Downtown Denver Has a Case of Development Fever

With construction cranes dotting downtown Denver's skyline, the area's growth is apparent to anyone gazing skyward. A new report released this week on the "State of Downtown Denver" quantifies the area's "unprecedented growth".

"There are 26 projects under construction in downtown Denver, representing $1.8 billion in investment from the public and private sectors, according to a report released Wednesday," writes Howard Pankratz.

The third annual report [PDF], presented by real estate service firm Newmark Grubb Knight Frank, "shows Downtown Denver’s progress in creating an environment attractive to drivers of the new economy, such as the Millennial generation and start-ups..." The area's attraction is reflected in its surging residential population, which has grown 142 percent since 2000. 

"Downtown Denver continued to see unprecedented growth over the past year," said Tami Door, president and CEO of the Downtown Denver Partnership. "The strength, vitality and vibrancy of cities are critical to the success of our regions, because this is what ultimately attracts companies, employees, residents and visitors, and spurs growth in the state and region."

Full Story: Report: Downtown Denver is vibrant with investment


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