Apartment City

Tuesday, August 14, 2012 at 9 a.m. Figueroa Street , Downtown" /> Wendy Gilmartin Even before construction crews broke ground on the Orsini apartment complex back in 2001, its developers made themselves locally infamous for wriggling out of an inclusionary zoning provision that requires new residential apartment developments to contain at least 15 percent affordable units . (Attorneys on the developer's side argued the provision would cause "difficulties and hardships" by lowering the owners' cash flow.) Flash forward 11 years later (and two additional phases and two enormous additional buildings later) and the Orsini apartments at Figueroa Street and Cesar Chavez Avenue downtown are currently more than 15 percent vacant. They also host one of the hottest parking garages in town for car break-ins and petty criminal activity . Aside from its politically contentious past and crime riddled present , what makes the Orsini " apartment resort "...

RENO, Nev. (AP) — It's a journey that most people eventually take. Fifteen years ago , Anne Carte decided to leave the familiar comforts of home and family to move out on her own. For Carte, who was 20 years old at the time, moving to the Biggest Little City from San Jose, California, represented an exciting and crucial juncture in her life. "I moved to Reno to grow up and be an adult," Carte said. The year 2002 had its fair share of memorable moments. That same year, "Star Wars: Episode II" debuted in theaters, Tiger Woods won the 66th Masters Tournament and "American Idol" premiered on television. One thing Carte specifically remembers was the cost of rent. Back then, the monthly rate for Carte's first studio in Sparks was only $495. For a young person who just moved out of home and landed an entry-level job at Target, an affordable place to stay was not a luxury. It was a b...

Damonte Ranch area is a sign of the city's need for housing in Reno, Nev. The recent influx of new workers combined with near-zero residential development during the recession gave birth to a classic supply-and-demand scenario that saw the cost of housing skyrocket in the Biggest Little City." title="In this March 24, 2017 photo shows a new apartment complex in the Damonte Ranch area is a sign of the city's need for housing in Reno, Nev. The recent influx of new workers combined with near-zero residential development during the recession gave birth to a classic supply-and-demand scenario that saw the cost of housing skyrocket in the Biggest Little City." src="src" /> In this March 24, 2017 photo shows a new apartment complex in the Damonte Ranch area is a sign of the city's need for housing in Reno, Nev. The recent influx of new workers combined with near-zero residential development during the recession gave birth to a classic supply-a...

The great room in the A1 show suite at Mark 101 in Sage Hill. Supplied / Calgary Herald A multi- family development in northwest Calgary is starting sales on a new building of bright, functional condos starting at less than $200,000. The second of three apartment- style condo buildings at the Mark 101 in Sage Hill by Nuovo by Shane Homes will be brought to market for pre- construction sales Monday . Nuovo is the multi-family arm of Shane Homes, a longtime single- family home builder in the Calgary area. Like the first building at the Mark 101, now 90 per cent sold, this building will have 67 units. Its third building will have 72 for a total of 206. The starting price is $199,900. “We have great prices and superior finishes,” says Kevin Taylor, general manager of Nuovo by Shane Homes. “People are seeing huge value.” These condos range from 600 to 947 square feet and come in one-bedroom, one-bedroom plus den, and two-bedroom orientations. “They (customers) like the great floor pla...