Denver officials are calling on big ideas to revitalize downtown. Well here's one: a ski gondola transit system.
25.03.2025 18:26 β π 4 π 0 π¬ 2 π 1@bberdychowski.bsky.social
Covering all things business in Denver.
Denver officials are calling on big ideas to revitalize downtown. Well here's one: a ski gondola transit system.
25.03.2025 18:26 β π 4 π 0 π¬ 2 π 1Grocery workers in Denver went on strike today. And union leaders hope to hit Colorado's Kroger chain where it hurts: their profits on Super Bowl weekend
07.02.2025 00:33 β π 0 π 0 π¬ 0 π 0Last time rents dropped in Denver annually was after the dotcom and housing bubbles popped. But there's no recession we know of now, so what's going on?
In short: LOTS of new apartments.
This was meant to be the year 16th Street Mall ushered in a new era. Instead, 2025 has already been clouded by a senseless tragedy
14.01.2025 17:46 β π 0 π 0 π¬ 0 π 0Alert alert! A romance bookstore is opening in Denver VERY soon, marking the first of this retail trend in Colorado
08.01.2025 22:14 β π 0 π 0 π¬ 0 π 0*But before you rush to book that flight, be wary that Rome is expecting huge crowds of tourists β much more than usual β in 2025 due to the Vatican's Jubilee π
19.12.2024 22:03 β π 0 π 0 π¬ 0 π 0Ciao Denver! Nonstop flights to Rome are coming soon!
19.12.2024 21:59 β π 0 π 0 π¬ 1 π 0There's a torrent of news about the mega-grocery merger between Albertsons and Kroger over the last 24 hours, but Colorado is still waiting on a ruling from a Denver judge. The state's attorney general isn't lowering his guard though and he's hoping his lawsuit will put another nail in the coffin
11.12.2024 20:55 β π 0 π 0 π¬ 0 π 0There's a major study happening in downtown to guide Denver's leaders for the next 20 years. So far, consultants on the project named five key areas to pay specific attention to:
05.12.2024 17:55 β π 0 π 0 π¬ 0 π 0Globally-renowned architects at Studio Gang had the "eureka" idea to flip Denver's Greek Theater. But their current plan to do so may irreversibly damage some of this national landmark's historical features, several experts warned the city.
My latest deep dive:
Here's a bright spot! Cafe Momentum is a restaurant that gives formerly incarcerated teens an opportunity to gain culinary & hospitality experience through paid internships.
And it's coming to Denver next
Big news about DirectTV's major deal to buy Dish Network, one of the largest companies based in the Denver region
22.11.2024 16:13 β π 1 π 0 π¬ 1 π 0Thanks to anyone who reads my first thread on here that I spent way too much time on when I only have 3 followers
Yall are real ones π«‘
Thanks to anyone who reads my first thread on here that I spent way too much time on when I only have 3 followers
Yall are real ones π«‘
City and business leaders have repeatedly said Denver is at a crossroads since the pandemic. These economic corridors are prime examples of that.
It's important more than ever to follow these tax districts/authorities, because that's where many critical hyperlocal decisions will be made
How that money will be spent is still under consideration, but I'll be covering that too once it goes before City Council in December
21.11.2024 19:20 β π 0 π 0 π¬ 1 π 0The area around Union Station is performing better than other parts of downtown and the mayor wants it to be a model for the rest of the city core.
The expansion would include areas hit hard by empty office buildings, and generate more than $500 million for projects between 2025 and 2038.
The DDDA already exists, but only around Denver's Union Station since it was created to support a major restoration project in 2014.
Now that the transit hubs federal loans are nearly paid off, it ceases to have a purpose. Well, until now.
DDDA stands for Denver Downtown Development Authority, which is a TIF (yay, more letters!)
Tax Increment Financing is a tool public governments use to fund development and use additional taxes generated from it to fund more projects.
Success begets more success is the thinking
But there's momentum under a new mayor who's made it one of his top priorities to revitalize downtown (and it's no easy task)
His first major initiative: expanding the DDDA.
Then there's downtown Denver.
Office vacancies are high. Property valuations are plummeting. 16th Street Mall's construction has been hard on its businesses.
RiNo's BID was created in the early days of the neighborhood's development boom, but some founding members have concerns with its renewal saying the BID served its function.
It also comes as property owners are looking for relief due to ballooning costs with inflation and interest rates
Ballpark took inspiration from neighboring RiNo's Business Improvement District, which taxes only commercial properties (or BID).
But the term for RiNo's BID is almost up and its board just voted yesterday to renew it for another 10 years ... despite some pushback.
The money would fund safety ambassadors to support businesses in this popular nightlife hotspot who need help deescalating situations.
It would also fund projects to beautify the area and market Ballpark as a family-friendly destination for game days.
Leaders across Ballpark, where Coors Field is, recently moved to create a General Improvement District (GID) to tax residential and commercial properties as they struggle with crime and rising homelessness β and don't want to solely rely on the city to address their issues
21.11.2024 19:20 β π 0 π 0 π¬ 1 π 0Many of Denver's business corridors β including downtown and RiNO β are at major cruxes due to the pandemic, which drove inflation up and office workers out.
21.11.2024 19:20 β π 0 π 0 π¬ 1 π 0Hi Bluesky! I'm Bernadette and cover all things business/economy in Denver. Lately, I've been covering plenty of organizations supporting some of the city's main business corridors, from BIDS to GIDS to DDDAs.
Yaaaa, it's alphabet soup over here ... π‘
But let me explain why it matters