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 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.
Denver Plans to Update Landscaping Regulations
The city will change its landscaping rules to prohibit “non-functional turf” and encourage native and climate-resilient vegetation.
Denver Transit Board Approves $1.2 Billion Budget
The 2025 budget for the Regional Transportation District is the largest in the agency’s 55-year history.
Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.
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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
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