Nearly 13,000 residential units added to Denver's center neighborhoods

Over the last five years, 12,933 residential units have been completed or are under construction in downtown Denver, according to the Downtown Denver Partnership’s first Center City Neighborhood Residential Development Map and Profiles report.

The report supports the Downtown Denver Partnership’s commitment outlined in the 2007 Downtown Area Plan to add 18,000 housing units to center city neighborhoods by 2027.

The report also found that 72,767 residents now call downtown Denver’s center city neighborhoods home. Fifteen center city neighborhoods were included in the report, with residential development occurring at 98 projects across 13 of the neighborhoods since 2011.

"The explosion of population growth in the center city, where some neighborhoods have grown by more than 30 percent since 2010, is a testament to our collective progress towards building an economically healthy, growing and vital downtown," says Tami Door, president and CEO of the Downtown Denver Partnership. "Residential development projects and access to high-quality amenities and multi-modal transportation options are critical components of attracting downtown’s next generation workforce who continue to place downtown living in high demand."

Other highlights of the report include:

• Residential population in the center city has increased 15 percent since 2011
• 2015 is the most active year in residential development since 2011, with 29 projects completed or under construction
• There are currently 6,165 residential units under construction in the center city
• 95.9 percent of the units completed or under construction since 2011 are rental units
• Capitol Hill has the highest population (16,468) within center city neighborhoods, while the Ballpark and Central Platte Valley neighborhoods have both experienced the largest percentage in population growth since 2010 (31 percent).
• The Central Platte Valley neighborhood, bolstered by the re-development of Denver Union Station, has also seen the largest increase in residential units added or under construction since 2011 (3,808).

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