While the economic downturn has caused substantial hardships for many people, one unexpected trend has emerged from the crisis – a rise in the number of entrepreneurs in the U.S. The trend is a pronounced departure from previous economic downturns, when small business formation declined or grew only slightly. International consulting firm McKinsey & Company,
While the multifamily housing market was hit fairly hard during the COVID-19 downturn, it still performed better than most sectors and is expected to recover starting this year, which is good news at Miller’s Landing, a new multi-use development in Castle Rock, CO. A report from international real estate giant CBRE predicts a return to
Remote Work Creates Security Risks for Companies It should come as no surprise that having employees work from home exposes a company to a host of security issues not present when employees work in commercial offices. When working in a commercial office, employees generally use computers and other communication devices that are issued by the
Douglas County Approves C-PACE Program On March 9, 2021, the Douglas County, CO, Board of County Commissioners approved a resolution that authorizes the C-PACE program in the County, a decision Miller’s Landing, a new mixed-used development in Castle Rock, believes is the right move for the County to make. It is a win for citizens,
Last year was certainly a difficult year for retail and the commercial real estate sector in general. The major economic disruption caused by the COVID-19 pandemic shook retail to its core, led to major changes in buyer behavior and put on hold many planned commercial real estate development projects. What’s in store for 2021? Here
Two recent economic reports provide a glimmer of hope for the economy and the business real estate sector in general. Castle Rock Faring Better Than Most Communities The recently released Castle Rock Economic Development Council (EDC) 2020 Annual Report shows that Castle Rock, CO, has fared better than many other communities during the economic downturn.
A new report from MoneyGeek named Castle Rock the safest small city in Colorado, which enhances the town’s already well-deserved reputation as one of the best places to live in the state. Analyzing Crime Statistics The MoneyGeek report, Hometown Safety: Calculating the Cost of Crime in America’s Small Cities and Towns, analyzed crime statistics to
A new report from real estate services firm CBRE ranks the Denver metro area as one of the nation’s premier markets for increased business real estate development in the future. Out of the top 50 metro markets in the U.S., the Denver area ranked sixth, behind Atlanta, Dallas, Phoenix, Orlando and Seattle. CBRE’s U.S. Development
A new report from the Urban Land Institute illustrates the impact the Covid-19 pandemic has had, and will continue to have, on commercial office space in the coming year. The report, titled Emerging Trends in Real Estate® 2021, discusses the impact the Covid-19 pandemic will continue to have on the business world in the U.S.
Despite all of the talk about remote work becoming the new normal and replacing the office, a recent survey of more than 2,000 office workers shows that commercial office space still has a valuable place in the modern world of work. Jones Lang LaSalle (JLL) conducted the survey of office workers around the world late