7, 0 00 915,000
DENVER’S RESIDENTIAL UNITS DOWNTOWN PROJECTED GROWTH RATE UNDER CONSTRUCTION
PLANNED
OR
COLORADO CONVENTION CENTER
in
DOWNTOWN & CITY CENTER NEIGHBORHOODS
ATTENDEES IN 2012
5X
NATIONAL GROWTH RATE. % 636,000,000 142 DOWNTOWN’S IN INVESTMENT ACRES OF
GROWTH
www.downtowndenver.com Follow Us:
Downtown Denver @DowntownDenver
55,000 65,974 STUDENTS
ATTEND CLASSES in
RESIDENTS
DOWNTOWN DENVER $76,263 6/10 DOWNTOWN RESIDENTS AVERAGE INCOME have a
For
27.1
HOUSEHOLDS
SPACE
OF
DOWNTOWN EMPLOYEES
USE TRANSIT,
OR
BIKE, WALK CARPOOL to work
CITY CENTER NEIGHBORHOODS
115,020 in
DOWNTOWN DENVER OFFICE MILLION SQUARE FEET
60%
DOWNTOWN DENVER
EMPLOYEES OR HIGHER DENVER BACHELOR'S DEGREE DOWNTOWN
{IN}
AND
303.534.6161
DOWNTOWN DENVER
–2013–
RESIDENTS OWN A CAR
of
{IN}
25%
PROJECTS COMPLETED
2 of
OVER
Downtown Denver Partnership 511 16th Street, Suite 200 Denver, CO 80202
152 PARKS
3,200,000 FT RETAIL SPACE IN THE PAST YEAR DOWNTOWN DENVER
DON’T
Published in September 2013 by:
through
Since 2000
[OF]
– Margaret Mead
RESIDENTIAL POPULATION
STATE
“ A city is a place where there is no need to wait for next week to get the answer to a question, to taste the food of any country, to find new voices to listen to and familiar ones to listen to again.”
in
$
The The
STATE
of of
DOWNTOWN DENVER
Dear Downtown Denver Stakeholder, The Downtown Denver Partnership is pleased to publish the third annual State of Downtown Denver, a fact-driven report that provides timely, objective and accurate data about Downtown Denver. We are proud to continue our partnership with Newmark Grubb Knight Frank and deliver the most complete statistics and analysis about Downtown Denver. After just a few minutes reviewing the information in this report, it quickly becomes clear that Downtown Denver is the hub of the Rocky Mountain region and that our hub is growing. Downtown Denver is an office for over 115,000 employees with 675,000 square feet of office space currently under construction. Downtown Denver is home to 17,500 residents, a 142% increase since 2000. Downtown Denver is a classroom to over 55,000 students where at least $254 million has been invested to enhance the educational environment. All in all, there are currently 26 projects under construction, representing approximately $1.8 billion in investment from both the public and private sectors. Turn the page and read the facts, figures and case studies in this report that showcase the current state of Downtown Denver. And when you are ready to make an investment in Downtown Denver, we invite you to reach out to us at www.downtowndenver.com.
Sincerely,
Table of Contents Introduction Letter................................................ 1 Notable Rankings................................................. 3 Downtown Area Plan............................................ 4 Development & Investment............................ 6-7 Office Market.................................................... 8-9 Employers & Employees................................ 10-11 Residents........................................................ 12-13 Retail & Restaurants.................................... 14-15 Students & Universities............................... 16-17 Transportation............................................... 18-19 Environment........................................................ 20 Tourism ................................................................ 22 Culture, Entertainment, Sports, & Events..... 23 Board of Directors ............................................. 25
Tamara Door
Elbra Wedgeworth
President & CEO
Chairwoman
Downtown Denver Partnership
Downtown Denver Partnership
{1}
NOTABLE RANKINGS
{2}
Best
2ND
2ND
city for small business employees.
FASTEST GROWING LARGE CITY IN THE U.S.
SAFEST FEELING METRO AREA TO WALK THE STREETS.
(CardHub, 2013)
(U.S. Census Bureau, 2013)
(Gallup, 2013)
3RD
3RD
3RD
MOST ACTIVE RESIDENTS.
best city for SMALL BUSINESSES.
best city IN THE WORLD FOR OIL & GAS CAREERS.
(Travel + Leisure, 2012)
(Business Journals, 2013)
(Rigzone, 2013)
3RD
4TH
5TH
BEST city for RECENT COLLEGE GRADS.
best city for job seekers.
MOST LITERATE CITY.
(Nerdwallet, 2013)
(Forbes, 2013)
(Central Conneticut State University, 2013)
5TH
6TH
6TH
HEALTHIEST METRO AREA.
best city for TECH STARTUPS.
best city IN AMERICA.
(American College of Sports Medicine, 2013)
(Entrepeneur Magazine, 2013)
(Businessweek.com, 2013)
6TH
6TH
8TH
LEAST OBESE CITY IN THE U.S.
best city for Clean Technology.
best LARGE city for YOUNG ENTREPRENEURS.
(Gallup, 2013)
(CleanEdge, 2013)
(Under30CEO, 2013)
8TH
9TH
9TH
BEST city for ACCOUNTING JOBS.
best city for FEMALE ENTREPRENEURS.
best city for ACCESS TO JOBS VIA PUBLIC TRANSPORTSTION.
(LedgerLink, 2013)
(Forbes, 2012)
(Brookings, 2013)
TOP 5
TOP 10
TOP 15
BEST CITIES FOR YOUNG ADULTS.
CITIES FOR URBAN FORESTS.
EMERGING DOWNTOWNS.
