Noco Newsletter | May 4, 2023

NoCo Newsletter | May 4, 2023

Discover our newest listings, recent happenings in the NoCo CRE community & other industry news. This edition brings news of development reviews, HGTV investment, legislature shots, and more.

REAL ESTATE & BUSINESS NEWS

• Jake Hallauer | NoCo Class A Apartment Market Looks Promising
• Foothills Mall Owners File Early Redevelopment Plans for Offices, Retail, Housing
• ADUs to HOAs: Here's Where Fort Collins Will Focus its Land Use Code Changes
• Divided Fort Collins City Council Approves Rental Registration, Inspection Program
• Markley Motors Leaders Receive Fort Collins Chamber's Prestigious Collins Award
• Affordable Housing Plan on Odell Brewery Property Takes Step Toward Realization
• Weld RE-4 Holds Groundbreaking Ceremonies for Two New Elementary Schools in Windsor
• Timnath Faces $4.5M Lawsuit After Denying Commercial Development
• Ladera Developers Propose 126-Room Hotel in Timnath
• Proposed Timnath Topgolf: Petition Gets Enough Signatures to Force Special Election
• Windsor Approves Affordable Housing Development for Residents 55 and Older
• If Weld County Becomes a Golf Course Destination, Then the Water Needs to Come From Somewhere
• Can the HGTV Effect Turn Around a Small, Colorado Town?
• Fort Morgan Residents React to “Home Town Takeover” Premiere
• Council Fight Paralyzes City Leadership in Dacono as Four City Councilmembers Fired the City Manager in a Surprise Move
• Costco to Open Longmont Warehouse May 4
• The Owners of Bandon Dunes Are Creating a New Resort Outside Denver
• Property Values Jump 35% to 45% in 9 Counties Across Denver Metro Area
• Denver Retail Notches 2 Years of Improvements as Vacancy Dips
• RiNo Office Building Made Out of Wood on Track to be Completed This Year
• Colorado House Plans Revival of Polis’ Gutted Zoning Reform Bill
• Colorado Senate Committee Advances Marquee Zoning Bill, With Significant Changes
• After Promise to Wade Into Water Crisis, Colorado Lawmakers “Belly Flop” and Opt for Further Study of Colorado River Over Action
• Federal Officials Propose Reducing Colorado River Water to Lower-Basin States in “Shot Across the Bow”
• Coalition Launches Push to Save 3.3 Million Acres of Colorado Private Property From Development
• Home Prices on the Rise Again Due to Worsening Inventory Shortage
• Fire Sale: $300 Million San Francisco Office Tower, Mostly Empty

ECONOMIC & EMPLOYMENT NEWS

• Fed Raises Interest Rates, Signals Potential Pause
• New Household Formation Spurred the Biggest Year for Multifamily Development in 36 Years
• First Republic Bought by JPMorgan Following Bank's Failure
• The Building Boom is Prolonging Market Pain
• GDP Report Shows Economic Growth Slowed in First Quarter
• Colorado Economy Starting to Wobble as Momentum Slows
• Big Banks Distance Themselves From CRE Debt While Pouring Billions Into Reserves

COMMUNITY & OTHER INDUSTRY NEWS

• Client Testimonials
• 2 Colorado Cities in Top 4 'Best Places to Live Rankings
• Denver International Airport Ranked No. 3 Busiest in the World
• Cone Zone 2022: A Look at Major Road Construction Projects in Northern Colorado
• Why the I-25 South Gap Project Opened While North I-25 Express Lanes are Still 2 Years Away
• Support Your Local Bold Voice of Business by Contributing to the 12th Annual Moving Fort Collins Forward! Campaign

FEATURED LISTING

NAI Affinity is pleased to present new construction, high quality flex units located in Greeley, CO. The property has convenient access to Highway 257 and Highway 34 in addition to many modern features, such as oversized drive-in doors, clearstory windows, ESFR sprinklers, LED lighting, and the availability of outdoor storage. Click here to learn more about this opportunity.

See previous newsletters here.

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