Real Estate Blog
Texas mayors, including Dallas and Fort Worth’s, oppose cap on government revenue growth
Count Dallas Mayor Mike Rawlings and Fort Worth Mayor Betsy Price among the Texas elected officials who oppose a bill that would limit how much local government revenue can grow each year.
More than 130 people signed up to speak on House Bill 2 in the House Ways & Means Committee on Feb. 27. The bill would cap revenue growth for local government budgets each year at 2.5 percent. Any bigger increase would require voter approval.
A coalition of two dozen mayors sent this letter to this House Ways…
Apartments planned for W. Huron Street building
Ellicott Development to start project this spring.
Patti Payne’s Cool Pads: Rare new manse in Washington’s most expensive ZIP code lists for $8.4 million (Photos)
A new manse has hit the market for $8.39 million in Washington state’s most expensive ZIP code and one of the wealthiest ZIP codes in the country.
The house is at 3311 Evergreen Point Rd. in Medina — 98039.
Medina, home to billionaires like Jeff Bezos, Bill Gates, Charles Simonyi and many more, is no stranger to gated mansions. But what is rare in Medina is new construction — a specialty of third-generation builder Eric Whiting, owner of Bellevue-based Overbrook Construction.
His grandfather David…
Exclusive: We now know what’s planned for the Key Bridge Marriott site. It’s big.
The proposal would add hundreds of new hotel and multifamily units to the historic site.
Stevens Creek redevelopment for hundreds of new homes in San Jose gets approval
Fortbay is one of the first groups to secure an approval for what’s known as a “signature project” in San Jose.
D.R. Horton affiliate buys $12.29 million in Natomas lots
A land development group affiliated with homebuilder D.R. Horton Inc. has bought $12.29 million worth of home lots in Sacramento’s South Natomas area.
Home sales plummet across Bay Area from December to January
Home sales in San Francisco and the wider Bay Area plummeted in January, a sharp downturn that accelerated a trend that had developed over the previous eight months.
Sales in the nine-county Bay Area were the lowest for January in 11 years, totaling 3,857 units, according to CoreLogic, and 27.8 percent lower than in December.
The December-to-January sales drop was highest in San Francisco, at 34.4 percent, followed by a 30.1 percent drop in Alameda County.
For Santa Clara County, sales were off…
Denver’s “Fox Island” development may continue with 120 micro-apartments
Development interest continues to grow for “Fox Island,” a corner of Globeville surrounded by highways and rail.
Google EarthOne of two lots in Globeville — this at 4055 North Elati St. — that have been approved for rezonings that would allow construction up to eight floors.On Monday, the Denver City Council unanimously approved rezonings that would allow construction up to eight floors at two sites on Elati Street and Delaware Street.
The change doesn’t mean that development will happen, but it’s part of a larger trend near the 41st and Fox rail station, which will serve the G Line.
On one half-acre lot, 4055 North Elati St., the owners hope for a “compact, mixed-use, pedestrian-oriented development,” according to an application. It could include about 120 “micro” apartment units and some retail spaces, according to developer Chris Hudon.
The new zoning would allow development up to eight floors for residential and commercial uses on the vacant industrial lot.
“Our company is rea..
Little-known developer plans skyscraper as its first Seattle project
The developer, Perday, is led by a tech entrepreneur who is CEO of Accretive Technology Group, which operates out of the old building on the development site near Amazon's headquarters.
Clothier will move into former Triad Toys ‘R Us
Shopping center will be 90 percent leased.