It is no secret that Denver is expanding and growing at a remarkable rate. A trip to Denver's Downtown Neighborhood will reveal a skyline dotted with steel beams, construction workers, and cranes as far as one can see. However, with this much new development it is hard to know exactly what is being built within thisarea. Fortunately, the Downtown Denver Partnership and Hensel Phelps Construction recently released a very insightful new construction map and downtown development analysis which helps tosummarize the development activity.
According to this powerful overview, there is currently nearly $800 million in projects under construction in or around Downtown. The mix of new residential dwellings, hotel accommodations, retail space and office space offer many new opportunities for Denver residents to explore and enjoy the downtown area. Here is a breakdown of how many residential units are being built, as well as how much commercial square footage is being created:
With this exciting information, it is clear that as Denver's skyline continues to change, as will the opportunities to live, work and play downtown. For those considering relocating to this quickly changing hot spot, there has never been a better opportunity to invest in a neighborhood that promises continued growth and opportunities!
To view the full development snapshot, visit: http://www.confluence-denver.com/devnews/development_012215.aspx
Ryan Belinak
Cell: 303.807.6495
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