More on the cover story: Colorado's condo market is growing slowly after state's 2017 actions
 

Colorado state Rep. Alec Garnett, D-Denver, speaks at an April 19, 2017 news conference about a construction-defects reform compromise that he is given much credit for bringing about.

ED SEALOVER | DENVER BUSINESS JOURNAL

Seven months after Colorado Gov. John Hickenlooper signed a long-sought construction-defects reform bill into law, at least 12 affordable condominium developments containing nearly 1,200 combined units are announced or underway in the Denver metro area.

It's a result that backers say matches their expectations for cautious but steady progress in the formerly moribund housing segment.
 
Jeff Whiton, CEO of the Home Builders Association of Metro Denver, said that while the unanimously passed law that requires a majority of condo owners to have to vote to move forward on any legal action was a help in this transformation, the more significant event of 2017 was a Colorado Supreme Court decision that put into law what reform backers could not push through the Legislature.  Read the Article in The Denver Business Journal

 



  
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