“As the nation emerged from the Great Recession, developers looking for the next hot neighborhood started checking out Denver’s Five Points, a historically African-American neighborhood known as the Harlem of the West because of its long jazz history.
Among the first developers to start working in the area was Palisade Partners, which began buying property along the Welton Street Corridor in 2013. “At Palisade Partners, our guiding principle is to do deals where others aren’t,” Palisade Partners Development Manager Tim Welland said. “At the time, there weren’t any other projects going on in Five Points. There hadn’t been a new development there in over a decade.” Five Points’ location just northeast of downtown and the fact that Welton Street is the major thoroughfare running through the neighborhood’s business district made the area particularly attractive to Palisade.”
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Jackson, Margaret. BisNow 15 February 2018.