The Downtown Denver Partnership has released updates to the
Downtown Denver Development Map detailing projects under construction or planned as of April.
There now is $1.27 billion in development under construction that includes 1,741 hotel rooms, 4,210 residential units, nearly 2.4 million square feet of office space and nearly 230,000 square feet of retail space either planned or under construction downtown.
"That signals noteworthy progress toward the partnership's vision of a prosperous city that attracts jobs, growth and investment," says Tami Door, president and chief executive of the Downtown Denver Partnership. "Projects around Denver's Union Station, particularly residential developments, are moving forward at a faster pace than many had envisioned as developers recognize that building adjacent to this important multimodal transportation hub is a smart investment."
The annual Downtown Denver Development Map, detailing all downtown development projects since 2010, will be released in June. The map is intended to be used by developers, investors and brokers interested in downtown Denver. Development trends remain consistent with previous updates, including more than half of the development of residential units occurring around Union Station.
Contact Confluence Denver Development News Editor Margaret Jackson with tips and leads for future stories at margaret@confluence-denver.com.
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