Search
 

Downtown Growing by Leaps and Bounds

DENVER-The Downtown Denver Partnership is smiling over a recent report that quantifies a decade of transition. All aspects have risen significantly and office vacancy at fourth quarter close had been at a 20-year low.

By John Rebchook | Updated on April 12, 2001

DENVER-The Downtown Denver Partnership is smiling over a recent report that quantifies a decade of transition. All aspects of downtown life have risen significantly in the past decade and office vacancy at the fourth quarter close is at a 20-year low.John RebchookDENVER-Those who haven’t visited the Mile High City during the last 10 years, would be startled by how much it has changed.

The Downtown Denver Partnership Inc. recently has released a report quantifying the transition that has taken place. The findings show that the number of downtown workers has jumped 11% to 113,000 in 2000 from the 102,000 in 1992.

More than 50 vacant buildings have been redeveloped during the past decade. Most of them have been converted into housing, but a few are commercial mixed-use projects. Since 1991, close to 1,500 housing units have been created downtown.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.