Real Estate Development Controversy: Hogan-Pancost Property

hogan pancost property

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There’s a real estate opportunity, or maybe not, that lies just off the edge of the East Boulder Recreation Center called the Hogan-Pancost parcel, formerly known as the Boulder Creek Commons Project.

The property has become quite controversial as our area needs more housing, developers want to build, folks already here lean on a “not in my back yard” mentality and prices continue to rise in the real estate market due to high demand and low inventory.

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Arapahoe Road Boulder To Lafayette

287 ArapahoeArapahoe Road has become a vital and busy corridor between Boulder and Lafayette to Erie. As a result, the traffic load from highway 287 along the edge of Erie and Lafayette into Boulder has become a bit of a nightmare drive, especially between 287 and 75th street.

Consequently there are plans by Boulder County to make changes to this section of Arapahoe Road. This includes widening the intersections by adding lanes in each direction. Apparently they’re talking about Arapahoe and 287, since this was already done a few years ago at 75th & Arapahoe.

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Student Loans May Help Homeownership

money-oneBoulder Colorado homes are still selling well, however we have definitely seen the annual ‘leveling off” of the market as summer ended and Boulder schools started classes¬†again. Now finally we’re seeing a slight uptick in showings and homes for sale getting under contract with buyers.

Another factor which might affect home sales is some pending action by The Consumer Financial Protection Bureau (CFPB).

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Audi Boulder, Leaving Boulder

Audi BoulderBoulder Colorado‘s Audi car dealership began in central Boulder near the Whittier neighborhood in 1973. A local businessman named Adolf Stammler opened a business which became Stammler Porsche – Audi.

Within a few years, Stammler moved to 1799 Exposition Drive in east Boulder as the area was designed to be an automotive destination for Boulderites. Fisher Chevrolet (now Fisher Honda/Kia) also moved to Exposition at this time.

Through the 1980’s and 1990’s these dealerships thrived. Eventually as a new ‘auto destination’ developed on east Arapahoe, Fisher moved its facility to join Flatirons Acura/Subaru.

Stammler sold the Porsche franchise many years ago, and the new owners didn’t keep it alive, and then more recently Stammler sold the Audi dealership to the Kuni Group in 2013.

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Boulder Short-Term Rental Rules

IMG_8689Boulder city council recently passed some rules for short-term rentals in the city.

Renting a room in your home still flies, and same goes for an “in-law” apartment (or what my friend Nick calls a “granny flat”) for up to 120 days per year.

Where it doesn’t work is for the owner of a second home (not their primary residence). Also, if you’re already a renter, you apparently can’t rent the home you’re living in on a short-term basis.

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