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Originally Posted by gopokes21
I think that you VASTLY underestimate the sheer volume of parking lots and otherwise empty lots throughout the inner core, still.
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Now go show me on Redfin or Loopnet how many are for sale? Show me which ones are prices sensibly for redevelopment by anything by a large national builder with deep pockets makes sense. Many large projects in the center core have replaced many of the parking spots, which is great, but they are mostly for rent (doing nothing to solve our K shaped recovery) and take years of planning and effort, with many changing hands multiple times over decades before something happening. Our only large condo project on the horizon (18th/Glenarm/Broadway) is at least 2 years into the process and still no groundbreaking. You make it sound as though developers are actively avoiding parking lots in order to scrape Victorians. Believe me, they want the easiest, fastest, and cheapest path forward. Tell the Dikeous to sell their blighted lots and not bother going through a multi-year hostile public process to upzone them.
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This might be a shock to you, but you can already totally redevelop those properties. That's widely understood.
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I was talking about redeveloping SFHs into multi-family for sale housing, not McMansions. The limited areas with MU zoning are being redeveloped, yes, but we end up with EIFS clad $600K slot home townhomes because people are desperate to buy anything. If there was more redevelopment opportunity, land prices can stabilize, and developers will quickly learn that their products will actually have to look great to sell. Upzoning all of Denver will actually give you all what you want. Preservation of the nicest historic homes, better architecture for new-builds, gentle density, less parking lots, and more transit riders.