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  • "Redevelopment agreement approved for Pete’s, senior living development on Madison Street in Oak Park" - ChicagoTribune.com"The Oak Park Village Board has approved a redevelopment agreement with developers proposing a new Pete’s Fresh Market grocery store and a senior living facility along Madison Street. In approving the agreement, the developers will now begin a public process that is expected to include neighborhood meetings and testimony in front of the village plan commission, officials said..."
  • "Project in the works to transform concrete jungle into renewed Upper Downtown Denver" - TheDenverChannel.com"More development is planned in our Colorado, this time in the beloved area near Denver's Brown Palace. The Downtown Denver Partnership (DDP) is in the beginning stages of a project called a “Renewed Focus” to transform upper downtown from a concrete jungle to a friendly neighborhood hangout. “We want to put some renewed emphasis and renewed energy into this space and make it a more exciting and interesting place for the community,” said Randy Thelen, the Vice President of Economic Development for the DDP..."
  • "This is what the housing market could look like in 2019" - HousingWire.com"In 2018, the housing market experienced its fair share of up and downs, attributed to many factors, including affordability and inventory concerns. But as the year comes to an end, homebuyers will be walking into 2019 with more pep in their step. Last week, amid U.S. stock market volatility, mortgage rates finally edged down. In fact, Freddie Mac revealed mortgage rates retreated to 4.75%, according to its Primary Mortgage Market Survey. Todd Probasco, Lakeside Bank’s vice president mortgage sales manager, said this retreat will be impactful..."
  • "Raising Hamilton County sales tax failed; now commissioners seek higher real estate fees" - Cincinnati.com"A legal challenge and petition effort prevented Hamilton County commissioners from raising the sales tax this year. So, it might get more expensive to sell a house in Hamilton County. The Hamilton County Board of Commissioners held a public hearing Wednesday on the administration’s proposal to raise the real estate transfer fee to help pay for a projected $29 million deficit for 2019. Currently, the seller of a home pays the county $300 per $100,000 of property sold. The administration is recommending increasing the fee by a third or $100 to $400 per $100,000. The increase would bring in about $3.7 million additionally next year..."

"Drury plans a 242-room hotel near City Hall" - BizJournals.com

"Drury Southwest Inc. plans a 242-room hotel at the site of the former Kansas City Public Library and Board of Education building in Downtown. Located at 1211 McGee St., the project would include 5,000 square feet of meeting space and a 176-space parking garage, according to a documents filed with the Tax Increment Financing Commission of Kansas City. Kansas City Public Schools owns the building, which has been vacant since the district moved the Board of Education offices to its current location, 2901 Troost Ave. The requested TIF plan would cover demolition of the 11-story building and construction of the hotel..."

 

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News Headlines

"Redevelopment agreement approved for Pete’s, senior living development on Madison Street in Oak Park" - ChicagoTribune.com

"The Oak Park Village Board has approved a redevelopment agreement with developers proposing a new Pete’s Fresh Market grocery store and a senior living facility along Madison Street. In approving the agreement, the developers will now begin a public process that is expected to include neighborhood meetings and testimony in front of the village plan commission, officials said..."

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