Economy

Besides the lower projects costs, which resulted in part due to project planning and engineering enhancements, other significant changes under the revised plan include Amtrak increasing its funding commitment from $704 million to $1.282 billion as part of the updated tunnel plan.

The Grand Junction Economic Partnership invests in Proximity Space under the new opportunity zone guidelines.

The California Supreme Court reversed a Court of Appeals decision, upholding that the location of medical marijuana dispensaries is subject to CEQA.

With so mostly class-A development in Denver, the affordable market is now well positioned for growth.

Los Angeles and San Diego had rent growth of more than 1% rent growth during peak rental season.

Despite approximately 8,200 units in the pipeline in the Jacksonville area, including half in the highly sought-after Baymeadows and Southeast markets, the multifamily vacancy rate is expected to remain below 5% through 2019.

West Adams, the mid-city Los Angeles neighborhood below the 10-freeway, has hit a recent growth spurt.

The strong investment activity in Mesa last quarter will likely be the catalyst for new development.