Real Estate Blog
Aerotropolis around DIA is more than just talk as $22.5 million is laid on the table
AURORA — The idea of an “aerotropolis” in the shadow of Denver International Airport has for years been aspirational talk among metro-area civic leaders hoping to create a kind of mini-city fueled by proximity to one of the country’s largest and busiest airports.
This month, in an unassuming room on the fifth floor of the Aurora Municipal complex, a group of government leaders, attorneys and underwriters met over a lunch of gyros and Greek salad and finally put up money — $22.5 million to start — to back up all the chatter.
The Aerotropolis Regional Transportation Authority voted May 17 to issue bonds toward what will amount to $200 million in transportation improvements over the next dozen years — including new interchanges on E-470 and Interstate 70 and a major north-south thoroughfare to rival Peña Boulevard — in a vast swath of mostly vacant land south of DIA.
The money is scheduled to drop into the authority’s account in June, and work on a new connection of yet-to-be-built 38t..
Ameren to move employees to makeshift space downtown
Hundreds of employees will temporarily work out of the new space beginning later this year, Ameren Missouri said.
Chicago firm pursues Music Row office building
The development group wants to stack office space atop an existing parking garage on the famed stretch where the country music recording industry was born.
Dallas firm brings new real estate investment offering to market
What distinguishes Capview Partners' new offering is that it's a real estate product, not a security, which is designed for registered investment advisors and others managing client portfolios as a 1031 exchange solution.
Mapped: Amazon’s headcount in Dallas, across the U.S.
Outside of its hometown of Seattle, Amazon has at least 20,830 employees with plans to add at least 4,100 more.
New Peabody hotel project approved in Roanoke
A flock of Memphis' feathered friends are headed to Texas.
As part of a long-awaited expansion, the Peabody Hotels & Resorts' planned Dallas/Fort Worth-area hotel project was approved by the local government.
The Roanoke City Council approved The Peabody Roanoke, a 300-room hotel with more than 25,000 square feet of event space, on May 28. The project was initially announced in 2017.
“We have worked hard to foster a relationship with Roanoke’s leadership over the past few years in the development…
Industrial construction reaches record high in Houston, report says
A record-breaking 20.2 million square feet of industrial space is under construction in Houston, and more is on the way, according to a recent report by NAI Partners.
Centric Brands selects downtown Greensboro for 213 jobs
The 109,000-square-foot Gateway Building on South Elm Street officially has anchor tenant – a New York City-based apparel firm that will bring 213 jobs to downtown Greensboro.
Andy Zimmerman, owner and developer of Gateway Building, told Triad Business Journal that Centric Brands Inc. has signed a lease for just south of 50,000 square feet.
“It's a big deal for me, it's a big deal for the city and it's a big deal for Centric Brands,” Zimmerman said. “I think that they will also perhaps attract…
The future of retail is coming to RiNo and it focuses on people’s time — not their wallets
Two “best-in-class” outdoor retailers are coming to Denver's RiNo district.
Developer eyes site near Orlando airport for $31.1M project
The airport/Lake Nona submarket has roughly 1.4 million square feet of industrial space under construction, which is about half of Orlando's total industrial construction activity.