director of real estate services for Bader Martin, PS; Joe McCarthy, Partner, Stoel Rives; and Eugenie Rivers, counsel, Cairncross & Hemplemann. Emily Parkhurst, Market President and Publisher for the Puget…
Longstanding Shelby’s Bar officially closed downtown, makes way for a pair of condo towers
One last single-story building on one last stretch of undeveloped downtown Denver land will soon be razed and replaced by two condo towers.
Over the weekend, Shelby’s Bar and Grill served its last beers at 519 18th St. The building that housed the bar for 28 years — and housed other bars going back more than 110 years — is getting torn down to make way for a 32- and 38-floor condo complex. BusinessDen first reported the news on Monday.
Amacon Development, based in Canada, bought Shelby’s and the land around it last year for $8.8 million. The developer hopes to break ground late this year or early next and open the first condo tower by 2022, Mark Sheldon, a Denver-based representative for Amacon, told The Denver Post.
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Yates Tavern in Denver’s Berkeley neighborhood doesn’t have a liquor license yet, but it just moved one step closer
A vacant former movie house in Denver’s Berkeley neighborhood inched closer to reopening as a concert hall and entertainment venue thanks to a city regulator’s recommendations.
Developer Ari Stutz, co-owner of the nearly century-old Yates Theater building at 4979 W. 44th Ave., went before city licensing authorities June 13 seeking a liquor license and cabaret license for the would-be venue. On Monday, Kimberley Chandler, an independent city hearing officer, recommended that Denver’s department of excise and licenses approve both requests.
Stutz made a case that “there is a need and desire” in the neighborhood for what the Yates Theater would bring, Chandler found. He also “made a good faith effort to address matters relating to possible nuisance issues” through an agreement struck with the Berkeley Regis United Neighbors organization, she wrote in her recommendation.
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City set to OK deal to rehab PNC Tower; will contain affordable housing
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