Boulder Retirement Community Expanding

frasier meadows 3Boulder’s quintessential retirement community, Frasier Meadows, is getting ready for a major expansion.

The plan seems to be two-fold: new living units, and a public center for education and arts.

In June of 2013 Frasier Meadows was noted in an article in Where to Retire as a key consideration due to the walkability score of Boulder, Colorado.

Now we’ll see over 70 new apartments as well as a health and wellness center.

Even though the city of Boulder’s charter includes a building height cap of 55 feet, and there’s a proposed ordinance to limit heights to 38 feet in the downtown area, and only 35 feet in other areas of the city, Frasier Meadows is the one development currently exempt from the ordinance.

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Boulder Colorado Real Estate Market Analysis

red-hot-picThe Boulder Colorado real estate market is getting red hot.

Over the last couple of months we have continued to see a dilemma for buyers: there’s virtually no inventory (homes for sale), and we are back into a market with multiple offers on most listings (homes for sale) within a day or two.

Sure, there are outliers that skew the data because sellers are ambitious and over price. Look at the charts which show average price / sq ft. You’ll see single family homes up over 40% in the last year and attached (condos/town homes) up over 30% in the last year.

Those homes sit on the market and misalign the averages, and yet the simple truth is that buyers and their agents continue to be frustrated by the current market conditions.

It’s time for sellers to get their home on the market if they’re thinking they might like to sell. In my latest market meeting with a room full of busy Realtors, the common thread in the conversation was that we have many buyers, and practically nothing left to show and help them buy.

It’s clearly time for some new strategies. In the meantime, here are the numbers over the last nine months.

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Boulder, Colorado NCAR Hiking Trail

Flatirons Boulder Colorado HikingIn South Boulder Colorado, on the western edge of the Table Mesa Neighborhood, you’ll find the National Center for Atmospheric Research, otherwise known as NCAR. One of Boulder’s Hidden Treasures.

It’s one of several national laboratories which employ hundreds of Boulder locals thanks to the City of Boulder donating land in the area decades ago to the federal government.

 

Boulder Colorado ScienceWhat I especially enjoy about the NCAR location is the easy access it provides to Boulder’s large system of trails in the area’s Boulder Mountain Parks and Open Space.

Along with that, you can also enjoy easy parking, a wonderful facility with interactive science displays for kids of all ages, and restrooms…which can come in very handy after spending some time on the trail!

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Boulder Colorado Smoking Ban

no smokingBoulder Colorado now has a smoking ban outside as well as inside buildings in the downtown area.

Downtown business district? no.

In city parks? no.

Boulder Open Space? no.

The Boulder City Council voted unanimously Tuesday night to adopt an outdoor smoking ban.

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Louisville, Colorado Sam’s Club Urban Renewal Plan

The Louisville, Colorado Sam’s Club building has been vacant since the business vacated the building in 2010.

Since then, people around town have often wondered how a retail opportunity like this can be vacant in such a vibrant and thriving community, such as Louisville.

Now it seems that revitalization of the property at 550 S. McCaslin Blvd. is beginning to see light at the end of the tunnel.

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