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Some clouds this evening will give way to mainly clear skies overnight. Low near 45F. Winds NNW at 5 to 10 mph..
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Some clouds this evening will give way to mainly clear skies overnight. Low near 45F. Winds NNW at 5 to 10 mph. Updated: May 14, 2021 @ 6:51 pm
A Chicago real estate company that develops and acquires multifamily and student housing projects is entering the Colorado Springs market in a big way.
Jackson Dearborn Partners plans three apartment projects that would add a combined 892 units in downtown, on Colorado Springs’ northeast side and in the unincorporated Cimarron Hills area of El Paso County, according to proposals it’s submitted to city and county officials.
The company would join several out-of-state apartment developers who have invested in Colorado Springs in recent years, saying they were attracted, in general, by the city’s desirability as a place to live.
Jackson Dearborn’s website, along with plans submitted by the company to the city and county, show:
In this series, Bisnow highlights people and companies pushing the commercial real estate industry forward in myriad ways. Click here to read Q&As with all the innovators Bisnow has interviewed so far.
Officials from multifamily and student housing developer Jackson Dearborn Partners say they have found the key to quickly raising the equity needed to break ground on projects in federal opportunity zones. Instead of spending months dialing for dollars and tapping into established networks of institutional investors and family offices, the company uses CrowdStreet, an online commercial real estate investing platform.
Designed to steer $100B a year into a vast stretch of areas that cities and state governments consider underserved, the opportunity zone program was created by the Tax Cuts and Jobs Act of 2017. Governors designated thousands of low- to moderate-income census tracts, along with a handful of more affluent tracts, as opportunity zones, and investors who fund projects
Ann Arbor officials enthusiastically OK Packard Street mixed-use development
Updated Feb 02, 2021;
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ANN ARBOR, MI Ann Arbor officials are enthusiastic about a three-story development coming to 2111 Packard St.
Making special note of some of its sustainability features and mix of uses, City Council voted unanimously Monday night, Feb. 1, to approve the 72-unit apartment building with 118 bedrooms and two ground-floor retail spaces.
The project is being proposed by Jackson Dearborn Partners LLC, a company co-founded by Ryan Tobias of Triad Real Estate Partners, working with Myefski Architects.
“This is an exciting project,” said Council Member Lisa Disch, D-1st Ward, who serves on Planning Commission.