Laramie,Wyoming development plan update!
Hello Investors around Wyoming and NOCO area. I wanted to share this information for those who are invested or interested in the Laramie market. The link takes you to Laramie's development plan, which addresses the housing crisis and how the town is planning to solve the problem. I figured it would be valuable information for this group if you didn't know about it already. Pg. 126-129 address the housing strategy but the entire document is very important to understand if you are investing or looking to invest in this university town. What are your thoughts?
It nice that they're specifically thinking about addressing this. However the strategy isn't really a plan.... yet. It's just thoughts about what they hope to be able to accomplish generally speaking. For example, "Seek to partner with financial institutions to capitalize new/expanding developers" just means they have a general intent to try to do this. Whether it materializes or not, to the workable use of investors, is another matter. I also think there is some language that makes me pause, as it could provide barriers and unintended consequences to investors.
-
Real Estate Agent WY (#15579)
- 307-772-1185
- http://www.DrSheriFluellen.com
- [email protected]
Because you're local to Laramie, you'll have a good ear to the ground on programs and developments as they happen. Keep us informed!! :-)
-
Real Estate Agent WY (#15579)
- 307-772-1185
- http://www.DrSheriFluellen.com
- [email protected]
Hey @Daniel Carrillo, thanks for the information, it was an interesting read. A lot of it makes sense, but I don't think that much money will follow it.
Very interesting to hear back from those they are "expecting" to reach. It has been interesting to have conversations about the future of Laramie even though there has been some confusion at times about the implementation of what is "on paper". I will defiantly keep everyone updated so please share with anyone you think this would help.
Yeah, development plans can be quite useful in knowing the areas that will appreciate.