Judy Montero

Downtown Denver: Still booming?

September 30, 2008 · Leave a Comment

Any clues about how the trouble on Wall Street will affect District 9? Denver InFill had an upbeat assessment a couple of weeks ago:

We’ve got 45-story, 41-story, 22-story, and 17-story projects under construction Downtown (not counting the 32-story One Lincoln Park which is about 99% finished) that can keep us entertained until things get better. Add in the possibility that Two Tabor, at 43-stories, could still break ground this year (fingers crossed) and that the 17-story Embassy Suites project is sort of under construction now (or is that still parking-garage-foundation-removal going on?)… and we’re doing pretty good considering the national situation.

Despite the uncertainty that is severely stressing the real estate development world, how can we not still feel pretty upbeat about Downtown Denver?

Of course, that was written before the appearance of the Paulson plan and all the politics associated with it. But so far, financing for all those projects appears to be secure; no word yet that any of them has had to slow down or suspend construction. Stay tuned . . . .

If you haven’t been over to the new LoDoNA web site yet, you ought to check it out. It’s a nice online showcase for Denver’s showcase neighborhood — not only pretty to look at but also very functional, with lots of info on upcoming events, philanthropic initiatives, and other goings on. There is also a good running list of upcoming meetings about the Union Station redevelopment, local design / development, liquor licensing, FasTracks, safety, and other neighborhood issues.

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