Real Estate Blog
IN PHOTOS: Alabama Power’s Smart Neighborhood part of national tour
The Ross Bridge neighborhood is being featured as part of an initiative from the U.S. Chamber of Commerce's Global Energy Institute.
On the market: Check out the priciest C. Fla. home for sale right now
The Sunshine State's housing market continues to see climbing prices and dwindling supply.
Central Florida's housing market has been hot for several years, leading to a surge in prices and quick sales – even for homes at the upper end of the price range.
In the slideshow above, here's a look at the most expensive home on the local market now: 5115 Fairway Oaks Drive, which is on 7.18 acres along the shore of Lake Bessie in Windermere, according to the Orlando Regional Realtor Association.
The…
Columbus leaps five spots to become fourth hottest housing market nationwide
Columbus reached its highest rank last month on Realtor.com's list of the nation's hottest housing markets, coming in at No. 4.
The numbers are based on how many hits each home listing gets as well as how quickly homes are moving. Realtor.com's listings show the median price rising to $140,000 and active listings down to 2,140.
“Is California's reign over?” Realtor.com asked as West Coast markets, which traditionally dominate these kinds of rankings, have been upstaged by even hotter housing…
Hawaii County orders second evacuation as new lava fissures erupt from Kilauea volcano
Residents of a second subdivision on Hawaii’s Big Island were ordered to evacuate immediately Tuesday afternoon after county civil defense officials said two new fissures with lava from Kilauea volcano had opened.
Hawaii County Civil Defense officials told residents in Lanipuna Gardens they were in “immediate danger,” according to local media reports. Residents of Leilani Estates — where some 35 structures, most of them homes, have been destroyed by lava — have been under an mandatory…
Hawaii areas hit by floods, volcano, on opposite ends of housing market
The Hanalei district on Kauai’s North Shore, where floods damaged or destroyed hundreds of homes, has some of the priciest real estate in the Islands, while the Puna District on the Big Island, where Kilauea volcano began a new eruption last week, is known for having the lowest prices in Hawaii,
East Bay food hall gets redesign, Hudson Pacific’s new tech tenant, Essex Property stays bullish, and more in our weekly real estate digest
Editor's note: The San Francisco Business Times recently launched this weekly real estate digest featuring a round-up of local news items, musings from notable figures, insights from other publications and must-reads from our own newsroom. As always, we'd love to hear what you think and how we can improve. Please email digest editor Emily Fancher ([email protected]) with any feedback, suggestions or possible news items for this feature.
The developer behind a long-awaited food hall planned…
3 Phoenix-area execs selected to national list of CRE executives
Three Phoenix-area executives have been selected to a national list of notable commercial real estate executives.
The Business Journals’ Influencers: Commercial Real Estate spotlights 100 executives having an influence on real estate and development in their respective communities. These 100 executives represent both large, nationally recognized firms and smaller, family-owned businesses. Some are long-tenured executives while others have found success relatively early in their careers. And while…
Nan Inc. wins $400M rail contract to relocate utilities
The Honolulu Authority for Rapid Transportation has awarded Nan Inc. a contract worth a maximum $400 million to relocate utilities along the proposed rail transit route through Honolulu’s city center.
The indefinite delivery-indefinite quantity contract covers task orders for work from Middle Street to Ala Moana Center, including Kalihi, Chinatown, Downtown Honolulu and Kakaako.
The segment accounts for 4.1 miles of the 20-mile rail route, which will have eight stations.
“This work will progress…
Denver council outlaws slot homes after years of neighborhood outcry
The Denver City Council outlawed the building of controversial “slot” homes in their current form Monday, nearly two months after the city’s planning department stopped accepting new development plans.
Related story
After years of booming development, Denver’s slot home crackdown comes too late for some neighborhoods
But the popularity of sideways-oriented townhomes with developers resulted in a packed pipeline of projects, with 30 or more submitting site development plans by the city’s March 14 cutoff. That means dozens of slot home projects designed under the previous zoning rules still could rise in Denver’s older neighborhoods in the next couple of years.
The council approved, 11-0, a raft of changes to zoning rules that will alter the configurations and designs of future townhome projects, addressing many of neighborhood advocates’ most common complaints.
Most significant is a new requirement that developers orient new projects’ main buildings — and more front doors — toward t..
Colorado Symphony, now operating in the black, catches break on rent for city-owned Boettcher Concert Hall and office space
The city of Denver is cutting the Colorado Symphony extra slack in two lease deals that will provide the organization with nearly free office space and cheaper rent to use Boettcher Concert Hall.
Two years ago, the Colorado Symphony Association ended the year in the black for the first time since a 2011 internal review declared that it was on the brink of financial disaster. Now on the upswing, the association will get an extra cushion from an estimated savings of $166,000 a year at the city-owned Denver Performing Arts Complex under two lease agreements. The City Council approved both Monday night as part of a block vote.
The break on rent is being granted by Denver Arts & Venues, which operates off admission taxes and other income from city-owned venues.
Ginger White-Brunetti, the city agency’s deputy director, said the changes reflect that the orchestra is using aging facilities.
As part of evolving plans to rebuild the arts complex in coming years, the city and the Symphony Ass..