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Development News

East Colfax gets Business Improvement District


East Colfax officially has a business improvement district now that property and business owners in the area voted for annual assessment to fund economic development, public improvements, safety and advocacy activities.

The Fax-Mayfair Business Improvement District also was awarded a $150,000 grant from the Denver Office of Economic Development to offset startup costs and fund a streetscape master plan for the district.

"It's all about making this section of Colfax a thriving area for both consumers and businesses," says Jamie Harris, president of the board and owner of the Mayfair Center at 14th and Krameria Street. "The Fax Partnership really laid the groundwork for where we are today."

In the mid-1980s, business leaders organized Colfax United to clean up the street and improve its image, but the area continued to decline and a group of concerned residents and business owners formed the Fax Partnership in 2004, which secured city funding for business support programs, marketing and other initiatives.

The Fax-Mayfair BID includes about 200 businesses from Elm Street to Monaco Parkway, including the Mayfair Town Center between Colfax and 14th, Kearney and Leyden. It's possible other areas eventually will be included in the service boundaries.

Contact Confluence Denver Development News Editor Margaret Jackson with tips and leads for future stories at margaret@confluence-denver.com.

Read more articles by Margaret Jackson.

Margaret is a veteran Denver real estate reporter and can be contacted here.
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