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Opus Northwest announces second phase of Lone Tree project

Opus Northwest is sending a bullish signal on the local economy, with the construction of a new retail center along the southeast corridor at a time when most retail projects have been canceled or placed on the back-burner. Opus Northwest announced today the start of construction of the second phase of the of the Lincoln Commons Retail District at Ridgegate,…

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Henry Cisneros supports extending $8,000 tax creditis

Henry Cisneros, the former HUD chief and now the head of a company that has been involved in the funding of $800 million in affordable, urban projects across the U.S. – including the Peloton in Boulder, is a strong proponent of extending the $8,000 federal tax credit for qualified first-time home buyers. “And not just because it is helping my…

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Henry Cisneros on Peloton, New Urbanism

The Peloton, a name taken from the tightly grouped bicycle racers, is also a Boulder condominium community that¬† has been bucking the trend of slow condominium sales in the metro area. “The first phase of 190 units is complete and we have sold 112 of them,” said Chuck Dragicevich, executive vice president and managing director of Los Angeles-based CityView. CityView…

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Henry Cisneros has deep ties to Denver

Henry Cisneros in Denver Henry Cisneros has deep roots in the Denver area. Cisneros, the former Secretary of the Department of Housing and Urban Development, was in Denver today to talk about smart growth at an Urban Land Institute. He also visited his company’s own sustainable, smart-growth project – the Peloton in Boulder, one of the best-selling housing projects in…

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$35 billion for housing on the table

The Colorado Housing and Finance Authority could learn as early as this week if it will be receiving millions of dollars to revive efforts to fund mortgages for low-and moderate-income home buyers. The Wall Street Journal reported on Monday that the Obama administration is close to committing as much as $35 billion to state and local housing agencies such as…

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Denver home prices up 29% since 2000

Denver-area home prices have risen an average of 28.79 percent since January 2000, putting it in the middle of the pack of 20 metropolitan statistical areas in the U.S., shows the S&P Case-Shiller Home Price Indices. Most of the focus of the report – which I blogged earlier today – is on the year-over-year and monthly changes. But the report,…

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Experts see Denver housing recovering

The S&P/Case-Shiller Home Price Indices released today, which shows the Denver was No. 3 of the 20 metropolitan statistical areas, is another sign that the local housing market is improving faster than most of the nation, experts said.¬† I initially blogged on the report earlier this morning. “I think, certainly, that the feeling has been all across the country that…

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Denver ranks No. 3 in Case Shiller report

Denver-area home prices fell 2.9 percent in the year ending in July, compared with an overall 13.3 percent drop for 20 metropolitan statistical areas tracked in the closely followed S&P/Case-Shiller Home Price Indices. Denver ranked third of the 20 cities. Only Cleveland, with a 1.3 percent drop and Dallas, where home prices fell by 1.6 percent, fared better. Still, all…

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Edie Marks sells home for $6.7 million

I caught up with super real estate broker Edie Marks today, as she was heading to what may be the biggest home sale so far this year in the Denver area. John RebchookJohn Rebchook has more than 30 years of experience in writing and communications. As the Real Estate Editor for the Rocky Mountain News, he wrote about residential and…

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Sprocket offers free zoning help

The Denver zoning code is in the midst of the biggest overhaul in its history, which understandably will leave many homeowners and property owners unclear on how or if it will impact them. Denver-based Sprocket Design-Build is offering a free assessment opinion of your current property zoning and how it may change under the new zoning code, expected to be…

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