Real Estate Blog
How much house do you get for your buck in Denver? Only coastal cities do worse
Denver ranks 10th in a new study that looks at what $200,000 would buy in square footage in the nation’s top 32 metropolitan areas.
For that amount of money, a buyer can only get 661 square feet of home in Denver, the smallest bang for the buck outside of California, Washington and big Eastern cities such as New York and Boston.
For $200,000, Cleveland’s housing market offered a palatial 3,769 square feet, while Memphis, Tenn., came in at 2,965 square feet. Some might says it’s better to rent a micro-apartment in Denver with a killer job and great craft brews than own a McMansion in a fading Midwestern city where Budweiser remains the king of beers.
But low housing prices don’t have to equate with economic stagnation. Texas is no slouch when it comes to population growth, job creation and economic vitality. For $200,000 in Houston, a buyer would receive 2,039 square feet. In San Antonio, that amount buys a home with 3,249 square feet, and in Dallas, it buys 1,824 square feet. Even A..
Chipotle leaves a wound in Denver’s heart as it moves to California though its burritos aren’t going anywhere
Like a roadside attraction, the original Chipotle lured Michele Wagner on Thursday. Outside the restaurant chain’s birthplace, at 1644 E. Evans Ave., she posed her out-of-town family members for a photo.
“It’s like an icon,” Wagner said. “We heard about the headquarters moving yesterday, and it’s just a very sad day.”
Colorado is in a state of shock after learning that Denver’s quirky fast-casual chain — whose new CEO is from Taco Bell — is moving its headquarters to Newport Beach, Calif., an upscale community known for yachts, Kobe Bryant and a TV show called “The O.C.”
Chipotle Mexican Grill will join a county also stuffed with fast-food corporate offices, including neighbors Taco Bell and Del Taco. The sudden news created a wave of nostalgia for many in Denver on Thursday.
“Chipotle is a part of our life,” said Wagner, a Centennial resident who has been bringing her family to the broker of burritos since its opening in 1993. “We have a connection with it in our family.”
Founder..
Exclusive: New estimated $75M-$82M mixed-use project with a hotel and more headed to Central Florida
Here's what's coming near this planned freestanding emergency room in Central Florida.
Massive furniture store, distribution center opens north of Austin
A massive furniture retail outlet has opened just north of Austin in Pflugerville, the nation's third-fastest growing city.
California-based Living Spaces opened a new showroom and distribution center in Pflugerville on Friday. The 500,000-square-foot facility — that's about seven times as big as the average HEB grocery store and a tad smaller than the Frost Bank Tower in downtown Austin — is located near the intersection of State Highway 45 and Heatherwilde Boulevard, just west of the Texas…
With permits signed, back taxes paid, Willamette Falls riverwalk project moves forward
After a bit of a delay, the public and private partners have come to terms to get the project back on track. Construction could start in 18 months.
Fastenal will build new office complex near home base
Fastenal Co. on Friday announced plans to build a new office complex in downtown Winona, with room for potentially hundreds of employees.
The Winona-based vendor of industrial and construction supplies, which currently has its headquarters just north of downtown, announced its plans on Friday to build a 90,000-square-foot expansion along the city's historic Mississippi riverfront. The offices could house 400 to 600 workers.
The Winona Daily News has a report on the announcement, made by Fastenal…
Construction has begun on high-end apartments in Kent
A well-capitalized Seattle company, HAL Real Estate, is developing the 20-acre mixed-use project, Marquee on Meeker, with Landmark Development Group of Auburn.
New Palm Beach County apartment complex sold for $42M
American Landmark acquired the High Ridge Landing apartments in Boynton Beach for $41.9 million.
High Ridge Housing LLC, an affiliate of Palm Beach Gardens-based Eastwind Development, sold the 184-unit apartment complex at 3609 High Ridge Way. It was completed on the 7.7-acre site in 2017.
The price equated to $227,717 per unit.Tampa-based American Landmark said it would spend $500,000 upgrading the property, including improvements to the clubhouse and pool area with a grilling station and new…
‘Our worst fears confirmed’: Emails show Cary officials dismayed over Ikea departure
In early May, an Ikea executive emailed Cary Town Manager Sean Stegall to setup a face-to-face meeting. The message didn’t hint at the bad news to follow.
Illinois is losing more residents than any state except for one
Illinois is losing more residents than any state except for one.
In 2015, Illinois had a population of 12.17 million. By only 2016 (the latest year available), it shrank to about 12.15 million, resulting in a net drop of 138,000 people.
This trend has been the case for awhile, as Illinois citizens have been moving out of the state for years. This exodus from Illinois is due to many factors, the top ones cited by experts being high taxes, high cost of living, high in-state tuition, and a poor jobs…