Record-Breaking Residential Sale Anticipated in Franklin
June 27, 2025 - 02:06
In a significant development for the Franklin real estate market, a residential property is poised to set a record with a projected sale price of $16.35 million. This sale highlights the growing demand for luxury homes in the region, driven by an influx of affluent buyers seeking spacious and upscale living options. The anticipated transaction underscores the resilience of the local market, even amidst broader economic uncertainties.
Additionally, Oracle is seeking to rezone its River North campus, a move that could pave the way for future expansion and development in the area. This rezoning request reflects the company's commitment to enhancing its presence in the region and adapting to the evolving needs of its workforce.
In another exciting development, a local developer has successfully secured $50 million in equity for a new project in North Gulch. This funding will facilitate the construction of a mixed-use development that promises to bring new residential and commercial opportunities to the area, further contributing to the vibrant growth of the neighborhood.
MORE NEWS
December 26, 2025 - 04:32
Affordable Homeownership: 4 Rural Markets for Gen Z and MillennialsAs urban housing prices continue to soar, many first-time buyers, particularly from Gen Z and millennial demographics, are finding it increasingly difficult to enter the real estate market. However...
December 25, 2025 - 01:36
Cedar Park Industrial Property Changes HandsKlepper Industrial has successfully acquired the 30,000-square-foot property known as Building Two, located at 1615 Scottsdale Crossing. This industrial building is strategically situated along...
December 24, 2025 - 01:01
Key Labor Union Support Moves Controversial San Francisco Housing Project ForwardA significant development in the contentious San Francisco housing project has emerged as key labor unions have officially signed on to the proposal. This crucial endorsement paves the way for...
December 23, 2025 - 11:50
Optimism for Young Homebuyers Amidst Challenging TrendsIf you`re young and looking to purchase your first home, the current real estate landscape may seem discouraging. Recent trends indicate that homebuying is increasingly dominated by middle-aged...