GrowthSpotter’s Post

Would You Rather? 🤔 New Construction A brand-new home with modern features, but you might need to wait 4-6 months... unless you find a quick-move-in home that's ready sooner! OR Existing Home Move into a well-established neighborhood with schools, parks, and shops already nearby. No waiting—just move in and enjoy! Which one would you choose? Let me know! 👇 #RealEstate #HomeSweetHome #property #yxe #housing #yxerealestate #realestatemarket #realestateinvestors #yxerealtor #saskatoonliving

Loved playing a small part in this preservation and conversion of this beautiful building to residential! As we work to address the housing crisis, we I beleive that we need to see more examples like this. Transitioning unused buildings/spaces into much needed housing is key to increasing supply and revitalizing neighborhoods! #redevelopment #conversion #housing #housingcrisis #housingforall https://lnkd.in/grzxfJBa

Laguna Gardens, a 341-unit garden-style apartment development in Miami Gardens, received its temporary certificate of occupancy and has started move-ins. The project by South Florida’s Cymbal DLT Companies is among the first in Florida to be developed under the state’s Live Local Act, which aims to increase the supply of affordable housing in expensive areas. Tenants earning at or below 120% of the area’s median income qualify for reduced rent. Located at 20775 NW 17th Ave., the community comprises 10 low-rise buildings on 14 acres next to Miami’s Hard Rock Stadium. Four of the buildings are welcoming tenants, and the remainder is expected to open by this summer. So far, about 20% of the development has been leased. #Miamirealestate #SouthFloridarealestate #MiamiRealtors #LagunaGardens #SouthFloridaRealtors

If you're wondering where public funds for affordable housing could go, below is an excellent study showing an example using vacant city owned land. Check it out!

New life is expected to come to an old tower, as developers are pressing ahead with converting the former First National Bank building at 115 Pine Ave into housing. Preserved in its early 19th-century design, the historically registered building would be converted from offices into 70 residential units, pending the approval of the Long Beach Planning Bureau. Eleven of those apartments will be reserved for low-income households. READ MORE: https://lnkd.in/g73P59va

We continue to keep supporting SME developers in the North West. Challenging schemes and obstacles are our bread and butter, ongoing advice from the team to aid the development potential (and investors returns). #developmentfunding #realestatedebt #privatelending #familyoffice

Plan for 117 apartments in Crewe town centre commercial buildings ...but only 24 parking spaces ????? Also the Youth Zone next door (if it ever gets built that is, the start of building is long behind schedule) has virtually no parking spaces. These developments have totally inadequate parking provision. How can they possibly get planning permission? If these developments go ahead there will be parking chaos and danger in that part of Central Crewe and the blame for that will lay firmly in the hands of Labour run #CheshireEast https://lnkd.in/euWA77y8

Building higher-density affordable housing may be the solution, but who will build it? "Jonathan Culley, who with his wife, Catherine, runs Redfern Properties, is responsible for Portland’s tallest building, the new 18-story Casco tower near Monument Square. It’s a mix of studio and one-bedroom apartments, marketed to young professionals and older folks looking to downsize. It’s not a luxury building, but the units are clean, modern and energy-efficient. Rents range from $1,700 to $2,200 a month, though some units cost more." "The building was approved when a city ordinance required that 10% of units be affordable. Now the requirement is 25% of units in all new housing developments with 10 units or more, a standard Culley finds prohibitive." Read the full article by @EricRussell for @PortlandPressHerald here: https://buff.ly/4fJAp9s Visit https://buff.ly/4fEtfmZ to see what GPCOG is doing to help address the housing crisis in the Greater Portland area. Photo by Brianna Soukup

"City of Yes": With over 12,100 new apartments under construction as of March 2024, representing a 16% increase in local inventory, Jersey City is setting a high bar for urban development. In 2024, Jersey City is expected to complete approximately 8,000 new apartments as part of ongoing and upcoming developments. This proactive approach stands in stark contrast to New York City, which, despite its much larger population of 8.3 million compared to Jersey City's 292,000 residents, is projected to complete only about 11,000 new housing units this year. The irony is clear—Jersey City's effective urban planning outpaces New York's "City of Yes" slogan. https://lnkd.in/eqnxMfEY

Kelowna’s housing crisis might just have a fast, affordable solution—modular homes! 🏡 Here’s why they’re a game-changer: ✔️ Ready in just 60 days, cutting both time and costs. ✔️ Eco-friendly design with up to 70% less waste and 42% lower emissions. 🌍 ✔️ Made with B.C. lumber, supporting local jobs and businesses. With leaders across B.C. backing this initiative, modular homes could be the key to solving our housing challenges. And guess what? Kelowna’s already on board! Curious about how this could impact the local market or your real estate goals? Let’s chat! Drop a comment or DM me today. 💬 News Source- https://lnkd.in/gxa7entj #KelownaRealEstate #ModularHomes #HousingCrisis #AffordableHousing #SustainableLiving #EcoFriendlyHomes #KelownaGrowth #RealEstateNews #HomeBuyingKelowna #OkanaganLiving #RealEstateTrends #SmartHousingSolutions #ModularConstruction #FastAffordableHousing #LocalJobs #KelownaCommunity #FutureOfHousing #BuildingSolutions #OkanaganRealty #HomeBuyingTips #GreenLiving #BCHousing #SustainabilityMatters #KelownaHomes #InnovativeHousing #RealEstateUpdates #HousingSolutions #AffordableLiving #EcoConsciousBuilding #KelownaInvestments