Real Estate Blog

The latest mixed-use project along North High Street would bring more rental units to the University District north of campus.

It already has a center dedicated to entrepreneurship named for him. Now the University of Colorado Denver Business School is building a downtown event hall that will bear the name of local furniture tycoon Jake Jabs.

The university broke ground Tuesday on an addition to its building at 1475 Lawrence St. that will eventually house a 300-plus-seat event space, two large classrooms, a catering kitchen, business incubator space and a third-story auditorium. When it opens in late 2019, the Jake Jabs Event Center will also serve as the new headquarters for the American Furniture Warehouse founder’s eponymous entrepreneurship center.

CU Denver and StantecA rendering of the 90-person auditorium that will occupy a portion of the Jake Jabs Event Center’s third floor. The center is being built on the alley between Lawrence and Larimer streets, south of 15th Street in downtown Denver.The $6 million project is being funded through a $12 million gift from Jabs. The remainder of the money will be ..

People who make money renting property through websites like Airbnb can breathe a sigh relief after state lawmakers decided Wednesday against pursuing a property-tax increase on short-term rentals.

But the way Colorado’s property tax system works overall appears headed for a major overhaul in 2019.

“I feel a bit like I’m at my own wake,” former state lawmaker Dennis Gallagher said.

He’s the author of the Gallagher Amendment, which created a property tax formula Colorado has used for more than three decades. It has kept home property taxes low — so low some rural counties are struggling to pay for basic services — and now state senators and representatives on an interim committee are debating whether to unwind all or part of the amendment.

One of those ideas was to reclassify short-term rentals as commercial property for the days they’re rented out — effectively quadrupling the percentage of their home that’s subject to property taxes.

The idea was that adding more commercial prope..

Cousins Properties and Hines acquired the rights to develop a 15-story office tower as part of the mixed-use project.

The building is the headquarters of many companies and law firms.

The Sacramento Business Journal celebrated its Best Real Estate Projects with a breakfast on Sept. 28. The event at McClellan Conference Center attracted 270 people.

Check out the accompanying photo gallery to see names and faces from the event, which focused on the highest-impact real estate projects of the past 12 months. This year's Best Real Estate Projects document the strength of the Sacramento region's economic recovery.

Learn more about our Best Real Estate Projects with the slideshow…

Jay Shidler, founder and managing director of The Shidler Group and benefactor of the University of Hawaii business school that bears his name, is recuperating at the Rehabilitation Hospital of the Pacific in Honolulu after suffering a stroke last week.

Shidler, 72, had the stroke on Sept. 23 in Honolulu after returning from Seattle, where he attended a ceremony to mark his gift of ground leases to the University of Washington School of Medicine.

“It would have been easy to fly back to Seattle…

Cincinnati City Council voted unanimously for a plan on Wednesday that will allow Tristate Wholesale Building Supplies Inc. to move out of the planned footprint of FC Cincinnati’s Major League Soccer stadium to Lower Price Hill.

Tristate Building Supplies will pay $176,000 to a fund set up to maintain affordable housing in the West End. In exchange, the city will turn over property at the MetroWest Commerce Park in Lower Price Hill to the company for $1 for its new $6.7 million, nearly 7-acre…

Kamehameha Schools will audit more than 3,000 properties statewide to identify and close large-capacity cesspools under an agreement with the U.S. Environmental Protection Agency that also calls for Hawaii’s largest private landowner to pay nearly $100,000 related to a large cesspool on the Big Island.

Large-capacity cesspools were banned by the federal government in 2005 and the state of Hawaii is working to close or upgrade all small-capacity cesspools by 2050.

The EPA’s agreement with…

Houston City Council has approved a plan for the Houston Forensic Science Center to move to a new space downtown.

According to a City Council agenda item, the HFSC will move into approximately 83,080 square feet of space at 500 Jefferson. That will include three floors of office space and a newly constructed crime lab, according to Houston Public Media.

Additionally, HFSC will occupy 3,000 square feet in the basement, where there will be a 25-foot-long firing range. The 30-year lease will begin…