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  #5901  
Old Posted Jun 3, 2019, 3:31 PM
SirLucasTheGreat SirLucasTheGreat is offline
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This is a fairly significant (20 buildings) development that broke ground in Green Valley Ranch a couple miles from the 61st and Pena station that will signal lots of infill in this area.https://crej.com/news/work-starts-on...g-development/
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  #5902  
Old Posted Jun 4, 2019, 6:23 AM
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Originally Posted by SirLucasTheGreat View Post
This is a fairly significant (20 buildings) development that broke ground in Green Valley Ranch a couple miles from the 61st and Pena station that will signal lots of infill in this area.https://crej.com/news/work-starts-on...g-development/
Good to see activity, especially retail in GVR plus the Aerotropolis is starting to percolate also.

Sign of the times?

https://denverite.com/2019/06/03/den...slower-growth/
Quote:
The city’s sales tax collections are way down compared to last year.

People are still buying stuff, just not at the same clip. In the first quarter of 2019, sales tax income grew at a rate of 2.6 percent, compared to more than 8 percent over the same period last year, according to the city’s budget office. Officials had forecasted 5.5 percent growth.
How much does sales tax add to city coffers?
Quote:
In 2018, the city pulled in $692 million in sales tax revenue over the course of the year.
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  #5903  
Old Posted Jun 4, 2019, 6:53 AM
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TakeFive TakeFive is offline
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Originally Posted by Sam Hill View Post
Interesting article:

It features one of the NIMBY mailers I received from Wayne New's campaign:
I mailed in my ten ballots; how about you?


Mountain States City Scoop: Construction Starts in Denver
Tony Milo, Executive Director - Colorado Contractors Association

https://www.enr.com/articles/46695-m...arts-in-denver
Quote:
“The civil construction outlook for the Denver area continues to be fairly strong. While a slight cooling off is expected in the red-hot housing and private development sectors, activity is likely to remain robust. This has been the strongest area for construction over the last decade, and it’s likely to continue through 2019,” Milo says.
Any thoughts for tomorrow?
Quote:
“The big question mark for the remainder of 2019 and into 2020 is the impact that new laws passed this year will have on the economy, including SB 181, which affects the energy industry, and other laws affecting the way employers run their businesses, such as the Family and Medical Leave Act.”
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  #5904  
Old Posted Jun 5, 2019, 2:02 AM
SirLucasTheGreat SirLucasTheGreat is offline
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I am concerned about Candi Cdebaca and the trend toward socialism in not only in the city but also the country. Socialism has become a fashionable but poorly articulated political ideology in the minds of many younger voters nowadays. I have not heard many people who support modern American socialist politicians articulate many reasonable thoughts on how capitalism or socialism influences problems we face today.
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  #5905  
Old Posted Jun 5, 2019, 2:36 AM
twister244 twister244 is online now
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Interesting to see the results trickling in. It's not super close, but I am cautiously optimistic Hancock will win this one out. My district (1) looks to go solidly to Amanda, but Mike wasn't a good candidate, so not surprised there. The 302 looks like it will pass with a huge majority like the camping band did. I voted in favor of that one.....

Nothing too surprising from my end yet. I haven't been following other districts closely enough to know if there are shockers there.
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  #5906  
Old Posted Jun 5, 2019, 2:56 AM
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NIMBY's winning

Given the ease of Hancock's win I would have hoped his coattails would have helped Albus Brooks but it's looking like Candi CdeBaca will prevail although still close. Mild NIMBY at least compared to Albus and more of a 'socialist'?

NIMBY Amanda Sawyer defeats incumbent Mary Beth Susman.

Chris Hinds adds to lead over Wayne New. Despite Wayne's get-out-the-vote fliers, this is merely one YIMBY replacing another.
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  #5907  
Old Posted Jun 5, 2019, 7:20 AM
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Originally Posted by SirLucasTheGreat View Post
I am concerned about Candi Cdebaca and the trend toward socialism in not only in the city but also the country. Socialism has become a fashionable but poorly articulated political ideology in the minds of many younger voters nowadays. I have not heard many people who support modern American socialist politicians articulate many reasonable thoughts on how capitalism or socialism influences problems we face today.
As much as I was rooting for Albus Brooks and would like to thank him for his service I believe Candi Cdebaca's heart is in a good place especially for those she will serve. I wouldn't anticipate much change overall.

