Real Estate Blog
Mayor Bottoms to present new Gulch proposal to Atlanta City Council
Mayor Keisha Lance Bottoms announced Monday morning that she will present an amended Gulch proposal to the Atlanta City Council in a bid to save the giant redevelopment project, which has so far failed to win sufficient support from the Council to win its approval.
The new plan will eliminate the planned 10-year extension of the Westside Tax Allocation District (TAD).
Atlanta Business Chronicle had reported on Oct. 4 that Bottoms was reevaluating the controversial extension of the Westside Tax…
No. 2 Opus Place condo tower to feature more than 200,000 sf of office space
That’s quite a shift,” said Chris Hall, with real estate consulting firm Haddow & Co., which has been tracking progress on the project since it was first unveiled to the market four years ago.
Apartment construction booming in Columbus, but demand still outpacing supply
With nearly 5,600 multifamily units under construction, Columbus busier than Ohio's next four biggest cities combined, Colliers found.
Access to Komatsu’s harbor district HQ site a challenge, so city may seek state help
The city of Milwaukee may seek $2 million in state grants to prepare roads around Komatsu Mining Corp.’s planned headquarters for an influx of new commuters and trucks.
Belleview Station nets second Fortune 500 company as urban development springs from suburban south Denver
Two commercial buildings, two Fortune 500 company headquarters.
That’s the scorecard so far for Belleview Station, a 51-acre, mixed-use project coming out of the ground around the Belleview Station light rail stop in south Denver. With its walkable, urban design, collection of hip restaurants and Denver mailing address, veterans of the south metro real estate market are projecting that Western Union and Newmont Mining won’t be the last big fish the project reels in as it grows.
Western Union is settling into seven and a half floors of the One Belleview Station building, 7001 E. Belleview, after leaving a nearby Douglas County business park earlier this year. But Newmont was the toast of the master-planned neighborhood Thursday as company officials, development partners, real estate brokers and Denver Mayor Michael Hancock gathered to celebrate work getting underway on the 15-story office tower that it is set to move into in 2020.
Like Western Union, Newmont isn’t traveling far. Corp..
Goat yoga, lazy rivers, in-house chefs: Denver apartment complexes pull out all the stops to lure well-to-do millennials
Hannah Lewellyn, manager of business development at a posh apartment complex in Denver’s Speer neighborhood, is tasked with ensuring the compound’s goat yoga goes over smoothly, all is flowing as it should at the building’s bar and that everything’s panning out with the in-house chef.
“I handle the abnormal amenities here,” said Lewellyn, who lives and works at the Country Club Towers II and III.
As it looks to attract residents, the luxury apartment complex at South Downing Street and East Bayaud Avenue — Broe Real Estate Group CEO Doug Wells likes to call it a “campus” — is trying to set itself apart from the surge in downtown luxury units. More than 55 percent of its residents are between ages 24 and 35, according to Lewellyn.
To best tailor apartments to the most populous generation, Denver developers are zeroing in on millennials, who make up the biggest generation in the state and are a large portion of those moving into Colorado. In fact, nearly 52 percent of total in-migrati..
United Airlines celebrates upgrade at Flight Training Center in Denver, aims to keep growing
It wasn’t all that long ago that rumors about United Airlines pulling out of Denver International Airport were swirling in the Rocky Mountain air.
After restructuring some of the airport’s debt, DIA and the city leaders tossed a lasso around the airline in 2014, ensuring it would remain a key part of the city’s big circus tent of the skies until at least 2035. Since then, United has grown significantly at DIA, adding 50 new departing flights in 2018 alone to get to 400.
On Tuesday, airline and local leaders came together to celebrate another element of United’s growth in Denver: Its renovated and soon-to-be expanded Flight Training Center at 7500 E. 35th Ave.
CEO Oscar Munoz called Denver “one of the crown jewels of the family,” noting that its central location and a pro-business environment fostered by officials such as Gov. John Hickenlooper and Denver Mayor Michael Hancock give the hub a lot of potential.
“We are the fastest-growing airline (in the country) and Denver is our fa..
Front Range housing markets may still grow, but price declines are coming, computer model predicts
Signs that the housing markets along the northern Front Range are cooling may leave some buyers fearful of buying at the top and getting stuck with price declines.
Predictions are hard to come by, but Location Inc. offers some advice for the next five years based on its Scout Vision computer model: Stay away from Boulder, expect to take a hit on prices of around 10 percent in Fort Collins and metro Denver, and if appreciation matters, buy in Greeley.
“We still predict that the market will go down, more in some markets than in others,” said Andrew Schiller, CEO of the Connecticut-based analytics firm.
In April 2017, Location Inc. created a stir by warning that homes prices along the Front Range were going to peak in the fourth quarter of 2019 and decline 15.6 percent over a five-year window. Given how robustly home prices were rising at the time, that forecast was met with skepticism, to put it mildly.
A stronger-than-expected economy has caused the model, which is adjusted quarterl..
This week in Bezos: The return to Amazon HQ2 and minimum wage disputes
We try to keep away, but Amazon.com Inc. CEO Jeff Bezos has a way of pulling us all back in.
We rounded up all the recent, pertinent news chunks about the acclaimed Internet dude that some may call “Lex Luthor, but with a book fetish,” soon to be head of the Kalorama Citizens Association or perhaps most likely, “King of the moon.”
And I promise to be your unbiased, nonpartisan guide on this Amazon-related journey.
Alexa, let's begin.
Current net worth: $145 billion
Change since last week:…
Houston vs. Boston: How the cities’ demographics, commercial real estate markets compare
The Houston Astros beat the Boston Red Sox in Game 1 on Oct. 13. The next game is Oct. 14 at 6:09 p.m. Central Time.
The Houston Astros and Boston Red Sox kick off the American League Championship Series Oct. 13 at 7:09 p.m. Central Time. The best-of-seven series has games scheduled through Oct. 21.
The teams had the two best records in Major League Baseball this year — Boston with 108 wins and Houston with 103. It’s the second year in a row that the Astros cracked 100 wins and the first…