“Denver is quickly growing and the housing supply has struggled to keep up with demand, sending prices higher with every passing month.
Downtown Denver is currently seeing a flurry of new developments, much of it residential. While the new construction won’t immediately solve the city’s affordability problem, it could relieve some pressure in the market.
More than a dozen residential developments are currently underway, promising to add more than 4,300 new units over the next couple years, according to the Downtown Denver Partnership.
The Golden Triangle, Arapahoe Square and Union Station/Central Platte Valley areas are seeing the bulk of new construction. In the Golden Triangle alone, three developments will add nearly 1,000 apartments.”
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Sevits, Kurt. Channel 7 News 27 June 2017.