Love Your Hood

New Development

A look back at 2019: Big multifamily sales, “opportunity zones,” and lots of development

Source: Andrew Dodson of the Denver Business Journal A lot happened in 2019 for the Denver real estate market. Here are a few highlights. Opportunity Zone Projects Investors and developers invested around $1 billion in opportunity zones, a plan known as a “once in a lifetime federal economic development program” that allows investors to defer[...]

Rezoning deal could make way for new skyscrapers on Denver’s Sherman Street if developers agree to build affordable housing

Source: Joe Rubino of the Denver Post Three lots on Sherman Street, east of downtown, may be getting a makeover soon! The Dikeous family, who owns the lots, is lobbying the city to rezone to allow building over 155 feet, the current view plane restriction. The Dikeous family would agree to more than half a million dollars in sidewalk and street r[...]

“There’s speculators buying up houses:” Denver’s East Colfax braces for transit, density and displacement

Source: Andrew Kenney of the Denver Post Denver government and development reporter Andrew Kenney believes, "East Colfax is the next frontier.” From small-scale home-flippers, to development firms, to the City of Denver, investors have big plans for this neighborhood. The danger, as it always is with development, is displacement. Can the City o[...]