Real Estate Blog
Earthquake cracks highway as Hawaii’s Kilauea volcano continues to spew ash
A magnitude 4.2 earthquake shook Hawaii's Big Island on Wednesday morning, while a smaller quake centered near Kilauea volcano three hours later caused noticeable damage to buildings in Hawaii Volcanoes National Park and a web of cracks and uneven road surfaces along Highway 11.
The National Park Service, which has jurisdiction of the highway between mile markers 28 and 38.5, did not close the highway, but cautioned motorists to slow down and use caution between mile markers 28 and 29, where the…
Downtown Denver’s big boom continues, but report shows people living in prosperous area overwhelmingly white, single and well off
If you’ve looked east from Sloan’s Lake Park and played a game of count the cranes, you’ve seen it. If you’ve taken the MallRide from Civic Center Station down to Blake Street for a Rockies game, you’ve felt it.
But the eye-popping numbers in a new report put a fine point on it: Downtown Denver is bigger, denser and more economically alive than it has ever been, and the growth shows no sign of abating.
One thing the area is not, however, is diverse.
Here are some facts: There are 133,478 people now working downtown, an all-time high. Twenty-three thousand people live in the six-neighborhood downtown area, three times as many as called it home in 2000. More than $1.35 billion in new development was completed in 2017 and the first part of 2018 and another $2.26 billion worth is in the works. Those pipeline projects are expected to bring 4,525 more residential units to Ballpark, LoDo, Central Platte Valley, Auraria, Golden Triangle and Central Business District neighborhoods.
Those nu..
City of Arlington, Texas, gets a “No, thanks” from Amazon for HQ2 bid — even after offering nearly $1 billion in incentives
Knock one city off the Amazon competition list. The city of Arlington, Texas, says it’s “no longer moving forward” to land Amazon’s second headquarters. But that doesn’t make Denver’s chances any better.
According to Arlington officials, the city was just one part of the proposal from the Dallas area. Other areas in Dallas still are being considered for the $5 billion HQ2 project that could bring 50,000 jobs to the chosen region, according to an Associated Press report.
And Denver, one of the 20 finalists named by Amazon in January, is still on the list, said Metro Denver Economic Development Corp. vice president Sam Bailey, who is handling the state’s bid for the conglomerate.
“We are in communication with the company and based on our communications, we’re still in full consideration for HQ2,” Bailey said Wednesday. “We have not received any information that we’re out of contention of the project.”
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Northern Virginia could get a big bite of Apple
Even if it doesn’t come up with Amazon.com Inc.’s second headquarters, Greater Washington could still land one of the most sought-after economic development prospects in North America right now: Apple Inc.
The Cupertino, California-based tech giant plans to make a decision relatively quickly on where it will put its latest corporate campus, and Apple (NASDAQ: APPL) executives are considering several sites in Northern Virginia that could meet the company’s needs for around 4 million square…
Construction starts on 45-story apartment towers in Seattle
This is the second two-tower apartment project that Canadian developer Westbank has begun building in Seattle this spring.
No tsunami threat but code red remains due to ash emission from Kilauea volcano on Hawaii’s Big Island
A magnitude 4.2 earthquake shook Hawaii's Big Island on Wednesday morning, and while there was no tsunami threat, the ongoing eruption of the island's Kilauea volcano continues to pose a health risk to residents in the lower Puna area.
In a message posted at 8:45 a.m. Wednesday morning, Hawaii County Civil Defense confirmed that there's no tsunami threat to the island of Hawaii.
“The Pacific Tsunami Warning Center reports the earthquake that occurred at approximately 8:36 a.m. was NOT large enough…
Exclusive: First look inside Portland’s Jupiter NEXT hotel (Photos)
If the Jupiter Hotel is the original Portland hipster hotel, with a bit of a rowdy, late-night feel to it, then think of the forthcoming Jupiter NEXT across the street as its somewhat calmer, more reserved older sibling.
“I see it as the evolution of our customer,” said Al Munguia, general manager of the hotels. “With Jupiter NEXT, you still have the true model of what we are, this funky, hip hotel with a fun live music venue. But now, I sort of want to get to bed at a little bit more reasonable…
Columbus in a ‘goldilocks’ real estate market, but problems developing
Now is a good time to be in Columbus real estate.
At its annual state of real estate forum on Wednesday, SVN's Columbus brokerage group said the positive momentum of the economy and a more favorable tax climate for businesses are boosting economic growth to a steady pace. And that goes double for Columbus, a booming market where developers and investors from out of town have generated a healthy appetite for land.
“We get calls every day, from all over the world – ‘Find me something in Columbus,'”…
More Sacramento 20-somethings still living with parents (Slideshow)
College graduates are more likely to be living with their parents than they were before the housing bubble burst.
An analysis of Census data by Zillow finds that, nationally, 28 percent of recent college graduates in their 20s lived with their parents in 2016, compared to 19 percent in 2005.
This is especially prevalent in Sacramento, which ranks No. 3 nationwide for the percentage increase of recent college graduates living with their parents in that time period. Locally, 33 percent of recent…
Federal court ruling could spark ‘rash of lawsuits’ over Colorado urban renewal projects
Glendale deputy city manager says the decision could result in lawsuits throughout Colorado and possibly extend to other states.