(Kiplinger’s, 2013)
(American Forests, 2013)
(Forbes, 2013) {3}
I EL
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The map above illustrates the boundaries of Downtown Denver. Downtown Denver is CA
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Downtown Denver Boundaries
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comprised of the following planning districts set forth by the 2007 Downtown Area Plan: E AV
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Central Platte Valley Prospect, Central Platte Valley Commons, Central Platte Valley ST
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Auraria, Auraria, Lower Downtown(LoDo), Commercial Core, Cultural Core, Golden E AV
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Triangle, Arapahoe Square and Ballpark. TH 11
City Center Neighborhood Boundaries H
W
9T
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H
W
8T
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Arapahoe Square
neighborhoods. Its boundaries extend beyond the Downtown Denver boundary to include
Green
the following neighborhoods: Highland, Ballpark, Curtis Park, Five Points, Uptown, Capitol
T
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The City Center area includes Downtown Denver and its surrounding residential CT
• Downtown’s New Neighborhood:
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TH
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WEWATTA ST
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DENVER UNION STATION
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TH
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20
STATE CAPITOL
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TH
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BLVD N SPEER
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• An Outstanding Pedestrian W
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20TH ST
19TH ST
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• Clean and Safe
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19TH ST
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• A Comprehensive Retail Strategy
E
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E AV
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TH 34
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Mountain Region
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• The Downtown of the Rocky
E AV
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Prosperous
29TH ST
strategies guiding Downtown Denver are:
E AV
E AV
Denver one of the most livable places in the world. The vision elements and accompanying W 29TH ST
TH
26
ST
TH
29
ST
E
30TH ST
BRIGHTO N BLVD
E AV
TH
30
E
31ST ST
AR KIN SC T
32ND ST
31ST ST
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32ND ST
Denver. The Downtown Area Plan outlines the major components to make Downtown
E
T YE FA
TE
33RD ST
Area Plan with an updated vision and set of goals and recommendations for Downtown 31ST ST
GIL
ST
In 2007, the public and private sectors came together to build upon the 1986 Downtown
MS LIA
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E
ST
E AV
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Hill, La Alma/Lincoln Park and Jefferson Park.
• A Rejuvenated Civic Center • Sustainable Use of Resources
{4}
{5}
I W ST ST IN KL AN FR
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E ForH AVadditional information, please visit 9T W www.downtowndenver.com.
A
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13 TH
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Source: Downtown Denver Partnership ST
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Map is not inclusive of all proposed developments.
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• Completed development • Development under construction • Planned development
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72
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TH 34
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planned for development.
TH 36
N
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Arapahoe Square
22ND ST
HU
FO X
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AV AJ
N
W
T
DE
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Central Platte Valley Prospect
IN THE PAST YEAR
map shows projects completed since 2007, as well as projects under construction and
HU
E
PARK AVE
ST
TH 37
18
N
DE
26TH ST
24TH ST
X FO
construction, many more projects are being planned in Downtown Denver. The following
E
STOUT ST
ST GO AR
CALIFORNIA ST
IN
N
DO W
AR
D
ST
G
B
AR
M
EN
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GLENARM PL
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E RD ILL
27TH ST
EV
LARIMER ST
28TH ST
Half of the 26 projects currently under construction are in the vicinity of Denver Union Station.
N IO AR M
residents. In addition to projects completed in the past year and those currently under
E AV
ST
component; when completed, Downtown Denver will have over 2,800 additional units for
TH 19
IN KL
there are 26 projects under construction. Fifteen of these projects have a residential
E
The number of housing units currently under construction is just under the total number of housing units completed since 2007. ST
million square feet of additional or re-purposed space in Downtown Denver. Currently,
16 of the 55 projects completed since 2007 are located in the Commercial Core. ON GT N HI
636,000,000
$
10 projects were completed, representing over $636,000,000 of investment and over 2.2
CURTIS ST
BRIGHTON BLVD
LAWRENCE ST
Downtown Denver Development Since 2007 AS W
Downtown Denver is buzzing with construction activity. Between July 2012 and July 2013,
E AV
TH
24
AN FR
DEVELOPMENT AND INVESTMENT
25
E
27TH ST
WESTON ST
29TH ST
State of Downtown Denver // September 2013
29TH ST
AR KIN S
CT
30TH ST
W 29TH ST
E AV
TH
E
ST
{7} S MA YU
T
{6} TH W8
D VIA AVE
SEM
INOL
E RD
E AV
N
ST
State of Downtown Denver // September 2013
OFFICE MARKET
Downtown Office Market Balance
Downtown Denver has a total of 27.1 million square feet of office space. Office vacancy fell sharply from a high of 18.3% at the end of 2009 Square Feet
Percentage
downtowns. With vacancy rates dropping, the market is responding not only with increasing lease rates of $26.50/sf from $24.35 in 2012
1,500,000
19.0%
1,000,000
17.0%
500,000
15.0%
0
13.0%
-500,000
11.0%
but also by constructing additional office space. A total of 675,000 square feet of office space is currently under construction throughout Downtown Denver, with approximately 1.2 million square feet of office space planned to be developed in the next several years.
Office Inventory Under Construction & Planned for Development Project Name
Status
Square Feet
Projected Completion Date
1601 Wewatta
Under Construction
283,000
2015
16M
Under Construction
130,000
2014
Denver Art Museum Office Building
Under Construction
50,000
2014
IMA Financial Center
Under Construction
102,000
2013
One Union Station
Under Construction
110,000
2014
16 Chestnut
Planned
320,000
2014
16th & Wewatta
Planned
65,000
2014
Triangle Building
Planned
220,000
2014
17 Wewatta
Planned
60,000
2015
Historic Windsor Dairy Block
Planned
325,000
2015
Wewatta Plaza
Planned
200,000
TBD
Major Office Building Sales Since July 2012 Sale Date
$217
655,000
$331
Fall 2013*
1660 Lincoln
$38
283,544
$134
July 2013
1700 Broadway
$98
394,151
$249
May 2013
1999 Broadway
$183
680,277
$269
May 2013
1625/1675 Broadway
$176
770,221
$229
April 2013
1331 17th Street
$70
218,906
$320
April 2013
1001 17th Street
Building Address
* As of print date, sale expected to close Fall 2013. List includes sales of properties over 200,000 square feet.
{8}
investors
continue
drawn
to be
Square Feet
Price Per Square Foot
Approx. Sales Price (in millions)
To
downtown
denver
Sources: Denver Business Journal, Denver Post, Newmark Grubb Knight Frank Research, Downtown Denver Partnership, Denver Infill
Year-to-date
absorPtion In 2013
175,000
was
to 13.8% by mid-2013, compared to a 17.0% vacancy rate in Denver’s suburban office market and to higher vacancy rates in other U.S.
square feet
9.0%
-1,000,000 2004 Supply
2005
Absorption
2006
2007
Vacancy
2008
2009
2010
2011
2012
2Q13
Source: Newmark Grubb Knight Frank Research
SPOTLIGHT: Downtown Denver’s Oldest and Newest Neighborhood Denver Union Station is again a hub of commercial activity in
occupied new buildings. However, from 4Q08 to 2Q13, these new
Downtown Denver, spurring significant office development in the
buildings drove absorption totaling almost 900,000 square feet.
Lower Downtown, or LoDo, neighborhood. When it first opened
LoDo’s current inventory has swelled to 3.9 million square feet,
in 1881, Denver Union Station provided a rail hub for Denver,
and vacancy stands at 8.3%, the lowest of any Denver submarket
supporting the thriving frontier town in the relatively new state
or micromarket. LoDo’s Class A rental rates have risen to
of Colorado.
