Real Estate Blog
Loveland developer planning 208-unit apartment project in Longmont
Lewis Geyer, Times-Call“Sold” sign in front of a new foundation for a home on Sicily Circle in Longmont Sept. 12, 2017. Another 208 unit apartment complex is being planned near Front Range Community College.Growth around Longmont’s Creekside Business Park continues with plans from a Loveland-based real estate firm to build a new multi-family housing community on a 8-acre plot adjacent to the Front Range Community College’s Boulder County campus.
The proposed 208-unit project, to be developed by McWhinney Real Estate Services Inc., will be called Creekside Silo and is expected to include a mix of apartments and townhomes, according to Longmont’s active development log.
The aim of the project is “create an attractive apartment community that is representative of modern architecture and amenities but is in-keeping with the natural and built environments surrounding it,” McWhinney’s multifamily development director Kirsty Greer wrote in a letter to Longmont city planning staff.
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Fed up with Bay Area traffic, politics and high prices, a landlord decided to sell his properties and move to Colorado. His tenants are coming with him.
SAN JOSE – Tony Hicks moved to San Jose in 1981, but he’s had enough.
Hicks told his 11 tenants he would soon place the three homes he owns on the market. He expected disappointment. Instead, most wanted to move with him to Colorado.
“It didn’t take them long,” Hicks said. “I was surprised.”
Rising prices, high taxes and his suspicion that the next big earthquake is just a few tremors away convinced the retired engineer to put his South San Jose properties up for sale.
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Dallas investors plunk down $28 million for “Lego” building in Aspen
The Aspen TimesLocated at 535 E. Hyman Ave., the so-called Lego building in downtown Aspen sold for $28 million.A Dallas-based group has paid $28 million for an off-market, downtown Aspen commercial property nicknamed the “Lego building.”
Stephen Summers, the operator-manager of the CT018 Aspen LLC partnership, which closed on its acquisition of the 535 E. Hyman Ave. building Wednesday, said the wheels are in motion to bring retailers into the 20,000 square feet of commercial space that has been mostly vacant since it was built in 2015.
The corner building currently is home to the luxury fashion boutique Mr & Mrs Italy on its ground level and the yoga studio Aspen Shakti in its basement space.
“We thought that location is on the 50-yard line, and they just need to get some activity,” Summers said.
Summers also was instrumental in attracting Austin, Texas, restaurateur Larry McGuire and his partners to Aspen. Last year, McGuire and investors paid $2 million for the Little Annie’s bu..
Can redevelopment help preserve a neighborhood’s soul? Uptown Denver’s main street straddles the line between its roots and the city’s ongoing boom
East 17th Avenue has been known for several things over the last century or so: a streetcar line, the city’s “restaurant row” and a concentration of LGBTQ bars and hangouts.
Now, as highlighted by some notable building vacancies and one big redevelopment project, the street is a thoroughfare straddling the line between new and old in Denver’s Uptown neighborhood.
It is insulated from downtown-scale density by zoning rules that cap most buildings along its curbs at eight stories and 110 feet tall east of Logan Street. But there has been recent speculation that 17th Avenue, harboring a number of ever-rarer surface parking lots and set to welcome its tallest building in years in 2019, is ripe for a wave of new max-height structures and/or developers seeking zoning variances from the city to go higher. It’s a prospect that excites some and worries neighbors hoping the storied street can stay true to its low-slung, 20th-century roots amid Denver’s ongoing reach for the sky.
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Karmaloop founder Greg Selkoe puts Back Bay condo up for sale for $10.5M
Greg Selkoe has always been a Boston guy.
But the entrepreneur behind the rise and public fall of streetwear e-retailer Karmaloop, recently put his $10.5 million Back Bay condo up for sale after moving to Los Angeles with his wife and two children last year.
Selkoe, who founded an online apparel startup last September called Wanderset LLC, previously ran Karmaloop for about 15 years to a peak revenue of about $150 million in 2013 before financial trouble led to bankruptcy and a public battle…
Are Canadian home buyers returning to Hawaii?
Dennis Rush of Elite Pacific Properties said he closed on a deal for a unit at the Wailea Beach Villas to a Canadian buyer last week for $4.2 million and is seeing a “resurgence of Canadian buyers.”
Hyatt unloads Union Square hotel as part of $1 billion portfolio sale
The iconic Grand Hyatt San Francisco is going home with a new owner now that a Maryland-based real estate company has picked it up as part of a portfolio sale worth $1 billion.
Host Hotels & Resorts (NYSE: HST) has now entered into a definitive agreement with Hyatt Hotels Corporation (NYSE: H) for the 668-room property in Union Square, the 301-room Andaz Maui at Wailea Resort and the 454-room Hyatt Regency Coconut Point Resort and Spa in Florida. Hyatt will stay on after the sale closes by late…
Nearly two decades later, Sobrato to dig in on last piece of San Jose office development
River Corporate Center sits on the edge of downtown San Jose and was originally planned to be a three-building office complex. But for years that original vision has been only partially realized as the building pad for the third building has sat empty. That's about to change.
Waterfront development signs a chunk of new office space
Chicago Title & Fidelity National Title Company will join the M.J. Murdock Charitable Trust in one of the new office buildings sprouting along the northern banks of the Columbia River in Vancouver.
Gramor Development, the firm behind the $1.5 billion, 32-acre Waterfront Vancouver development, has signed a lease with the title company for 10,000 square feet of space in its Block 6 East building. Colliers International brokered the deal.
The 70,000-square-foot building is one of several that are…
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