Real Estate Blog
See Sherman’s $125 million plan for Washington Ave. site (renderings)
Sherman Associates has disclosed more details of its planned $125 million project on what is now a Washington Avenue parking lot.
A project narrative filed by the Minneapolis developer shows images of the 22-story market rate apartment building that Sherman plans for the block, located between Fifth and Portland avenues. The building would include 222 units and 220 spaces of underground parking for residents next to a 312-stall parking ramp. The ramp would be screened by a six-story, 90-unit affordable…
Kannapolis 2.0 launched; local developers, industry plan millions of improvements, new projects of their own
Now, developers, business and industry, homebuilders and shopping center builders are planning millions of dollars in development, particularly in western Kannapolis, although much of it is not directly connected to the remake of downtown.
More residential projects proposed on fringes of Mecklenburg County
More residential projects on the northern and southern edges of Charlotte are on the table for City Council review, with a continued focus on apartments and townhouses.
Developers R2 Development, Dependable Development and NVR recently filed rezoning petitions with the city to build denser residential projects, a hot product type in this expansion period. But as infill sites close to the urban core get snapped up and developed — and more expensive — real estate companies are turning their eye…
3 Colorado housing markets among healthiest in U.S., report says
A new SmartAsset study ranks the housing markets of three Colorado cities in the tip 10 healthiest in the United States.
Colorado Springs ranked No. 3, Aurora ranked No. 7 and Denver ranked No. 9.
The study used four factors to determine a healthy market: stability, affordability, fluidity, and risk of loss. It only considered cities with a population greater than 200,000.
On a national scale, Buffalo, New York, ranked No. 1 healthiest housing market in the U.S.
The study saw Colorado Springs…
This local homebuilder is bringing luxury modern architecture from Miami to Baltimore
If Greater Baltimore is going to attract big money talent, the region needs to deliver on the kind of lifestyle many of those individuals look for.
For Aaron Feivelson, that lifestyle begins quite literally at home.
Feivelson has launched a new company in partnership with a Miami architecture firm to bring a new, modern style of high-end home design to the mid-Atlantic.
While the Baltimore area does have its share of luxury mansions and homes, they are overwhelmingly in the traditional style,…
Inside the more than $2 million renovation of the historic Witte Hardware Building on Laclede’s Landing
Built in 1902, the 80,000-square-foot building originally served as a warehouse distribution facility for Witte Hardware.
U.S. mortgage rates reverse course
U.S. mortgage rates rose this week after dropping in most of the recent weeks, according to Freddie Mac.
The 30-year fixed mortgage averaged 4.53 percent for the week ending July 12, up from 4.52 percent the previous week. A year ago, mortgage rates stood at 4.03 percent.
Favorable mortgage rates have helped drive U.S. home sales and the refinance market.
Sam Khater, Freddie Mac’s chief economist, said mortgage rates were mostly unchanged, but did tick up for the first time since early June.
“The…
Trucking facility proposal in Franklin faces resistance
A Cudahy trucking company plans a new shipping facility in the Franklin Business Park, but could meet resistance from city officials due to a zoning law prohibiting them.
Cool Offices: Modern Blue Bell-based architecture firm
Montgomery County architecture firm, Kimmel Bogrette, has made lots of moves leading up to where it is now. The company started out in the dining room in a Center City townhouse, then moved to a living room on the Maine Line, next spent two decades in Conshohocken before spending almost five years in Blue Bell.
“The opportunity to relocate presented not only a growth opportunity, but one to facilitate and explore some best practices into our new offices. We knew we wanted an office embracing collaboration,…
Lakeside development in Charlotte region at the end of the road
The endgame for luxury lakeside living near Charlotte is underway on the rolling meadows of the community of McLean. Here's an inside look at plans for 800 homes in three neighborhoods on a prime Lake Wylie site.