$34.00/sf – the highest in the Denver market. As elements of the
However, by the mid-twentieth century, the declining popularity
new Union Station begin to open in 2014 and surrounding office
of rail travel reduced Denver Union Station to a relic, leaving
developments are completed, Denver’s oldest neighborhood is
LoDo full of dilapidated commercial buildings. By the late 1980s,
again entering a new phase.
pioneer businesses such as the Wynkoop Brewery opened and old warehouses were converted to hallmark LoDo ‘brick and timber’ office buildings. The opening of Coors Field in 1995 drew thousands to the neighborhood’s growing retail amenities. Prior to 2008, LoDo’s 2.7 million square feet of office space was home to mostly to creative firms drawn to the neighborhood’s non-traditional space. LoDo enjoyed low vacancy of around 6% from 2005 to 2007. By 4Q09, vacancy climbed to 26.4% due mainly to the delivery of over 1.1 million square feet of partially-
{9}
State of Downtown Denver // September 2013
Downtown Denver’s Role in the Metro Region
EMPLOYERS & EMPLOYEES Downtown Denver serves as the Rocky Mountain region’s
Number of Employees in Downtown Denver*
employment hub, with 115,020 employees in 2012 – 2.4% more
116,000
employees than in 2011. The largest industries in Downtown
114,000
Denver are Professional and Business Services (31%),
112,000
Government (20%), Leisure and Hospitality (15%) and Financial Activities (12%)*.
110,000 108,000 106,000
Since September 2012, many companies have decided to relocate or expand into Downtown Denver. Canada Goose chose Denver for their U.S. headquarters and Newalta Corp. announced that they will open their first Colorado office in Downtown Denver. In addition, other companies that made
104,000
2009
2010
2011
2012
*Numbers reflect fourth quarter covered employment (Jobs covered by unemployment insurance as reported in the QCEW. These positions represent the vast majority of total employment, although the selfemployed, some agricultural workers, some domestic workers, and several other categories of workers are excluded).
Downtown
Sample jobs in Downtown Denver’s largest industry: • Attorney • Marketing Professional • Researcher • Private Investigator • Software Developer • Graphic Designer
the decision to locate in Downtown Denver in the past year include McGraw Hill, PIXIA, OnDeck Capital, SwiftPage, Seven Step RPO, Halcón Resources Corporation and Resource Land Holdings.
SPOTLIGHT: Competitive Startups Are Focusing on Downtown Denver Downtown Denver is a hub of high quality resources for
DENVER
IS UP
DOWNTOWN
IN THE PAST YEAR
AND UP
2.4% 5%
EMPLOYMENT IN
SINCE 2010
innovators, budding entrepreneurs and startup companies
Age • 20% are 29 or younger • 61% are between 30 and 54
31%
PROFESSIONAL & BUSINESS SERVICES
18%
20%
GOVERNMENT
15%
15%
LEISURE & HOSPITALITY
11%
12%
FINANCIAL ACTIVITIES
7%
7%
NATURAL RESOURCES & CONSTRUCTION
5%
4%
INFORMATION
4%
3%
WHOLESALE & RETAIL TRADE
15%
2%
OTHER SERVICES
4%
2%
EDUCATION & HEALTH SERVICES
12%
1
%
TRANSPORTATION, WAREHOUSING & UTILITIES
3%
1%
MANUFACTURING
6%
through great facilities like Galvanize and support from academic institutions. Additionally, Downtown Denver’s urban environment is attractive to prospective startup employees looking to work and live in a vibrant, highly educated and accessible location. The energy and support
Supply
Source: Newmark Knight Frank Frederick Ross Research
from events and organizations like Denver Startup Week
Characteristics of Downtown Denver workers:
Metro Denver
Denver was ranked the third best city in the world for oil and gas jobs, according to Rigzone, a leading industry publication.
and Built in Denver are intensifying the entrepreneurial community’s interest in Downtown Denver with multiple startups moving their offices to Downtown Denver in the last year.
• 19% are 55 or older Gender • 53% Male • 47% Female Race/Ethnicity • 74% - White (not Hispanic or Latino) • 14% - Hispanic or Latino • 6% - Black or African American • 3% - Asian • 3% - Other or more than one race
{10}
Sources: U.S. Census, Longitudinal Employment Household Dynamics, Quarterly Census of Employment and Wages, Denver Post, Denver Business Journal, Metro Denver Economic Development Corporation, Rigzone
While the Education and Health Services industry only accounts for 2% of Downtown Denver’s jobs, it was the fastest growing industry in 2012.
{11}
State of Downtown Denver // September 2013
RESIDENTS
Resident Demographics
New residents are moving to Downtown Denver and its surrounding neighborhoods in record numbers. Downtown Denver’s residential
Downtown
City Center Neighborhoods
population is projected to grow by almost 18% in the next five years and Downtown’s City Center neighborhoods are projected to grow by
Size and Growth
12%. Recent Census data shows that the City of Denver grew by 5% between 2010 and 2012, making it the second-fastest growing large
2013 Estimated Residential Population
17,528
65,974
city (population over 500,000) in the U.S. Downtown Denver’s residential real estate market reflects this strong population growth. As of August 2013, over 7,000 residential units
Est. Growth 2013-2018
17.7%
12.0%
are under construction or planned in Downtown Denver and City Center neighborhoods, apartment vacancy rates are near record lows
Households
11,137
39,411
1.4
1.6
141.7%
24.8%
White (not Hispanic or Latino)
76.2%
60.3%
Hispanic or Latino
8.3%
18.4%
Black or African American
5.3%
7.4%
Asian
4.4%
2.6%
Other or more than one race
5.8%
11.3%
33.9
33.4
Male
56.9%
55.3%
Female
43.1%
44.7%
58.5%
50.8%
and the residential real estate market is surging.
