LIVING DOWNTOWN DENVER

Dated: 03/09/2014

Views: 3328

Unless you have been on an Australian Aboriginal Walkabout for the past ten years you will certainly have seen the development that has taken place in downtown Denver and surrounding areas. 
m-walkabout 
There has been been a new wave of development that has transformed the Denver skyline.  The downtown population has exploded by 142 percent since 2000.  Which has fueled a boom in new restaurants, bars and clubs.  Denver is no longer the  “Sleepy One Horse Town”.   The population of downtown Denver is expected to grow by 18 percent over the next five years with an average age of 33 and an average annual house hold income of $76,263.

                          Downtown-Denver-Multifamily-Projects-Nov-2012-table
Downtown Denver offers a lifestyle that many are seeking, as can be seen by the surge in residential building.  According to denverfill.com there are the 3,200-plus residential units currently proposed for the Downtown Denver area. Of those, about half them will begin construction within the next six months.  If so, that means Denver will add approximately 5,000 residential units to its Downtown area from mid-2012 to mid-2014, or roughly half its total from the entire 2000s decade.  Another huge facelift that is nearing completion is the Union Station transformation.  Giving easier and more efficient access to the National Railway but more importantly for locals the RTD light rail system has been vastly improved with the newly opened line to Golden, the 2016 completion to Denver International Airport and the I-225 extension from Nine Mile station to Peoria station, (new stop on the RTD Eagle P3 to the airport). -- to see all the proposed line extensions -- RTD Fast Track

UnionStation 

Living downtown no longer requires car ownership!  Car2GO is a great way to travel a little further then just walking distance and for the more fitness minded you have Denver B Cycle 

Downtown Denver has been transformed from the “Cow Town” of past, even though you can still shop like a cowboy or cowgirl in the heart of downtown, to the a hip and happening city, with LoDo, LoHi, RiNo and Riverfront being some of the most sort after neighborhoods to live in.  You can catch a baseball game in the afternoon and a hockey game that night, all with in walking distance.  Denver does not shut down at 6pm, like most city centers, in fact downtown is just getting started.  Whether you own or rent downtown Denver has an allure that most cities just don't have.  Downtown Denver stands to benefit from the surge in supply and with the number of people living downtown set  to increase by a third Denver is going to become one of the great downtowns of North America.1.If there are any topics that you would like to discuss please email me.
1.If there are any topics that you would like to discuss please email me.
2.Liking my Facebook business page helps me provide more concise direct blogs.www.facebook.com/BlueSkyRealEstate
Blog author image

Ken Blevins

Ken Blevins, Chief Executive Officer of Metrowest Real Estate Services, is a veteran in mortgage and default servicing with more than 23 years of experience in collections, foreclosure/bankruptcy, los....

Latest Blog Posts

Want To Live On The Sunny Side Of Denver

As the neighborhoods in close proximity to Denver are becoming more crowded and pricey, would-be buyers are flocking further from the city to check out up and coming areas where prices may be a

Read More

Denver Market Spring Highlights

The most recent data from the Denver Metro Association of Realtors (DMAR) shows the spring selling season is off to a strong start in Denver, with sellers going for top dollar and buyers

Read More

Best Denver Neighborhoods For First Time Home Buyers

With low inventory and high home prices in Denver, first-time buyers are often overwhelmed with how quickly homes sell and discouraged with the lack of options for their first starter house. It’s

Read More

Overland Exploring Denvers Very First Neighborhood

Once run down and somewhat undesirable, Overland, Denver’s very first settlement, is now in the midst of an overhaul as once-empty storefronts along South Broadway fill out with a variety of

Read More