Colorado's “vexing construction defects law” has hampered the building of new condominiums in the state, according to an editorial in the Denver Post.
State lawmakers have unsuccessfully tried to change the 2005 law blamed for creating an “overly litigious environment around construction defects claims,” the newspaper says. The result of the law has been “a dearth of new, affordable condos or townhomes.”
In the past, this had been a fight between attorneys and builders. Increasingly, though, Colorado communities have taken steps to challenge the state law. The law now allows a majority of a homeowners association board — not homeowners themselves — to approve litigation against a builder. “The problem is, once a lawsuit is filed, homeowners often have trouble selling or refinancing units,” the newspaper says.
The most recent figures show condos represented only 4.6% of the total new home starts in metro Denver, compared to 26% in 2008, the Post says.
(http://www.denverpost.com/editorials/ci_26794194/state-must-fix-rules-colorado-condo-construction)
Related Stories
| Aug 16, 2012
Canada’s first net-positive building under construction in Milton, Ontario
The GreenLife Business Centre in Milton, Ontario near Toronto is set to become the first net-positive energy building in Canada.
| Aug 9, 2012
St. Paul cannot adopt overly restrictive egress windows policy, court rules
The Minnesota state Court of Appeals rejected St. Paul's attempt to adopt a policy on egress windows that was stricter than state law.
| Aug 9, 2012
Fire chief questions building code after St. Louis apartment building fire
A blaze that destroyed a 197-unit apartment building in St. Louis, Mo., displacing 250 residents, led the city’s fire chief to question the materials used in the construction of the four-story building.
| Aug 9, 2012
Ramps have strict criteria for ADA compliance
It is important for businesses to understand that an existing ramp at a building entrance may not mean that barrier removal obligations under the Americans with Disabilities Act have been met.
| Aug 9, 2012
ClickSafety, AGC provide online training program for construction professionals
Construction professionals will be able to take a wide range of mandatory and optional safety training programs online through a new collaboration between the Associated General Contractors of America and ClickSafety.
| Aug 9, 2012
Tornado-ravaged Greensburg, Kansas’s new green buildings save $200K a year
The town of Greensburg, Kan., virtually destroyed by a tornado in 2007, decided to rebuild 13 public buildings according to green standards.
| Aug 2, 2012
FBI investigates Turner, Tishman, Skanska, and Plaza Construction for billing practices on public projects in New York
After charges filed against Bovis Lend Lease in April led to an admission of guilt and $56 million in fines for overbilling clients, federal prosecutors are investigating the billing practices of four more New York City construction firms, according to reports.
| Aug 2, 2012
Court ruling may lead to more destructive testing on unfinished Harmon Tower in Las Vegas
A Clark County, Nevada district court judge ruled that the unfinished Harmon Hotel at CityCenter, operated and half-owned by MGM Resorts, could not use extrapolation when requesting damages at a possible trial.
| Aug 2, 2012
NIBS council recommends private and public measures to improve building sustainability
A new report by the National Institute of Building Sciences Consultative Council highlights four several areas that need focus to improve sustainability in buildings and infrastructure.
| Aug 2, 2012
Greenbuild summit will focus on greening affordable housing
A two-day summit focused on green building in the affordable housing market will be held Nov. 13 - 14, 2012 in San Francisco, Calif. at the Greenbuild International Conference & Expo.