Denver’s Revitalization of its Poorest Neighborhoods is in full swing.

Among the Mayor’s future plans for Denver, includes the revitalization and better connection to the city for some of Denver’s outlying and often forgotten neighborhoods. The city has created a plan for the Sun Valley neighborhood which will transform it into a Denver jewel.

Located on Denver's west side, the Sun Valley neighborhood sits near Sports Authority Field between Federal Boulevard and the South Platte River. Ninety percent of its 1,500 residents live in subsidized housing, where the median household income is only $8,000 a year. Denver’s west side will receive more attention with the expansion of the light rail’s West Rail Line. City planners, along with, the Denver Housing Authority, have spent more than a year creating the Decatur-Federal Station Area Plan, which focuses on the development of the area a half-mile around the station.

The goal is to encourage the current diversity of the neighborhood while reconnecting it with the rest of the city. The city will build a community that is bicycle and pedestrian friendly which draws businesses, as well as residents.

If you’re interested in learning more about this revitalization plan go to: http://www.denverpost.com/ci_23066719/city-plan-looks-revitalize-denvers-poorest-neighborhood

More New Development in LoHi!

Inside Real Estate News reports that the Denver-based development company Simpson Housing LLC has paid a record price for land at a key site in the trendy Lower Highland neighborhood.

The site located at 17th and Boulder streets will be renamed Studio17 LoHi. The property will include 138 structured underground parking space, 110 storage units and a rooftop deck with dramatic and panoramic views of downtown Denver’s skyline. The cost?? $15 million to construct.

For more information visit: http://insiderealestatenews.com/2013/08/11/simpson-pays-record-price-for-lohi-land/

Under Contract in 1 Day!

This amazing Town Home went under contract in one day! Located at 2026 S. Pennsylvania Street, in the heart of the beautiful Platt Park neighborhood, it is just blocks away from Olde South Pearl Street's Trendy Shops and Restaurants.

The property includes 3 bedrooms, 3 1/2 bathrooms and 1866 square feet with an additional 950 square feet of finished basement.

Listed at $615,000, this property has sleek Euro style cabinetry, chroma style slab counter tops, spacious master suite with a large walk-in closet and a second floor ensuite bedroom with a full bath a private balcony.

Want to see more of the property? Take the virtual tour at: www.2026southpennsylvania.com

Trader Joe's Opening Another Store in Denver!

The Denver Post announced that Trader Joe's “confirmed Monday that it plans to open a fourth store in the state and its second in Denver.” The new store, located at 7th Avenue and Logan Street, is scheduled to open in 2014. This unique neighborhood grocery store is fulfilling the dreams of many Denver residents that have been wondering when a Trader Joe’s would come to our city.

Trader Joe’s offers a unique buying experience to match its extensive offerings of domestic and imported foods and beverages. Releasing almost a dozen new items every week keeps Trader Joe’s inventory and stores fresh and adventurous.

Other store locations that are scheduled to open in 2014 include: 8th Ave/Colorado, Greenwood Village, and Boulder.

For more information, please visit: http://www.denverpost.com/breakingnews/ci_24052106/trader-joes-announces-4th-colorado-location

Boost the Re-Sale Value of Your Home!

As home prices are rising and once anxious sellers are jumping back into the market, many are asking what they can do to help boost the sales price of their home.

Here are four of Alex Veiga’s, of AP Business Writer, top tips:

1. Consider the Buyers. What you personally feel might be a great addition to the home might not be the right fit for the neighborhood or potential buyers. Sellers should be cautious when making large additions or structural changes to their property. Adding large ticket items, such as a pool or garage, might take away from other features of the property that a greater number of buyers might be interested in.

2. Beware of “over improving”. Making improvements to the home, especially adding upgrades to the kitchen and bathrooms are essential; however, choosing overly high priced upgrades might not show a good return.

3. Cost vs. Value. The cost of your improvement weighed against its potential return is the most important consideration when making improvements to your home. Choose to update your roofing, windows, and flooring rather than new siding and major basement renovations.

4. Get Expert Advice. Real estate agents are here to help you get the most money for your home and ensure that you are getting the best rate of return for any improvements you might be interested in. A real estate agent can tell you what improvements will help you to get the best price for your home.

For additional information go to: abcnews.go.com/Business/wireStory/tips-weigh-best-resale-home-improvements-19974897 http://lizrichardsrealestate.com