2013 Est. Ave. Household Size
Downtown Denver Rental Rates
Downtown Denver Historical Apartment Vacancy Rate
1,256 1,405 $
$
25 20 15 10
AVERAGE RENT
5 0
Growth 2000-2013
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012*
*Q4 vacancy rate not included due to incomplete data
Amenities Elevate Downtown Denver’s Quality of Life Residents who live in and around Downtown Denver enjoy
AVERAGE RENT For
For
STUDIO
ONE-BEDROOM
APARTMENT
APARTMENT
Walk, Bike and Transit Scores of Downtown Neighborhoods
Age 2013 Est. Median Age
a high quality of life. Downtown and City Center Neighborhoods
Average Walk Score
Average Transit Score
Average Bike Score
Downtown Neighborhoods
87
82
88
City Center Neighborhoods
83
67
91
are easy to get around on foot or by bike and have the best access to public transportation in the entire Denver metro region. The neighborhoods in and around Downtown Denver have the highest walk, bike and transit scores in the City of Denver. In the past year, two new amenities were announced that will further enhance the quality of life for Downtown Denver residents. Students in grades K-5 will be able to attend the Downtown Expeditionary School beginning in the 2013/2014 school year. A new King Soopers will open in the 20th and Chestnut project near Denver Union Station in late 2014, providing Downtown residents and commuters a full-service grocery store in a convenient location.
Race/Ethnicity
Scores out of 100, with 100 being the best
Gender
Education/Income Percent of Population with Bachelor’s Degree or higher 2013 Est. Average Household Income
$76,263
2013 Est. Median All OwnerOccupied Housing Value
$361,029
$60,283
national rate and almost twice that of the City and County of Denver.
$278,660
• Denver’s City Center neighborhood residents have a similar racial and ethnic breakdown to Colorado and the U.S.
Presence of Vehicles 2013 Est. Households no Vehicles
{12}
• Downtown Denver’s projected growth rate is five times the
• Downtown Denver residents are highly-educated, with almost 25.2%
24.3%
6 in 10 having a Bachelor’s degree or higher, compared to 3 in 10 nationally.
Sources: Claritas, www.walkscore.com, U.S. Census, Downtown Denver Partnership, Denver Metro Apartment Vacancy and Rent Survey
{13}
CONFLUENCE PARK
2012 Downtown Sales Tax Collections by Month
• The 16th Street Mall accounted for 32% of total sales tax
40,000+
DENVER PERFORMING ARTS COMPLEX
$4,500,000
collected in Downtown Denver and remains the most popular
RTD LIGHT RAIL
$3,500,000 $3,000,000 N
$2,000,000
E
L
TRAI
ST
ST E
LA W AR
EEK CHER
DEC
NOV
OCT
SEPT
AUG
JULY
JUNE
MAY
APRIL
ST HU
RO
N
IN
ST FO X
www.DowntownDenver.com. TREMONT PL
AN
RM
NT
A GR
O
E
18 T
E AV
RTD CIVIC CENTER STATION
ST
AV E
H
AV E
ON GT
Miscellaneous Stores 6%
6.5%
Hotel and Other Accomodation Services 16%
5.5% 5.0%
{14}
2005
2006
2007
2008
2009
2010
2011
2012
Restaurants 48% Sources: Downtown Denver Partnership, City of Denver, Visit Denver, Newmark Grubb Knight Frank, CoStar
Motor Vehicles and Auto Parts 4%
Other Categories (less than 3% each)
{15}
Tr im
Information Producers/ Distributers 5%
7.0% 6.0%
ST
IN
H AS W
TH
CENTER PARK
SH
H
19
DE
ST
E
Manufacturing 6% CIVIC
25TH ST
PL visit GLENARM throughout Downtown Denver,
T 20
MARCH
FEB
JAN
B TREMONT PL
information about pedestrian traffic
RTD LIGHT RAIL
AY W D A RO
E
7.5%
of 400 pedestrians per block. ST For more WELTON
CLEVELAND PL
Clothing/Accesory Stores 8%
8.0%
ST CALIFORNIA of 44,924 pedestrians per block to a low
COURT PL
E AV
2012 Sales Tax Collections by Industry
Downtown Denver’s Share of the City of Denver’s Annual Sales Tax Collections
Downtown Denver ranges from a high CALIFORNIA ST
E
ST
E AV
TH
13
and Southern Hospitality.
TI LA
E
W
ViewHouse Eatery & Bar, Gather, Tom’s Urban 24, Eperney,
35,046
AX LF
Larkburger, Hailee Grace, Novo Coffee, Pizza Republica,
Pedestrian traffic on an average day in
STOUT ST
GLENARM PL
CO
$0
CHAMPA ST
38,977
DENVER PAVILIONS
W
July 2012, including: Hapa Sushi, John Fluevog Shoes,
O
LA AN SDowntown Denver GA on an average day.
$500,000
Downtown Denver.
WELTON ST
F AG Stout TA Streets is the Pbusiest block in
$1,000,000
• Over 50 retailers and restaurants have opened since
KA
3,912
middle of the day, unlike the rest of
CURTIS ST
44,924 9,147 6,245 36,029
16th Street between California and ST DR
$1,500,000
square foot.
M LA
FO X
• The median asking rate for retail leases is $23.75 NNN per
ST
PA
LI
COLORADO CONVENTION CENTER
R BL VD
$2,500,000
ST
RY C R
with a 4.4% vacancy rate.
H AT
SPEE
• Downtown Denver has 3.2 million square feet of retail space
CA
ST
$4,000,000
attraction for Metro Denver visitors.
19TH ST
18TH ST
34,247
traffic in the evening than during the
ST
$37,487,637 in sales tax for the City of Denver, representing
LAWRENCE ST SKYLINE PARK ARAPAHOE ST
D
13TH ST
30,000-39,999
ER SO N
2012
24TH ST
2011
ST
2010
N
2009
Larimer Square has more pedestrian
GA
2008
17TH ST
2007
MARKET ST
LARIMER ST
LARIMER WRITER SQUARE SQUARE
THTH ST 1616 MALL STMALL
2006
• In 2012, Downtown Denver retail establishments collected
6,686 30,805 5,449
18,502
20,000-29,999
$-
shopping and more.
14TH ST
Denver, providing ample options for eating, entertainment,
MARKET STREET STATION
and 19th Street.
3,026
EM
$5,000,000
BLAKE ST
PARK AVE
10,000-19,999
18,997
15TH ST
• Over 1,000 retail establishments are located in Downtown
COORS
PARK AVE
$15,000,000 $10,000,000
Y ST
22ND ST
0-9,999
$20,000,000
DELGA N
FIELD between 18th Street Blake Street
WAZEE ST
21ST ST
$25,000,000
AV E
traffic increases five-fold on
20TH ST
$30,000,000
TH
During a Rockies game, pedestrian
WYNKOOP ST
L
$35,000,000
DENVER UNION STATION
CHERRY CREEK TRAIL
Average Daily AVERAGE DAILY Traffic: Pedestrian PEDESTRIAN TRAFFIC
29
WEWATTA ST
T WEWATTA S
18TH ST
$40,000,000
CHESTNUT PL
W
Downtown Pedestrian Count Highlights Downtown Sales Tax Collected - Annual Totals
UNION GATEWAY BRIDGE
LIGHT RAIL PLAZA
SPEER BLVD
EL I
H CIR TC
7.6% of the City of Denver’s total sales tax revenue.
