Tag: Real Estate
-
Denver City Council approves redevelopment plan for 27th and Larimer
The Denver City Council on Monday approved a plan to allow a national real estate firm to redevelop the southeast block of Larimer street between 27th and 26th streets. The plan also includes a portion of land on 26th and Larimer. Business owners near the proposed redevelopment showed up in full support of the plan…
-
Metro Moves: Society of Industrial and Office Realtors taps Todd Witty as Colorado chapter president
Welcome to the Denver Gazette’s Metro Moves. You’ll get the latest metro Denver openings, closings, hiring and promotion briefs here. To submit your company’s news, drop an email to [email protected]. INDUSTRIAL The Colorado Chapter President of the Society of Industrial and Office Realtors elected Todd Witty, a senior vice president at CBRE, a commercial real…
-
Denver home inventory, prices and closings down in October as market continues cooling
Denver’s residential home inventory declined slightly in October to 7,290 homes, but this still marked a 116% year-over-year increase, according to the Denver Metro Association of Realtors Market Trends report released Thursday. As the number of available for-sale homes declined, the number of closings dropped 24.64% to 3,315 last month. While inventory is still below…
-
Denver’s Zocalo Development breathes new life in Baker neighborhood’s ‘crown jewel’
The former First Avenue Hotel at 101 N. Broadway stood condemned, vacant and boarded for many years. The four-story Italian Renaissance Revival style beauty serves as the entry to the Baker neighborhood, and has for more than 115 years on the northwest corner of Broadway and First Avenue. Zocalo Community Development Inc. CEO David Zucker remembers…
-
Eisenhower’s former ‘Cold War retreat’ ranch in Colorado sold
When President Dwight D. Eisenhower looked for an escape from the simmering Cold War in the 1950s, a favorite getaway was a rustic ranch four miles west of Winter Park — accommodations that were a far cry from Palm Beach, Martha’s Vineyard and other retreats that presidents frequent now. Byers Peak Ranch in Fraser, the…
-
Rising mortgages keeping metro Denver apartment vacancy rates low
Fast-rising mortgage rates might be denting the record home prices that Denver sellers enjoyed last spring, but they’re only serving to reinforce the low-vacancy apartment market, according to developers and recent rental data. “You’ve seen some (home) prices start to decline as new homes and resales are taking longer to sell, but that’s actually helping…
-
Out-of-state business location specialists critique metro Denver
Out-of-state specialists helping companies find good locations in which to relocate or expand spent the past three days combing over the metro Denver area, then presented feedback to a room full of business and government leaders Friday morning. The 18th Annual Metro Denver Site Selection Conference and Consultant Feedback event drew heaps of praise for…
-
Denver Metro Chamber leaders blast possible EPA rules that would hike gas prices
Denver Metro Chamber of Commerce officials and business leaders on Thursday singled out the biggest issues impacting businesses in 2022, including “economically damaging” Environmental Protection Agency rules that will come down on Colorado soon over air quality standards, construction defect laws that business leaders say are ineffective and don’t prevent lawsuits in condominium developments and…
-
Report: Metro Denver’s home sales market shifting a bit toward buyers
Metro Denver’s home sales market continued its march in July toward a more balanced market between sellers and buyers as average home sales prices dropped again and inventory continued to rise, according to a Market Trends report released Wednesday from the Denver Metro Association of Realtors. The report shows the average closing price for single-family…