Recent Links
by Osman Parvez
It’s been awhile since I posted links.
Here are a few recent real estate and development related stories that are worth checking out (some articles may require registration).
Bad luck be damned, 29th Street’s Grand Opening is Friday, October 13th. The Wild Oats store won’t be ready but 88% of the mall is leased, according to developers.
Louisville is moving closer to creating an urban renewal area along CO42, with the planning commission voting 5-1 to move the proposal forward. The future Fasttracks stop located in the same area is helping provide momentum.
Noodles and Company have moved their HQ to Broomfield.
Through a sale/leaseback, local biotech Array BioPharma is getting an additional $32MM in capital. I’m happy to report they are staying in Boulder.
Less common in Boulder, Scrape Offs are popular in Cherry Creek, Hilltop, Cory-Merrill and University Park neighborhoods of Denver.
Home sales in Denver are presenting an interesting market pattern. High end homes are fetching record amounts and average prices have increased more than expected even as inventory rises and foreclosures mount.
Development in Boulder is continuing at a strong pace and some builders have plans for neighborhood icons, including the First Christian church on 28th street which is slated to become a condo building. The article does a good job of explaining the issues at play.
A new proposal could cut out Erie from benefiting from a rail station being planned for Longmont. This is one of two new stations for Longmont, one of which is part of Fastracks pointing toward Boulder. The other is a commuter rail line running along I-25.
Of course, the ongoing foreclosure situation in Colorado deserves attention. For the 6th month in a row, Colorado has the highest foreclosure rate in the nation. With 1 in every 280 occupied homes in some state of foreclosure, we clearly have an epidemic. Some areas are affected more than others and Boulder remains relatively unscathed.
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Want to get blog updates via email? Click HERE.
Ready to buy or sell? Schedule an appointment or call 303.746.6896.
You can also like our Facebook page or follow us on Twitter.
As always, your referrals are deeply appreciated.
—
The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
Recent Links
by Osman Parvez
It’s been awhile since I posted links.
Here are a few recent real estate and development related stories that are worth checking out (some articles may require registration).
Bad luck be damned, 29th Street’s Grand Opening is Friday, October 13th. The Wild Oats store won’t be ready but 88% of the mall is leased, according to developers.
Louisville is moving closer to creating an urban renewal area along CO42, with the planning commission voting 5-1 to move the proposal forward. The future Fasttracks stop located in the same area is helping provide momentum.
Noodles and Company have moved their HQ to Broomfield.
Through a sale/leaseback, local biotech Array BioPharma is getting an additional $32MM in capital. I’m happy to report they are staying in Boulder.
Less common in Boulder, Scrape Offs are popular in Cherry Creek, Hilltop, Cory-Merrill and University Park neighborhoods of Denver.
Home sales in Denver are presenting an interesting market pattern. High end homes are fetching record amounts and average prices have increased more than expected even as inventory rises and foreclosures mount.
Development in Boulder is continuing at a strong pace and some builders have plans for neighborhood icons, including the First Christian church on 28th street which is slated to become a condo building. The article does a good job of explaining the issues at play.
A new proposal could cut out Erie from benefiting from a rail station being planned for Longmont. This is one of two new stations for Longmont, one of which is part of Fastracks pointing toward Boulder. The other is a commuter rail line running along I-25.
Of course, the ongoing foreclosure situation in Colorado deserves attention. For the 6th month in a row, Colorado has the highest foreclosure rate in the nation. With 1 in every 280 occupied homes in some state of foreclosure, we clearly have an epidemic. Some areas are affected more than others and Boulder remains relatively unscathed.
—-
Want to get blog updates via email? Click HERE.
Ready to buy or sell? Schedule an appointment or call 303.746.6896.
You can also like our Facebook page or follow us on Twitter.
As always, your referrals are deeply appreciated.
—
The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
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More about the author
Osman Parvez
Owner & Broker at House Einstein as well as primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has appeared in the Wall Street Journal and Daily Camera.
Osman is the primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has also appeared in many other blogs about Boulder as well as mainstream newspapers, including the Wall Street Journal and Daily Camera. Learn more about Osman.
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Thinking about buying or selling and want professional advice?
Call us at 303.746.6896
Your referrals are deeply appreciated.