Category: Development
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Will Northern Colorado Apartment Sales Rebound in 2019?
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The multifamily market is incredibly hot – all over the country! So why is it that 2018 was the slowest transaction year since the great recession in Northern Colorado. Larimer and Weld Counties combined for only 46 transactions of properties 4 units and up. Only one property with more than 100 units sold all…
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Colorado State University Student Housing Developments
The Coloradoan has written a nice article giving a reasonable update/status on some of the current student housing projects being evaluated around Colorado State University in Fort Collins, Colorado. All of these projects have been underway for well over a year, so it isn’t really new news, but the update is pretty accurate. Have a…
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Vestas breaks ground on Weld County site
BRIGHTON – A 175-acre site, soon to be annexed into the city of Brighton, will be home to wind turbine blade and nacelle factories slated to begin operation in 2010. The 205,000-square-foot nacelle site will employ 700 and produce 1,400 units per year at full capacity. A nacelle is a school bus-sized pod to which…
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Oval Flats gets go-ahead from city
BY DAVID YOUNG • davidyoung @coloradoan.com • February 25, 2009 The former Sigma Alpha Epsilon fraternity house is one step closer to being transformed into a new mixed-use commercial and residential building. The Oval Flats project had its public hearing earlier this month, which saw about seven people from the public attend, and was…
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800 Lovelanders join push for downtown revitalization
By Douglas Crowl • Loveland Connection • February 20, 2009 The latest message from the Citizens for a Vibrant Downtown Loveland to the Loveland City Council is signed by 800 names. As promised, the group has completed a petition with 800 resident signatures calling for the City Council to financially support projects that would revitalize…
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Governor Ritter helps break ground for Hexcel Corp.
NCBR February 19, 2009 WINDSOR – Colorado Gov. Bill Ritter took part in a groundbreaking Thursday for Hexcel Corp.’s new 100,000-square-foot manufacturing facility in east Windsor, noting the company fits well with the state’s emphasis on a New Energy Economy under his administration. Connecticut-based Hexcel is the world’s largest manufacturer of strong, lightweight composite materials…
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Commercial Real Estate Construction Spending Takes A Dive
Jan 30, 2009 5:20 PM, By Sibley Fleming, NREI.com Investment in commercial real estate construction fell off a cliff in the fourth quarter as U.S. gross domestic product (GDP) shrank by an estimated 3.8%. The Commerce Department reported today that fixed, non-residential investment decreased 19.1% in the fourth quarter, compared with a decrease of 1.7%…
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Windsor park turns brown plains green
Industrial hub a Colorado bright spot for clean energy, high-paying jobsBy John Rebchook, Rocky Mountain News (Contact) For most people, Windsor is just an exit off Interstate 25 they speed by on their way to Cheyenne – or that place in Weld County hit by a tornado last May. But it also is home to…
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New student housing project, 197 units
Fort Collins looks ripe for new student housing as vacancies drop and rents go up.Advertisement Student housing may be the only real estate market that’s hot in this economy that has seen financing dry up for everything from home mortgages to auto loans to large housing developments. Just as a California company pulled the plug…
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Plug pulled on housing project
COLORADOAN.COM – The economic slowdown has claimed its first major victim in Fort Collins as developers Monday pulled the plug on a proposed 279-unit student housing project in Old Town. Citing development time pressures and frozen capital markets, Rael Development Corp. of Irvine, Calif., e-mailed the city’s planning department that it had decided not to…