Signs of Life for Condo Projects Slowly Emerging

Signs of Life for Condo Projects Slowly Emerging

Nov 25, 2019

Article

Co-author, Colorado Real Estate Journal, November 2019

Eighteen months have passed since former Gov. John Hickenlooper signed House Bill 1279. That legislation, passed in the wake of a surge of construction defect lawsuits against developers, contractors and architects, was supposed to set off a tidal wave of new condominium construction – particularly in the entry level market. More specifically, the legislation was intended to realign the risks associated with building condos in an effort to entice developers, lenders and insurers to re-enter the market. So, what has happened?

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