BASSETT ST
19TH ST
State of Downtown Denver // September 2013
RETAIL & RESTAURANTS
COMMONS PARK 2 WAY UNTIL WAZEE
CENTENNIAL GARDENS
JA S
N PA LI
ST
OG
ST
ON
25TH ST
ST
N DE
ON GT
ST
C
DO W
N HI AS W
24TH ST
O IP AR M
SA
ST
State of Downtown Denver // September 2013
35 TH
AV E
ST
D
AV E 18 TH E TREMONT PL
COURT PL
13
SH
IL AT
UM
• Project is adding bike connectivity between 13th Ave and the Auraria Campus
• Under construction, scheduled to be completed in 2014
ST
CIR
PL
T
IS
N
ZU
TH
12
W
• $20,000,000 project S MA YU
T
• 917 space, four-story parking structure with 15,000 square feet of ground floor retail space
TH W8 ST
EJ O
ST
AV E
LE JO
ST
H
VA L
BRYA N T ST
T 11
INOL
E RD
{17}
VA LL
W
SEM
TE JO N
Sources: Auraria Higher Education Center, Denver Post, DenverInfill, Metro State University Denver, University of Colorado Denver, Community College of Denver, Colorado State University
D VIA AVE
7T
E AV
LA
W
KA
H
N
ST
H IG
LA
ST
HIG MILE
W
OS
M
T HS
TH
HO
AV E
E N
ST AD IU
AHEC 5th Street Parking Garage
ST
H W AL K
• Subsequent phases will include E AV H 9T baseball, softball and soccer fields W N PA
LE
E AV
10
LI
AX
• First building in MSU Denver’s COLF W neighborhood
E AV
TH
W
O AJ AV
AY
CL
AV E
GLENARM PL
ST
CT
TH
WELTON ST
CALIFORNIA ST
STOUT ST
CHAMPA ST
CURTIS ST
A
OS
O
RI
20
ST
ST
IP
ST
• Administrative and support services for MSU Denver students
R
AT U
ST
{16}
ST
• Under construction, Phase 1 completed in August 2013
T
W
E
ARAPAHOE ST
IS ST CURT
ST
N PA
UR AT EC
ST
H AT
AP AG O
LI
ST
. ST
AT I
GA L
• $17,000,000 project
I
EL
AR
M
E AG
T IO
W
E AV
11
Metropolitan State University of Denver Athletic Fields
OS
N YA BR
EL
TH
DR
WAL NU
T ST
W
B
BY
T
RO
N
ST
PL
CRESCENT DR
ST
TT CO AL
AV E
TH
LAWRENCE ST
T ER S
CHOP
LARIM
D
27
AN RY
E
OK
ER
E AV
14
FE
L
W
M
CO
X FA
TH
E AV
ST
• $62,000,000 project
M
IL
TA
ST
• Completed March 2012
• 145,000 square feet
13
N
7TH
W 5TH
W
SA
E AV
Metropolitan State University of Denver Student Success Building
ST
K TRA
LA
2
BA
E AV
CH
W
RY CR EE
TH
AV
K OC
CHER
KA
W
D 3R
ST
TH 12
N
26
FO X
ST
TH
AV
ST
ST
E
I AT
along one of Auraria’s most traveled pedestrian access points.E
E
EL
7TH
LA W AR
ST
9TH
along Larimer Street, improving the pedestrian environment
LARIMER ST
MARKET ST
BLAKE ST
DE
O AG AP
campus bike lane on Curtis Street and planters and banners
ST
L GA
T
BL
W
WAZEE ST
WYNKOOP ST
WAT ER
EL I
have already been implemented, such as the addition of a VD
12TH
13TH ST
COLORADO CONVENTION CENTER
N
• First hotel on the Auraria Campus, providing a much needed amenity for PEPSI CENTER visiting students, family and adjacent CH C IR neighborhoods
29
• Critical part of creating 72 CCD’s neighborhood on Auraria Campus
AURARIA PARKW AY
RD
33
W
DENVER UNION STATION
SOUTH PLATTE RIVER GREENWAY
ST
12TH ST
PER C IR
SS
E AV
W Connecting Auraria study, recent incremental improvements
EE R N SP
DENVER PERFORMING ARTS COMPLEX
E CL
AV E
NE
TH
WEWATTA ST
ST
31
W
ST
AY CL
ST
AI TH
W
14TH ST larger lecture room
14TH ST
• Hotel and learning laboratories for hospitality students at MSU Denver
2
• Administrative and support services for CCD students
• Will house support services and
SPEER BLVD
L
Triangle and La Alma/Lincoln Park. In addition to the
DELGANY ST
ST JO LE L VA
AV E
PLATTE ST
ST
TT CO AL
ST
CENTRAL ST
W
T
IS N ZU
AV E
35
BOULDER ST
ERIE ST
ST
T DO N YA
AV E
TH
36
W
R
EC AT U
P LD W DUNKE
BASSETT ST
ST
E
N HO OS SH
ST
N JO TE
ST
O EJ LL VA
AV E
TH
37 W
T
UM
W
ST
N YA BR
A
LL
AT I
CT
neighborhoods, such as the Commercial C Core, LoDo, Golden W
E AV
STATE CAPITOL
CLEVELAND PL
P ST
TH
E
LY L
H 8T
• 87,000 square feet
ST
• 162,000 square feet and 150 room hotel CHERRY CREEK TRAIL
P
PL connections between Auraria and the campus’s surrounding W
• 146,000 square feet 15TH ST
15TH ST
study kicked off its examination of how to improve the existing L LE GY AR
• $45,000,000 project
16TH ST MALL
LN
42,097
• $60,000,000 project
64
• $50,000,000 project CO
TOTAL
• Completed August 2012 25
• Completed May 2013
AY DW OA BR
programmatic connections. In 2013, the Connecting Auraria
17TH ST • Under construction, scheduled for completion in August 2014
Community College of Denver Confluence
N
through improvements to physical, social, economic and W
18TH ST
LI
Program
A
University of Colorado Denver Academic Building One
ST
D
RA VE N
E
T
integrating the campus and Downtown Denver core VE N 32
E
19TH ST
ST
ST
32
17TH ST
18TH ST
AN
E AV
AN GR
historically disconnected from the rest of Downtown
SpringHill Suites Denver Downtown and Metropolitan State University Hotel and Hospitality Learning Center
19
TH
17
AN M ER
Colorado State Executive MBA
18TH ST
Denver and the Community College of Denver, had been Denver. The 2007 Downtown Area Plan called for fully
CURTIS ST
AV E
DR
ONT ROCKM
O
OS EC IV AS
QU
of Colorado Denver, Metropolitan State University of
19TH ST
LO
G N
19TH S T
The Auraria Higher Education Center, home to the University
E
E AV
SH
7,443
TH
of 2012, creating a consolidated space that can accommodate over 5,000 students daily.
