“Broomfield County saw one of the greatest increases in gross rent nationally, according to a recent study from the U.S. Census Bureau. Over a five year period, the study said that the increase was $312 — from $1,105 to $1,417. To put that figure into perspective, the study found the nation overall saw a $21 … [Read more…]
“The multi-year fight at the Legislature over the diversion of tax money to aid cities’ revitalization opened a new chapter this past year that may not be over.” read the entire article Sealover, Ed. Denver Business Journal 9 June 2017.
“The South Metro Fire Rescue Fire Protection District is suing the town of Parker’s urban renewal authority, which was created to encourage development in blighted areas, accusing it of diverting hundreds of thousands of taxpayer dollars from the fire district that should have been used for fire, rescue and emergency services. If the Parker … [Read more…]
“After decades of blight and neglect, changes are coming to the historic Denver neighborhood. But will it be able to hang onto the culture and character that make it unique?” read the entire article Armbrister, Molly. Denver Business Journal 13 Janaury 2017.
“Apartment rents in metro Denver fell for the third month in a row in October, according to a new report. According to apartment housing research company Axiometrics, Denver-area renters are paying $31 per month less than they were paying in July. The average rent in the Denver area is $1,381 in October, up 1.8 … [Read more…]
“Two reports released this week seem to indicate that rents in Denver appear to be falling. The first, put out by San Francisco-based apartment app Zumper, indicated prices for one-bedroom apartment rentals in Denver have fallen 3.1 percent over the past year, and Denver is no longer on the list of the nation’s 20-most … [Read more…]
“Denver’s “downtown environment,” especially on the 16th Street Mall, is the No. 1 complaint about Denver among convention and meeting planners — and it’s causing the city to lose business. So says a report by Visit Denver, the city’s visitor and convention bureau, that was presented to the Denver City Council at a retreat … [Read more…]
“Denver City Council members are assuring builders that a development fee leveraged against them to help create a $150 million affordable housing fund will not be as high as a new study found are legally justified. The study, which was conducted to help the Denver City Council determine the best way to create the … [Read more…]
“Average apartment rents in metro Denver hit $1,315 per month in the first quarter, according to the latest report from the Apartment Association of Metro Denver. That number represents a 9 percent increase over the same quarter in 2015, when the average rent metro-wide was $1,203. From fourth-quarter 2015, the increase is smaller: about … [Read more…]
“Three historic buildings in Denver have been given preliminary approval for a new tax credit program aimed at encouraging the private sector to invest in preserving historic buildings. Cathedral High School on Grant Street, Rice’s Tap House on Welton Street and the Alliance Center on Wynkoop Street are among the 13 commercial building projects … [Read more…]