In the coastal cities of California, the declining affordability of housing has been a source of universal exasperation for decades. Recently, new legislation was passed at the local and state levels aiming to encourage the construction of secondary units - also known as Accessory Dwelling Units (ADU) - as a way to grow the housing supply. A look at the initial impact shows … [Read more...]
BuildZoom Picks: August Construction Projects (2/2)
Twice a month, we search through hundreds of thousands of building permits to bring to you a few of the most interesting construction projects happening across the country. This week, we follow new office renovations and warehouse build-outs for big-name tech companies along the west coast. 1) New Amazon Warehouse Slated for Salem, Oregon Amazon received approval to move … [Read more...]
BuildZoom Picks: August Construction Projects (1/2)
Seattle has seen a huge boom in construction over the last few years, to the point that Business Insider wrote an article about how 'crane counting is becoming a thing'. This week, we're zooming into the new crane capital of the US to introduce five large-scale residential developments that are currently under construction and ranking them by the largest permits filed in the … [Read more...]
BuildZoom Picks: July Construction Projects (2/2)
For our second post this month, we've selected a handful of notable projects to highlight from over 200,000 new building permits to enter our system. This week, we're taking a look at mid and high-rise residential towers in major cities that will help accommodate increasing urban populations by growing vertically. The Avenue Residential Tower in Austin To Break Ground A … [Read more...]
Build-To-Suit: Use the 1031 Exchange to Build The Perfect Investment Property
You’ve probably heard of the Internal Revenue Code (IRC), a multi-volume compilation of domestic tax law that codifies how the US government imposes taxes. Also known as Title 26 of the United States Code, this behemoth is bound to inspire fear and boredom with its esoteric jargon and staggering 9,384 sections. Yet within its seemingly endless pages are some very useful … [Read more...]