NoCo Newsletter | Chrisland 2/21/18

By February 21, 2018News
Click Here to View the Marketing Brochure for Retail/Commercial/Mixed-Use Development Sites in Berthoud (NWC & SWC of Highway 287 & S. Taft Ave.)

 

TPC Colorado at Heron Lakes will be a big draw for Berthoud

TPC Colorado golf course under construction – Berthoud


REAL ESTATE & BUSINESS NEWS

Colorado State University seeks to annex Hughes Stadium site into city

New York-based developer Greenwich Realty Capital submits plan concept for 81-story tower, what would be Denver’s tallest building

California Firm Buys Lafayette Apts. for $60.3 Million

Retail: Are we witnessing an apocalypse or resurrection?

Can the Nordstrom Family Outrun Retail’s Woes?

  • “The family-run company has been investing heavily as it tries to out¬run the forces battering the industry. It is revamping some of its 122 department stores and spending more than $500 million to gain a toehold in Manhattan. It has snapped up e-commerce companies including flash-sale website HauteLook and subscription service Trunk Club. And it has launched new concepts, including a store in Los Angeles called Nordstrom Local that doesn’t stock any clothes.”

Safeway teams up with Instacart to launch same-day grocery delivery

Amazon adds a new Prime benefit: Free Whole Foods delivery in two hours


ECONOMIC & EMPLOYMENT NEWS

U.S. Home Construction Rose 9.7% in January

  • “Last month’s gain in starts largely reflected a nearly 24% surge in construction of apartments and other multifamily units. Construction of single-family homes, the bulk of the market, rose 3.7%.”

Largest U.S. Banks Shrinking CRE Loan Balances

Inflation Starts to Make a Comeback

  • “These aren’t huge increases, but they do suggest an uptrend after years of inflation running below the Fed’s 2% tar¬get.”

U.S. Factory Output Flat Again in January

  • “Industries are pumping out goods and services at a pace below their potential, a sign of remaining sluggishness in the economy. Capacity use, a measure of slack, dropped two-tenths of a percentage point from a month earlier to 77.5% in January. That’s 2.3% below the economy’s average since the early 1970s.”

GOVERNMENT & INFRASTRUCTURE

Denver council approves zoning plan that allows RiNo developers to build higher if they chip in affordable housing

Trump’s Infrastructure Plan Counts on States to Do Heavy Lifting

  • “That will happen only if state and local governments take newly available federal money and supplement it with far bigger investments of their own or with partners. On any individual project, the federal money will be granted only if local governments promise to spend far more from funds they generate through taxes, user fees, bonds or public-private partnerships.”

COMMUNITY & EVENTS

Chrisland is a proud sponsor of Project Self-Sufficiency’s Annual Community Luncheon, which will be held at The Embassy Suites in Loveland on March 6th from 11:30am to 1pm: click here to reserve your tickets

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