In a world of uncertainty, longtime Lawrence developer Doug Compton thinks he’s got one thing figured out: If you are waiting for interest rates to return to their historic lows of 3%, you are going to wait a long time.
“I don’t think you will ever see 3% again,” Compton said of interest rates that are closer to 7% for home loans and many times higher for commercial projects. “You might see 5% again. ...
Lawrence-based CEK Insurance has had a hectic month, completing a pair of deals to buy a competing agency and to purchase a downtown Lawrence building that will become the new headquarters for the firm.
The firm has some history with tough tasks, though. The company was founded in 1931, which, if you are scoring along at home, means the company started a financial services firm during the Great Depression. It ...
A $5.7 million project to improve three federal highways north of Lawrence will get started Thursday, and significant traffic delays may begin as well.
Crews will begin work on three sections of highway, and much of the work will require motorists to be escorted through the construction zones via a pilot car. The three sections of highway are:
— The portion of U.S. Highway 24/40 that runs in front of the ...
UPDATED: 7:25 P.M. JUNE 18
Federal officials are warning that Lawrence’s airport is at risk of losing access to all federal grants, which would end a multimillion-dollar funding stream used by the city to maintain and expand the airport.
City officials received a formal notice in April that a more than year-long investigation by the Federal Aviation Administration has preliminarily determined the city and ...
In some ways, Lawrence leaders may be too focused on creating affordable housing, Mayor Mike Dever told a crowd of real estate professionals on Tuesday.
“I’m trying my best to change the word ‘affordable,’ and just say ‘attainable’,” Dever said. “If you want a house, there should be one there to buy. I don’t care if it is $250,000 or $2.5 million. We don’t have enough of them.”
Dever ...
There are early-stage plans to build a 95-room upscale hotel at 11th and Massachusetts streets to complement the soon-to-open 1,000-person convention center at the University of Kansas’ football stadium.
Lawrence businessman Tony Krsnich — the developer of the Warehouse Arts District in East Lawrence — owns the former Allen Press property at the northeast corner of 11th and Massachusetts streets. He told ...
