Since January 2012, $5.3 billion of total investment in development has been completed or is under construction in downtown Denver, according to the 2017 Downtown Denver Development Map recently released by the Downtown Denver Partnership.
That’s a total of 87 projects, 3.5 million square feet of office space; 9,126 residential units and 2,819 hotel rooms.
“The private sector is responding to increased demand for residential housing, office space and hotel rooms propelled by strong population and job growth, as well as key public sector investments,” says Tami Door, president and CEO of the Downtown Denver Partnership. “This investment supports our vision of an economically powerful center city by creating opportunities for companies to move to downtown Denver and space for our existing companies to grow, as well as helping to meet the increasing demand to live and visit here.”
Intended for developers, investors and brokers interested in downtown Denver, the Downtown Denver Development Map highlights key investments within the boundaries of downtown Denver. The annual map tells the story behind downtown Denver development and encourages continued investment by highlighting projects completed in the past five years, in addition to projects under construction.
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Margaret is a veteran Denver real estate reporter and can be contacted
here.