ST
Community College of Denver
47
HI
LOOKING AHEAD: Enhancing Connections to Auraria
L TT
13,102
AV
T 20 20TH STof their Business School on 15th and Lawrence the University of Colorado Denver completed a $20,000,000 renovation Streets in the fall E
LI
University of Colorado Denver
H
AS W
21,520
FIELD
ST
Metropolitan State University
2
IA AN LV SY N N
Fall 2012 Enrollment
ST
W institutions located in other areas of Downtown Denver have added or enhanced their academic facilities over the past year. For example, E
G
Institution
60
PE
Schools in Downtown Denver
WEWATTA ST
ST
COORS student fees and otherINCprivate sources. In addition, numerous other21ST not-for-profit institutions of higher education and private, for-profit A ST 9T H
TH 34
GE SA
ST
W
ST
W
AV
AY DW OA BR
attend various trade and private for-profit institutions that have classroom space in Downtown Denver.
TH 36
UR $254,000,000 has been invested in new buildings at the Auraria Campus in the last year. All projects were funded through revenue, ON
E AV
CHESTNUT PL
W Over 42,000 students attend public not-for-profit institutions of higher education in Downtown Denver. In addition, over 13,000 students E
22ND ST
H
W
E AV
GLENARM PL
X FO
TH 37
WELTON ST
N
A Year of Investment at Auraria Campus
CALIFORNIA ST
ST
O
AV AJ
STUDENTS & UNIVERSITIES
TREMONT PL
PARK AVE
State of Downtown Denver // September 2013
TRANSPORTATION Downtown Denver serves as the transportation hub for the region, providing numerous transportation options for Downtown Denver residents, employees and visitors. Transportation options are only expanding with the addition of light and commuter rail lines, the installation of bike lanes, the expansion of Denver’s bike-sharing system and more car-sharing options. Having a variety of transportation options is important to members of the Millennial Generation, who are less likely to own a car. Millennials enjoy Denver’s bike share program, multiple car share programs, strong public transit system and walkable neighborhoods.
OVER
60%
TRANSIT,WALK, BIKE OR SHARE THE RIDE
• 13 miles of existing bike lanes, including new 15th Street bike lane
> 33,037 spaces in parking garages
• 5 miles of sharrows
> 10,268 spaces in lots
• 5.5 miles of trails
• The median rates for parking garages and surface parking lots year. The median daily max rates are $16.00 for parking garages and $8.00 for surface parking lots. The median monthly rates are
Carpool 5.6% Bike 4.3% Walk 3.8% Moped/Scooter/Motorcycle 1.8% Telework 0.8%
Drive Alone 38.7% Use Transit 44.6%
Transit
Denver Union Station is a unique and transformative development project that is already changing Downtown Denver. As
SPOTLIGHT: West Rail Line
• 6 light rail lines stop at 11 light rail stations in Downtown Denver.
• Opened April 26, 2013
• $707M capital cost
• Approximately 45,000 people boarded the 16th Street Mall shuttle
• First FasTracks line to open
• Expected Ridership
• 12.1 miles of light rail
> 19,300 – 2013
• 11 New Stations
> 29,700 – 2030
Car Sharing & Bike Sharing • 30 B-Cycle stations are located in Downtown Denver and over 125,000 bikes were checked out at these Downtown stations in 2012. • Downtown Denver is home to 50 car share vehicles with dedicated parking spaces operated by five different car share companies: car2go, eGo CarShare, Hertz 24/7, Occasional Car
rate information can be found at www.downtowndenver.com.
LOOKING AHEAD: Denver Union Station
• 57 RTD bus routes serve Downtown Denver.
per day in 2012.
• Parking rates vary widely by neighborhood. More detailed parking
Vanpool 0.5%
TO WORK
and Zipcar.
• There are 43,305 off-street parking spaces in Downtown Denver:
$177.50 for parking garages and $117.50 for surface parking lots.
DOWNTOWN DENVER
use
Bicycling
have remained relatively stable, with a slight increase in the past
How Do Downtown Denver Employees Get to Work?
of
EMPLOYEES
Automobiles
• 5,605 parking spaces
the future multi-modal transit hub of the Rocky Mountain region, the publicly funded Denver Union Station Infrastructure Redevelopment project is spurring significant private development around the transit center. While this multi-billion dollar project has been in the works for almost a decade, 2014 will mark the beginning of a series of official grand openings scheduled to occur over the next several years. • Denver Union Station Bus Complex is scheduled to open May 9, 2014. • 110-room boutique hotel in the renovated historic train station will open June 2014. • Over 22,000 square feet of new retail space added to the historic train station, including restaurant concepts by The Kitchen, Snooze and Chef Alex Seidel. • Public spaces will open throughout early 2014. • Eight private developments are under construction, investing approximately $400 million in the Central Platte Valley – Commons and Lower Downtown neighborhoods around Denver Union Station, with many more projects in the planning stages. • Three new commuter rail lines are scheduled to open in 2016, including the East Line to Denver International Airport.
{18}
Sources: Downtown Denver Partnership, City & County of Denver, Denver Bike Sharing , Denver Union Station Project Authority, and Regional Transportation District
{19}
State of Downtown Denver // September 2013
Environment Downtown Denver’s residents, employees, employers and visitors enjoy a healthy green environment and a culture of sustainability: • 152 acres of parks and open space in Downtown Denver • 51 Energy Star certified buildings in Downtown Denver • 39 LEED certified buildings in Downtown Denver • 2,075 trees located in the Business Improvement District • The Colorado Convention Center in Downtown Denver has the most innovative green initiatives in the country, according to a leading trade show magazine • The City of Denver is the only city in the U.S. to receive
certification to the ISO 14001:2004 standard by Lloyd’s Register Quality
Assurance, Inc. for the City’s Environmental Management System. This certification rewards Denver’s commitment to making City buildings, property and processes more sustainable.
