Amazon questions its Seattle future after head tax passes

Amazon was the main target of the campaign for establishing an employee head tax in Seattle. Now the company hints the passage is causing it to question its future in the city. The Seattle City Council unanimously passed the plan Monday which aims to help the city’s affordable housing and homeless crisis. The tax will…

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New report: Dallas’ skyline has most room to grow of any U.S. city

Dallas’ skyline has a lot more room to grow if researchers have it right. When it comes to development sites, downtown Dallas has the greatest development potential, according to a new study. Big D already has one of the busiest downtowns with new apartments and retail developments, office buildings opening and a program to build…

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Here are some lessons we learned from Hurricane Harvey

Hurricane Harvey shattered many records biggest storm ever to hit Houston, the state of Texas and, by some measures, the United States. The rainfall was so great in some areas that it exceeded what scientists believed the atmosphere was capable of producing. Dozens died. Thousands lost their livelihood. The fourth-largest city in America will never…

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Rents to climb $100 a month if Amazon HQ2 picks Austin, says new study

Yet another study shows the price we could pay if Amazon picks Austin for its second headquarters. A new report from data and analytics provider CoStar Group forecasts the Capital City will see a 10-year rise in apartment rents if Austin lands Amazon??(tm)s so-called HQ2 project. CoStar forecasts that without HQ2, the average apartment rent…

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Houston among top cities for apartment industry hiring

Houston is among the nation’s top markets for job opportunities in the apartment industry, a new report showed. The Houston area, with 47 percent of apartment jobs as a total of real estate job openings in April, ranked third among metro areas with more than 100 apartment job openings in April, according to National Apartment…

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US home building slides 3.7 percent in April

WASHINGTON (AP) U.S. builders broke ground on fewer apartment buildings last month, pushing overall home construction down 3.7 percent from March. The Commerce Department said Wednesday that housing starts fell to a seasonally adjusted annual rate of 1.29 million in April, lowest since December. Apartment construction tumbled 12.6 percent to 374,000. Construction of single-fam

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