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
Denver Could Eliminate Parking Requirements
The city could remove parking mandates citywide to reduce the cost of housing construction and ease permitting for new projects.
Denver Takes on Sidewalk Repair
The Colorado capital is the largest U.S. city to commit to maintaining its entire sidewalk network, funding repairs through a fee on property owners.
Denver Pauses Multifamily Development in Westside Neighborhoods Amidst Gentrification Concerns
City officials say the pause on permits for redevelopment projects aims to stop the displacement of long-term residents.
Florida Considers Legalizing ADUs
Current state law allows — but doesn’t require — cities to permit accessory dwelling units in single-family residential neighborhoods.
Manufactured Crisis: Losing the Nation’s Largest Source of Unsubsidized Affordable Housing
Manufactured housing communities have long been an affordable housing option for millions of people living in the U.S., but that affordability is disappearing rapidly. How did we get here?
HUD Announces Plan to Build Housing on Public Lands
The agency will identify federally owned parcels appropriate for housing development and streamline the regulatory process to lease or transfer land to housing authorities and nonprofit developers.
EPA Terminates $116 Million in Grants for Reducing Emissions from Construction Materials
C-MORE grants were earmarked for industry trade groups and universities.
BART Closes $35 Million Deficit
Cost control and revenue generation measures prevented service cuts.
The New Parisian Hearse is a Bicycle
Sleek, silent, and sustainable, a green trip to the graveyard has hit the streets of the French capital.
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