Selected Parks In Downtown Denver PARK
ACRES
SPOTLIGHT: Downtown Denver Garden Block The Downtown Denver Garden Block is an oasis on the 16th
City of Cuernavaca Park
29.1
Street Mall bringing a unique environment to the block
Commons Park
19.7
between Champa and Curtis Streets. Installations of various
Gates Crescent Park
14.2
Civic Center Park
12.5
Street Mall, giving Downtown Denver visitors, residents and
Centennial Park
6.6
workers a beautiful place to eat, meet, linger and enjoy the
Fishback Park
4.0
Speer Blvd Park
3.5
Skyline Park
3.2
Confluence Park
2.9
DCPA Sculpture Park
2.5
Denver Skate Park
2.4
Confluence East Park
1.3
Creekfront Park
1.0
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small gardens, representative of those featured at the Denver Botanic Gardens, create a pocket park on the 16th
urban landscape.
Sources: Sources: Downtown Denver Partnership, City of Denver, CoStar, Colorado Convention Center
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State of Downtown Denver // September 2013
State of Downtown Denver // September 2013
Tourism
Downtown Denver Total Hotel Room Nights
When visitors come to Denver for business or pleasure, they
2,000,000 are likely to spend time in Downtown Denver. Six of the top ten 1,800,000 attractions for Metro Denver visitors are located in Downtown 1,600,000 1,400,000 Denver, and the 16th Street Mall remains the top visitor 1,200,000 destination. The award-winning Colorado Convention Center 1,000,000 hosted 915,000 visitors in 2012. 800,000 Downtown Denver is home to 24 hotels with over 8,850 hotel 600,000 400,000 rooms. This represents almost 20% of the hotel rooms in the entire 400,000 ten-county Metro Denver region. Demand for Downtown Denver 0 hotel rooms remains high, with hotels enjoying rising occupancy and room rates. Three hotel projects are under construction and
1,753,271
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
one hotel project is proposed. When completed, these four projects
Downtown Denver Hotel Market Occupancy Percentage
Colorado Crossroads Volleyball Tournament
11,000
National Council of Teachers of Mathematics
11,000
American College of Emergency Physicians
9,500
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Doors Open Denver
April
performance spaces, including an opera house, concert hall and
Cinco de Mayo Festival
May
various theatres. The region’s premier museums are located
Denver Comic Con
in Downtown Denver. The Denver Art Museum, Clyfford Still
Denver Cruiser Ride
May-September
Museum, Denver Museum of Contemporary Art and the History
Denver Day of Rock
May
Colorado Center provide a variety of permanent and temporary
Denver Derby Party
May
exhibits for Denver visitors and residents to enjoy.
Downtown Denver Arts Festival
May
Kaiser Permanente Colfax Marathon
May
Capitol Hill People’s Fair
June
Cherry Blossom Festival
June
and Elitch Gardens Theme and Water Park.
Civic Center EATS
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
May-June
June-September June
Sports fans of all kinds can attend over 200 games played annually
Denver Chalk Art Festival
June
at Denver’s major sports venues located in and adjacent to
Denver PrideFest
June
Downtown Denver at The Pepsi Center, Coors Field, and Sports
InnovAge Moonlight Classic
June
Authority Field at Mile High. Downtown Denver also hosts the
Make Music Denver
June
final stage of the USA Pro-Cycling Challenge and many other
Independence Eve at Civic Center
July
professional and amateur sporting events.
Southwest Movies at Skyline Park
July-August
Facility
Denver Performing Arts Complex
Pepsi Center
Sources: Visit Denver, Downtown Denver Partnership, Rocky Mountain Lodging Report 2000-2012
March
Denver Bike to Work Day
Museum of Contemporary Art
2011
11,500
2010
Heart Rhythm Society
is the nation’s second-largest performing arts complex with 10
Elitch Gardens Theme and Water Park
2009
12,000
2008
American Water Works Association
Denver St. Patrick’s Day Parade
Denver Public Library - Central
2007
15,000
$153.50
2006
International Association of Fire Chiefs
Denver is the place to be. The Denver Performing Arts Complex
Denver Art Museum
$170.00 $160.00 $150.00 $140.00 $130.00 $120.00 $110.00 $100.00 $90.00 $80.00 2005
17,000
January
Coors Field
Downtown Denver Average Room Rate
2004
American Institute of Architects
National Western Stock Show Parade
Children’s Museum of Denver
2003
19,000
museums and sports venues. From opera to football, Downtown
A Taste of Colorado
2002
SnowSports Industries America
January
Underground Music Showcase
2001
Attendance
Dr. Martin Luther King, Jr. Marade
visiting the Downtown Aquarium, the Children’s Museum of Denver
73.4%
2000
Convention
Downtown Denver is home to a variety of cultural institutions,
to family-friendly exhibits at the many museums, families love
76% 74% 72% 70% 68% 66% 64% 62% 60% 58% 56%
Major Conventions at the Colorado Convention Center August 2012-July 2013
Sample Downtown Events
Families have many reasons to visit Downtown Denver. In addition
2012
will add another 850 rooms to Downtown’s hotel market.
CULTURE, ENTERTAINMENT, SPORTS & EVENTS
2012 Attendance 348,459 2,630,458 589,296 1,236,811 949,429 1,100,000 42,426 2,000,000
Sports Authority Field at Mile High
840,000
U.S. Mint
42,007
Source: Visit Denver, Downtown Denver Partnership
July August
Komen Race for the Cure
September
USA Pro Cycling Challenge
September
Columbus Day Parade
October
Denver Zombie Crawl
October
Gorilla Run
October
Great American Beer Festival
October
Oktoberfest October Rock n’ Roll Marathon Denver Christkindl Market Grand Illumination Southwest Rink at Skyline Park
October November-December November November-February
Starz Denver Film Festival
November
9News Parade of Lights
December
New Year’s Eve Fireworks
December
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Downtown Denver Inc. Board of Directors 2013-2014
Ralph Pace, US Bank
Michael Glade, Molson-Coors Brewing Company
Ray Pittman, CB Richard Ellis
Jerry Glick, Columbia Group Limited, LLLP
Walter Isenberg, Sage Hospitality - Chairman
Susan Powers, Urban Ventures LLC
Tom Gougeon, Gates Family Foundation
Rob Cohen, IMA Financial Group, Inc. - Vice Chair
Gary Reiff, Black Creek Group
Beth Gruitch, Rioja
Trinidad Rodriguez, D.A. Davidson & Co. - Treasurer
Jon Robinson, UMB
Ismael Guerrero, Denver Housing Authority
Ralph Pace, US Bank - Secretary
Maja Rosenquist, Mortenson Construction
Randy Hammond, JPMorgan Chase
Jim Basey, Centennial Bank
Kathy Seidel, Northern Trust Bank of Colorado
Amy Hansen, Otten Johnson Robinson Neff & Ragonetti
Mike Bearup, KPMG LLP
David Shapiro, DaVita Inc.
