Denver - The Real Deal

Slim supply of new condos has first-time buyers ‘driving to qualify’ in Denver exurbs

TRD Staff — Thu, 22 May 2025 17:53:28 +0000

A lack of new condos in Denver is forcing first-time buyers to “drive to qualify” in the exurbs. Younger buyers are struggling to overcome the exorbitant maintenance costs and association fees linked to decades-old condos in greater Denver, The Denver Post reported. The high barrier to entry is forcing them to look outside the city […]

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Denver lays out incentives for developers, tenants in bid to revive downtown retail corridor

TRD Staff — Fri, 16 May 2025 18:37:08 +0000

The city of Denver has trotted out sweeteners to entice businesses to set up shop in its struggling 16th Street pedestrian mall downtown. The incentives, paid for by the city, aim to help fill the one-in-three empty storefronts in the 1.25-mile promenade on 16th Street from Civic Center to Union Station to draw more shoppers […]

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Can women’s soccer stadium kick-start Denver’s Santa Fe Yards?

TRD Staff — Mon, 12 May 2025 19:07:32 +0000

The city of Denver may pour $70 million to build a women’s soccer stadium on a 41-acre vacant lot south of downtown, which could serve as anchor for a large retail village. The proposed 14,500-seat stadium at the southeast corner of Interstate 25 and Santa Fe Drive would cost between $150 million and $200 million […]

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Colorado construction defects reform bill seen as key to affordable housing

TRD Staff — Fri, 09 May 2025 18:30:00 +0000

Colorado has passed a law to break down barriers to building more condominiums, which could boost construction of more affordable housing across the state. Gov. Jared Polis signed House Bill 25-1272, which reboots the construction of condos and townhomes in Colorado by reforming construction defects rules and aims to increase construction of middle-market housing, the […]

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Unsold homes in greater Denver rise to 14-year high

TRD Staff — Wed, 07 May 2025 18:28:30 +0000

Home buyers in Denver have tip-toed into the spring selling season with caution, creating the biggest backlog of available properties in more than a decade. Listings of condominiums and single-family homes in the Mile High City rose 22.5 percent to 11,964 last month, the greatest number since fall 2011 and a year-over-year jump of 71 […]

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Gibson, Dunn takes highest floor of new Denver office tower

TRD Staff — Mon, 05 May 2025 18:00:00 +0000

Gibson, Dunn & Crutcher has taken up the top floor of a new 30-story office tower in Downtown Denver, with a pickleball court overhead. The international law firm set up shop in 30,600 feet after being the first tenant to ink a deal at the building at 1900 Lawrence Street, in the Central Business District, […]

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Burst of multifamily supply trims rents in Denver

TRD Staff — Wed, 30 Apr 2025 18:23:14 +0000

Developers have built so many apartments in greater Denver that empty units have hit a 16-year-high, with cascading rents across the city. Builders have added 20,822 apartments in the past 12 months, driving vacancy in the Mile High City to 7 percent last quarter, from 5.8 percent late last year, the Denver Post reported, citing […]

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Denver landlords push back on green regs for offices, hospitals

TRD Staff — Tue, 29 Apr 2025 19:13:28 +0000

Landlords of large office buildings and hospitals in Denver have pushed back against city and state green building rules, saying they damage their bottom lines and the economy. Complaints from various business sectors have led the city Office of Climate Action, Sustainability and Resiliency to redo its Energize Denver, or plan to cut building pollution, […]

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Ulysses scores $67M in financing to build affordable homes near Denver

TRD Staff — Wed, 23 Apr 2025 17:22:01 +0000

Ulysses Development Group has secured $67 in financing to build a 152-unit affordable housing complex outside Denver. The Denver-based developer landed the funds to construct the four-story building at 11801 Wadsworth Boulevard, in Broomfield, about 16 miles north of Denver, the Denver Business Journal reported. A groundbreaking is set for June 11. The financing stems […]

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New permitting office makes Denver latest city to counter “too hard to build” rep

TRD Staff — Tue, 15 Apr 2025 17:45:00 +0000

Denver Mayor Mike Johnston has fired off an executive order to set up a dedicated permitting office for developers, cutting red tape in a city where he said it “was too difficult to build things.” The mayor’s order, his first since he was elected two years ago, aims to handle start-to-finish building permits in six […]

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