Real Estate Blog
Massive Denver public projects involving private sector would be streamlined under Mayor Hancock proposal to City Council
Denver city leaders Thursday rolled out their vision of how best to streamline the construction and management of massive public projects through partnerships with the private sector, a strategy increasingly being adopted by cities nationwide.
Their blueprint entails launching a new city office dedicated to vetting and shepherding such projects — which can cost hundreds of millions or even billions of dollars — through construction and management agreements that can span decades. Details of the plan were revealed after the city spent $1 million on an outside consultant and wrangled for months with the City Council last year about oversight.
Mayor Michael Hancock’s administration is proposing a “performance-based infrastructure” program, which would draw on effective practices from around the world for how best to design partnerships to get major infrastructure projects built and tend to their long-term upkeep, while the private-sector partners share in project benefits and risks.
“T..
Exclusive: Clint Reilly snaps up Financial District building for $129 million
CBRE Global Investors score a cool 47 percent profit after just four years of ownership.
Bookbinder’s former restaurant space put up for sale
The property housed the famed Philadelphia restaurant for decades but is now occupied by a Garces Group concept called the Olde Bar.
Forty Five Ten’s interior design store to close on McKinney Avenue
After little over a year, For Home by Forty Five Ten’s stint in Dallas is coming to an end.
Forty Five Ten will not renew For Home's lease at its 4510 McKinney Ave. location and plans to close the interior design store on July 31, according to a statement released Thursday.
The company, owned by Headington Companies, said the closure boosts its focus on its 37,000-square foot flagship store at 1615 Main St. in downtown Dallas, where its fashion retailer Tenoversix is set to move this fall.
“We…
SNEAK PEEK: Step inside this newly renovated Urban Bourbon Trail stop (PHOTOS)
After closing for six weeks, Down One Bourbon Bar & Restaurant is reopening soon with brand new touches.
The Urban Bourbon Trail stop, at 321 W. Main St., across Third Street from the KFC Yum Center, revamped both its space and the restaurant's menu.
Executive Chef Jim Anile's “new menu relies on Southern favorites like cheese curds, loaded 'massive, four-corner' biscuits and house-made pimento cheese,” according to a news release.
Down One's new menu includes a lot of brisket — one of Anile's…
Two restaurants coming to the Shoppes at Mid Rivers development
Two restaurant brands have signed on as tenants at the $54 million development by Tennessee-based GBT Realty.
Coca-Cola to invest in, expand Cincinnati operations
With Coca-Cola Bottling Co. Consolidated planning to build a sales and distribution center in Northern Kentucky, the company also is making investments on the Ohio side of the river.
Publix buys all Safeway stores in Florida, including one in Altamonte Springs
The last remaining Safeway stores in Florida have been gobbled up by Publix Super Markets Inc.
The Lakeland-based grocer said Thursday that it has acquired the Safeway stores in Largo, Altamonte Springs near Orlando and Oakland Park near Fort Lauderdale.
The stores were Albertsons until 2016. Safeway and Albertsons merged in 2015, and the three remaining Albertsons in Florida were converted to Safeways after multi-million dollar renovations.
The stores will operate as Safeways until early September…
D.C. appeals $32M verdict in Buzzard Point eminent domain case
D.C. Attorney General Karl Racine has challenged the $32 million verdict a Superior Court jury ordered D.C. to pay Akridge for part of the site of D.C. United's new soccer stadium.
The city wants the court to vacate the jury assessment because it was not allowed to tell the panel about a tax appeal filed by the D.C. developer in 2010 that valued the roughly 2-acre Buzzard Point site at $7.2 million.
That figure is significantly less than the $16 million Akridge paid for the property in 2005 and…
EXCLUSIVE: Louisville nonprofit launches major Portland expansion
Workwell Industries is adding as much as 70,000 square feet of warehouse space and is expected to add dozens of new jobs.