While the median home price in Aspen has eclipsed $3 million, the city has a robust affordable housing program, thanks in large part to a grandfathered real estate transfer tax.
From the mountains to the plains, finding a place to call home in Colorado is increasingly challenging. It’s not just an issue for the state’s poorest residents. It’s tough for just about anyone trying to find a place to live that’s within their means.
Designing buildings today is more about creating an experience for the people who use them than it is about providing a place to work or live. Giving people a place to interact with each other is a goal for many architects and developers.
In Idaho Springs, investors, led by a pair of local residents, have great ambitions for the 27-acre Argo Tunnel and Mill site, where actual milling hasn’t taken place since 1943.
Why is Colorado so successful, with real estate prices predicted to double in some markets in the next 10 years? And how could this be derailed by the upcoming election and two Colorado ballot initiatives in particular?
Imagine the true intersection of housing, sustainability and intentional community: a small cluster of homes huddled around common spaces where people enjoy a shared vision and set of values.
What does a fast food restaurant like Taco Bell have to do with real estate? Can the sales of Taco Bell predict the next crash? What do sales at fast food restaurants mean for the general economy?
The general rule is simple: A restaurateur’s occupancy cost – rent plus interrelated fees – shouldn’t exceed 10 percent of gross sales. For many local joints, though, it’s become challenging to operate within those parameters.
Pueblo became known as the Pittsburgh of the West, with affordable living, open space and parks. It was devastated by the 1982 steel crash and recession, but it's coming back stronger than ever.
Rents for the office buildings that make up the Denver’s skyline have jumped into record territory in 2016 — an average of $40.06 per square foot, 9.7 percent higher than the first quarter of 2015.
The large cost advantages for non-metro producers will allow lower price points for a comparable quality product. These large price drops will have a huge impact on growers with much higher fixed costs; as a result, they ultimately will be unable to compete.
We are witnessing an explosion in the number of $1 billion-plus projects with some exceeding $100 billion. But even these are merely scratching the surface of the extreme megaproject growth that will happen over the next decade.