Rus Heise
Scott Bemis, Denver Business Journal
John Shaw, McWhinney
Doug Hock, Encana
Molly Broeren, Molly’s of Denver
Charlita Shelton, University of the Rockies
Don Hunt, Colorado Department of Transportation
Kristin Bronson, Rothgerber Johnson & Lyons LLP
Marc Spritzer, CoBiz Financial
Jennifer Johnson
Brad Buchanan, RNL Design
George Thorn, Mile High Development
Jim Johnson, JG Johnson Architects
Chad Calvert, Noble Energy
Deborah Wapensky, Vectra Bank Colorado
Stephen Jordan, Metropolitan State University of Denver
Chris Castilian, Anadarko Petroleum Corporation
Travis Webb, BKD CPAs & Advisors
Brian Klipp, klipp - a division of gkworks
Stephen Clark, S. B. Clark Companies
Tracy Winchester, Five Points Business District
Greg Leonard, Grand Hyatt
Mark Cornetta, 9News
David Wollard
Roland Lyon, Kaiser Foundation Health Plan of Colorado
Dana Crawford, Urban Neighborhoods, Inc.
John Yarberry, Wells Fargo
Evan Makovsky, NAI Shames Makovsky
Andre Durand, Ping Identity
Mike Zoellner, RedPeak Properties
Gene Myers, New Town Builders
David Eves, Public Service Company, an Xcel Energy Company Cole Finegan, Hogan Lovells US LLP
Denver Civic Ventures Board of Directors 2013-2014
Cindy Parsons, Comcast Bill Pruter, The Nichols Partnership Sarah Rockwell, Kaplan Kirsch Rockwell LLP
Bob Flynn, Crestone Partners, LLC
Joe Vostrejs, Larimer Associates, Chairman
Mark Goodman, Boyer’s Coffee
Bill Mosher, Trammell Crow Company, Vice Chair
Ken Schroeppel, University of Colorado Denver - College of Architecture & Planning
Jim Greiner, iTriage, LLC
Trinidad Rodriguez, D.A. Davidson & Co., Treasurer
Tim Schultz, Boettcher Foundation
Tom Grimshaw, Spencer Fane & Grimshaw, LLP
Meg VanderLaan, MWH Global, Inc., Secretary
Chip Schweiger, Grant Thornton
Lisa Halbleib, Century Link
Bruce Alexander, Vectra Bank Colorado
Glen Sibley, Fleisher Smyth Brokaw
Todd Hartman, Callahan Capital Partners
Sueann Ambron, Univ of Colo Denver - Business School
Mark Sidell, Gart Properties
Michael Hobbs, Guaranty Bank and Trust Company
Holly Barrett, LoDo District, Inc.
David Sternberg, Brookfield Office Properties
Kathy Holmes, Holmes Consulting Group
Ray Bellucci, TIAA-CREF
Jean Townsend, Coley Forrest, Inc.
Bruce James, Brownstein Hyatt Farber Schreck
Ferd Belz, L.C. Fulenwider, Inc.
David Tryba, Tryba Architects
Steve Katich, J.E. Dunn Construction Co.
Peter Bowes, Bowes and Company
Elbra, Wedgeworth, Denver Health
David Kenney, The Kenney Group
Marvin Buckels
Wendy Williams, Vector Property Services, LLC
Pete Khanna, TrackVia, Inc.
Frank Cannon, Union Station Neighborhood Company
Dick Kirk, Richard A. Kirk & Associates
Dee Chirafisi, Kentwood City Properties
Downtown Denver Business Improvement District Board
Gail Klapper, The Klapper Firm
Cheryl Cohen-Vader, Stapleton Development Corporation
Ed Blair, Embassy Suites Denver, Chair
Kim Koehn, K2 Ventures, LLC
Gene Commander, Polsinelli
Josh Fine, Focus Property Group, Vice Chair
Mike Komppa, Corum Real Estate Group
Gary Desmond, NAC Architecture
Josh Comfort, Real Estate Development Services, Treasurer
Tom Lee, Newmark Grubb Knight Frank
Kelly Dunkin, The Colorado Health Foundation
Susan Cantwell, The Gart Companies, Secretary
Laura Love, Groundfloor Media
Taryn Edwards, Saunders Construction Co.
Dan May, Renal Ventures
Greg Feasel, Colorado Rockies Baseball Club
John Moye, Moye White
Patty Fontneau, Connect for Health Colorado
Will Nicholson, Rocky Mountain BankCard Systems, Inc.
Mac Freeman, Denver Broncos
Dorit Fischer, NAI Shames Makovsky Kevin McCabe, Newmark Grubb Knight Frank Myra Napoli, Brookfield Office Properties
DDP Staff Contributors / Editors The State of Downtown Denver report is created by the Downtown Denver Partnership Research Department. Staff contributors and editors include: Emily Brett, Aylene McCallum, John Desmond, Jim Kirchheimer, Brian Phetteplace, Bonnie Gross, Ryan Sotirakis, Aneka Patel, Susan Rogers-Kark, Beth Warren, Amanda Jimenez and Tami Door.
Information Sources American College of Sports Medicine, American Forests, Auraria Higher Education Center, Brookings, Business Journals, Businessweek.com, CardHub, Central Connecticut State University, City of Denver, Claritas, CleanEdge, Colorado Convention Center, Colorado State University , Community College of Denver, CoStar, Denver Business Journal, Denver Infill, Denver Metro Apartment Vacancy and Rent Survey, Denver Post, Denver Union Station Project Authority, Downtown Denver Partnership, Entrepreneur Magazine, Forbes, Gallup, Kiplinger’s, LedgerLink, Longitudinal Employment Household Dynamics, Metro Denver Economic Development Corporation, Metro State University Denver, NerdWallet, Newmark Grubb Knight Frank, Quarterly Census of Employment and Wages, Regional Transportation District, Rigzone, Rocky Mountain Lodging Report 2000-2012, Travel + Leisure, U.S. Census Bureau, Under30CEO, University of Colorado Denver, Visit Denver, www.walkscore.com
Graphic Design Pure Brand Communications For errata Please visit www.downtowndenver.com