April 24, 2017
Millions of dollars have flowed into state legislators’ campaigns in recent years from both sides of the contentious construction defects debate, even as opposing camps managed to reach a key compromise last week on what has proved to be an intractable issue.
Construction defects reform has pitted condominium developers and other business interests against trial lawyers, who benefit from suing developers over defects in their buildings. The groups altogether have spent more than $2 million on state legislative races since 2010.
According to a Denver Post analysis of campaign finance reports filed with the Colorado Secretary of State’s Office, the Colorado Trial Lawyers Association and law firms that specialize in defects cases have given more than $1.1 million to Democratic legislative candidates and political action committees since 2010 while builders, bankers and Realtors have given close to $900,000 to candidates and groups on the GOP side during that time.... Read more...
April 23, 2017
Hickenlooper, Hancock, watch from sidelines as lawmakers fail to deal with the construction-defects stalemate
The legislative deadlock over construction defect liability has revealed an ugly truth: our state government can’t solve pressing urban problems. Our governor and mayors look on from the sidelines, while two interest groups negotiate over the critical housing issue facing our cities. Political leadership is in short supply.
Colorado is growing incredibly fast, and we have an opportunity to build communities and get it right. Most Front Range cities love high-density development — especially around mass transit stations. In Denver, transit-oriented development is a firmly held religion, while in Boulder it approaches a fetish. Environmentalists, liberal politicians, and city planners all see it as the solution to everything that ails us: from affordable housing to carbon emissions to obesity.
Conservatives agree that condos are a good way to give people options to buy a home.
But Colorado’s urban planners face a problem. Builders won’t build condominiums. Instead, we see new, high-end rentals. Why? Condominium builders tend to get sued for every problem, real or imagined.... Read more...
April 20, 2017
After weeks of protracted negotiations and postponed hearings, the standoff over bipartisan construction defects legislation broke Wednesday with the announcement that an alliance of builders and business groups and a group representing the metro area’s mayors will back the bill.
House Bill 1279, which would require that a majority of unit owners in a condo project approve filing a complaint over defective construction, is scheduled for a hearing Wednesday afternoon before the House State, Veterans and Military Affairs Committee. Gov. John Hickenlooper plans to join lawmakers and representatives on all sides of the issue to announce the breakthrough at a Capitol press conference just before the House committee hearing.... Read more...
April 17, 2017
The 2017 Builder Product Expo held on April 6th was another enormous success for the Home Builders Association! Over 750 guests packed CU South Denver (formerly The Wildlife Experience) to see the latest and greatest products being offered throughout the industry and to learn more about cutting-edge trends. Presented annually by The Associate Member Council, The Builder Product Expo is an industry specific trade show that allows Associate Members to showcase their products and services to the many Builder and Remodeler members of the HBA. Not only does the event feature some of the best products in the industry presented by over 80 vendors, it’s one of the favorite social and networking events put on annually by the HBA of Metro Denver.... Read more...
AMC Board members promoted HAP Award
voting to AMC members. From Left: Dennis
Helblig, Hope Marie Sneed, Chris Armenta,
Mike Kincaid, Philip Eidenschink