RE/MAX Ranked as leading real estate franchise of 2018

We don’t often blow our own horn here, but some things are worth celebrating— and that includes our recent designation as the leading real estate franchise of 2018, by Entrepreneur magazine.

More than 1,000 franchisors applied to be included in Entrepreneur’s annual Franchise 500 survey. Franchisees were evaluated on unit growth, financial strength, stability and brand power during 2018. This marks the seventh consecutive year—and the 16th time in 20 years—that we’ve ranked No. 1in the real estate category.

“RE/MAX leads its competitors year after year in the Franchise 500,” said RE/MAX CEO Adam Contos. “We truly are the No. 1 name in real estate, and industry professionals want to experience the competitive advantages of our brand power, progressive on-demand training, technology and unmatched global footprint.”

REMAX now includes 120,000 sales associates in more than 100 countries and territories—not bad for a company that began with a single office in Denver in 1973!

Just another reason why I, Joseph Newman – The Colorado Broker, am proud to hang my license with RE/MAX

RE/MAX of Cherry Creek

 

Goodbye Elitch Gardens, we will miss you

New River Mile development planned on Elitch Gardens site

So long, Ferris wheel. Hello River Mile.

With property values skyrocketing in central Denver, the owner of Elitch Gardens amusement park has announced that its thrill rides will eventually give way to high rises and associated amenities in a new neighborhood dubbed River Mile.

Denver-based Revesco Properties owns the 62-acre site where Elitch’s Ferris wheel has enhanced the Denver skyline for 24 years. Starting as soon as 2020, according to the Denver Business Journal, groundbreaking could occur for the new development.

The first phase of the project, notes the Journal, will be to transform a surface parking lot at the Pepsi Center into a centralized parking garage. Revesco aims to offer 8,000 residential units “and will feature some of the tallest buildings along the South Platte River,” reports the Denver Post. Of these units, 15% will be designated as affordable housing.

The area will also feature parks and open space, as well as office space and retail.

“[The plan] truly encapsulates all we’ve talked about with smart growth,” Revesco president and CEO Rhys Duggan told the Journal, noting that there will be maximum limits on automobile parking to discourage traffic.

The construction of River Mile will occur in phases and may take between 20 and 25 years to complete.

Meanwhile, Ferris wheel fans can rest easy. Duggan told Denver City Council members that the park’s removal is “many years” away.

 

REMAX of Cherry Creek

Photo Copyright: arinahabich / 123rf.com