Real Estate Blog
Triad city seeks developer for resumption of $76 million housing project
Single-family homes are part of the project.
See the most expensive home sales in Greater Cincinnati in February: PHOTOS
The most expensive home sold in February was more than $400,000 more expensive than the top home sale in January.
Of the most expensive homes sold across the region last month, only four were sold at a price of $1 million or more. In January, seven of the most expensive homes sold were priced at $1 million or higher.
This month there are 11 top home sales because three homes sold for the same price. To view the top 11 home sales in Greater Cincinnati last month, click on the images above.
The…
Developer’s former Star Island mansions listed for $40M (Photos)
Developer Thomas Kramer’s former mansions on Miami Beach’s exclusive Star Island have been listed for sale with an asking price of $40 million.
Douglas Elliman broker Brett Harris, who has the listing, said the property could be a tear down play in order to build a new mansion. Totaling about 80,000 square feet, the lots at 4 and 5 Star Island Drive have a combined 17,000 square feet of living space.
The homes feature a 10,000-bottle wine cellar, a pool/spa, gym, a movie theater, and garages…
Plans taking shape for redevelopment around Elitch Gardens, but park not going anywhere soon, owner says
When Rhys Duggan and his partners were discussing plans to purchase the 62-acre property bounded by the South Platte River, Speer Boulevard, Interstate 25 and railroad tracks in central Denver, they called it by the code name “doughnut hole.”
Aside from Elitch Gardens Theme and Water Park, the site is mostly surface parking lots surrounded by hip, redeveloped neighborhoods like LoDo and Highland.
Now, with a city-led planning process aimed at creating a long-term vision for the area rounding into shape, Duggan and his partners are releasing their vision for how they plan to fill that hole that they purchased in 2015 with backing from billionaire Nuggets and Avalanche owner Stan Kroenke.
Rest easy, roller-coaster lovers. Elitch’s isn’t going anywhere, Duggan said, though its 17 acres worth of parking lots are slated to eventually be replaced by a single parking structure and new buildings as part of Phase 1 of his project. Early conceptual plans call for a mix of office, residential..
Man who admitted luring investors to Colorado real estate scam now leads financing of $100 million Wisconsin redevelopment project
Provided by Wausau Pilot & ReviewRiverlife Village siteMore than 10 years after a former Denver man was charged with securities fraud for his role in an $8.3 million real estate scam, he continues to make monthly restitution payments to his victims.
But Jason Sharkey’s criminal background hasn’t stopped him from becoming a key player in an $80 million to $100 million riverfront redevelopment project in Wausau, Wis., that’s funded in part by city money, according to records from the U.S. and Canada.
The first phase of Riverlife Village is now under construction on 16 acres of city-owned land in Wausau, a community of about 39,000 people 100 miles west of Green Bay, with Sharkey running the project’s financing through a company he founded called Quantum Ventures.
“That’s insane. That’s just crazy, that’s what that is,” said Broomfield resident Thomas Severino Jr., one of many investors lured into the Colorado scam by Sharkey. He and his wife invested $40,000 with Sharkey, who still se..
Greater Washington has 11 of the world’s billionaires
Eleven of the world's 2,208 billionaires live in Greater Washington, according to new rankings from Forbes.
Jacqueline Mars, heir to the Mars Inc. candy and pet food fortune, is the richest person in our region, coming in at No. 34 on the list with a $23.6 billion net worth. The Virginian's net worth has fallen since the last ranking a year ago, when she was No. 26 with $27 billion. We recently honored Mars Inc. at our Family-Owned Business Awards. Click here to read our profile about the notoriously…
IKEA Live Oak announces ground breaking date
Swedish furniture store chain IKEA has announced the groundbreaking at the future Live Oak Town Center in Live Oak will be on March 21.
The 289,000-sqaure-foot store, which is expected to open for business in Spring 2019, will sit on 31 acres at the southwest corner or Interstate 35 and Loop 1604 and will anchor the larger 111-acre Live Oak Town Cente, which is being leased by Weitzman. Expected attendees of the groundbreaking include Live Oak Mayor Mary Dennis, Live Oak's City Manager Scott Wayman,…
New life for Harris Land’s Quail Hollow mixed-use plan?
New renderings of the Quail Hollow mixed-use plan popped up at the International Council of Shopping Centers annual conference on Tuesday.
Birmingham projects approved for historic renovation tax credits
Multiple Birmingham projects were awarded historic renovation tax credits in the state's revived program.
As Amazon weighs where to put HQ2, execs quietly tour the U.S.
Ten people from Amazon.com Inc.'s HQ2 economic development team visited Denver in February to check out the region for themselves.
Denver may have been among the first of the 20 finalist bids visited by Amazon (Nadaq: AMZN), said J.J. Ament, president of the Metro Denver Economic Development Corp. — the private organization leading the Colorado region’s effort to become the court the company's second headquarters, which is a promised $5 billion investment.
“They moved very quickly from the…