Denver building boom

8/17/2017 (Permalink)

• The Downtown Denver Partnership’s most recent State of Downtown Denver report revealed that there is currently $2.47 billion worth of construction projects being planned (14 projects) or underway (18 projects) in the city, The Denver Post reported.
• Projects include hotels (1,230 rooms), residential units (4,592) and office space (2.77 million). That level of construction dwarfs 2015’s hotel rooms (591), residential units (1,901) and 330,000 square feet of office space added — worth a total $634.7 million.
• As downtown developers set their sights on adjacent pockets of available space for additional growth, Partnership officials said it’s important that they address housing affordability, workforce development and transportation challenges so that they can be "part of the solution and not a part of the problem."    http://www.constructiondive.com/news/denver-building-boom-accelerating-as-new-construction-reaches-25b/418988/