What if we could design our city's buildings and infrastructure to support larger communities of people? Although our modern cities are not perfect, they certainly can be efficient at providing services to large numbers of people. As the world population increases, more people move to cities every year. Not only do cities provide economic opportunity but the promise of improved living conditions for families.Read More
SW Development Group Blog
Employment around the United States has been a topic of concern since the economic crash of 2008. Jobs were lost, businesses were bankrupt and the country was in a state of panic. Now, 6 years later, the pendulum is finally swinging towards progress. Across the country new jobs are being born. Our nation is getting back to work, and the economy is on the mend. The Denver, Colorado metro area is notably one of the more successful locations with the highest employment rates in the state of Colorado and in the entire country. Take a look.Read More
In urban environments where space is scarce and building materials are expensive, a new trend is rising in popularity: shipping containers, which are normally used to transport goods overseas or through rail, are being used to construct buildings for individuals and for the public.
Shipping container development has become a facet of contemporary architecture, as well as an option for eco-friendly construction; because the containers were previously used for shipping, using them for development is a large-scale form of recycling.Read More
In a real estate market where many people still battle with underwater mortgages, foreclosure, and the month-to-month struggle to make their payments, the need for affordable housing has never been more important. In a recent analysis published by Trulia Trends earlier this November, it was found that housing affordability for middle class buyers is worsening as affordable options decline. In October 2013 62% of homes for sale met Trulia's affordability definition while that number dropped to 59% in October of this year as the study found.Read More
Key indicators for commercial and residential real estate development in Colorado remain strong with 4.75% annual population growth, 3% net employment growth and a current 6.2% unemployment rate. Borrowing from Jim Collin’s book Good to Great, getting the right people on the bus is the most important management tool to ensure a development project is successful. The following blog briefly outlines several key concepts to establish a qualified project team.Read More
As a former Construction Specialist for the Colorado Housing and Finance Authority, I analyzed hundreds of LIHTC applications’ cost estimates and development budgets. Each deal had intricacies that prompted CHFA to issue a request for clarification. To avoid this additional step, applicants should consider including a summary description. Following are just three examples of scenarios that could result in a clarification request, where including a brief explanation at the start ensures a complete application.Read More