Sunday, November 06, 2005

Downtown Denver 3rd Quarter Housing Market Update

This information is from the Downtown Denver Partnership 2005

 

Housing Market Breakdown

Downtown’s core has 9,000 residents, with a total of 83,000 in center city area (2-mile radius).

Completed projects in 2005 include 2500 Walnut Lofts, Kerouac Lofts, The Diamond at Prospect, Brownstones at

Riverfront Park, and Monarch Mills.

Projects under construction include the Museum Residences (13

th

& Broadway) 58 market-rate for sale units, and Glass

House (1700 Bassett) 389 for-sale units.

There is a total of 6,171 units in Downtown. Fifty-four percent of these units are for rent.

There are 1,083 units currently under construction, which is close to the high of 2,200 units in 2003. Forty-six percent of

these are rental units. There are over 2,500 units planned in the next 18 months.

 

Tony Cline

Cliffdwellers.net Real Estate

303-292-LOFT (5638)

www.cliffdwellers.net

 

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