It's at the state level that is more of a concern.

https://www.bizjournals.com/denver/n..._news_headline
Quote:
Gov. Jared Polis signed 454 bills into law during and after his first legislative session occupying Colorado’s top elected office, and he vetoed five measures — three of which he said put undue regulatory burdens on specific professions...

the Democratic governor declined to reject several measures that the business community said would put undue regulatory burdens on companies and lead to slowing of growth and of further investment in existing facilities.
On the surface there's nothing wrong with trying to make the world a better place. But with 454 bills passed, what could possibly go wrong? Let's go through them one by one... (hehe).

One of Colorado's strengths in being considered a business-friendly state has been to create an environment where small business thrived. Visualize a free market flowing with creativity and ingenuity. This is what Hickenlooper wanted. Conversely when you start heaping more and more responsibility and added costs onto small and medium size businesses you can stifle what makes for economic vibrancy. Too often things that sound good are no more than disguised ways of protecting the turf of special interests. This can dissuade and suppress opportunities for creative and entrepreneurial types. It can potentially discourage some from choosing Colorado to expand - although you may not even be aware of it other than you won't make people's short list as often. It might be a couple of particularly onerous requirements or it might just be "death by a thousand cuts."
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Last edited by TakeFive; Jun 5, 2019 at 7:30 AM.
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  #5908  
Old Posted Jun 5, 2019, 2:03 PM
Robert.hampton Robert.hampton is offline
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Originally Posted by TakeFive View Post
NIMBY's winning

Given the ease of Hancock's win I would have hoped his coattails would have helped Albus Brooks but it's looking like Candi CdeBaca will prevail although still close. Mild NIMBY at least compared to Albus and more of a 'socialist'?

NIMBY Amanda Sawyer defeats incumbent Mary Beth Susman.

Chris Hinds adds to lead over Wayne New. Despite Wayne's get-out-the-vote fliers, this is merely one YIMBY replacing another.
Really a shame about Mary Beth Susman........Amanda Sawyer moves to Denver three years ago, and suddenly the city is 'full'? What a hypocrite. It looks like most of her endorsements were from the fellow wealthy, white stay-at-home-mom crowd.
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  #5909  
Old Posted Jun 5, 2019, 2:15 PM
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So the "Devil we Know" gets another term! Mayor Hancock should feel fortunate with having faced a remarkably weak slate of opponents. The <40 % first round results shows that people were very open to an alternative, but the alternative offered was weak as hell.

Jaime "I don't know what the NCAAP" is Giellis ran an incompetent campaign. She was practically incoherent at the debates and to not know what the NCAAP stands for is idiocy for any person seeking to be a mayor of a major American city (not to mention her Chinatown tweets, lol). Also, her comments about wanting to repeal the camping ban were political malpractice with an electorate that opposed the repeal by 80% to 20% margins.

I have to wonder if other prominent Denver democrats who passed on making a run this time are having regrets today?

As far as the council races go, hard to judge what the changes will mean in substance. The defeat of Wayne New was impressive by Chris Hinds. In a district that includes both Cap Hill and Cherry Creek, chalk up a win for Cap Hill and its values of urbanity and dense development over Cherry Creek's more exclusionary approach to development (though Cherry Creek is a model of inclusiveness as compared to certain other Denver neighborhoods!). (I have to wonder whether late breaking news bout New's "Dixiecrat" days made an impact).

With Hancock term-limited, the NEXT election will be very interesting. I suspect we will see lots of well known players entering the race the next time.
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  #5910  
Old Posted Jun 5, 2019, 2:15 PM
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Originally Posted by TakeFive View Post
As much as I was rooting for Albus Brooks and would like to thank him for his service I believe Candi Cdebaca's heart is in a good place especially for those she will serve. I wouldn't anticipate much change overall.

It's at the state level that is more of a concern.

https://www.bizjournals.com/denver/n..._news_headline

On the surface there's nothing wrong with trying to make the world a better place. But with 454 bills passed, what could possibly go wrong? Let's go through them one by one... (hehe).

One of Colorado's strengths in being considered a business-friendly state has been to create an environment where small business thrived. Visualize a free market flowing with creativity and ingenuity. This is what Hickenlooper wanted. Conversely when you start heaping more and more responsibility and added costs onto small and medium size businesses you can stifle what makes for economic vibrancy. Too often things that sound good are no more than disguised ways of protecting the turf of special interests. This can dissuade and suppress opportunities for creative and entrepreneurial types. It can potentially discourage some from choosing Colorado to expand - although you may not even be aware of it other than you won't make people's short list as often. It might be a couple of particularly onerous requirements or it might just be "death by a thousand cuts."
Agreed! There's a fine line between too much regulation and not enough. I thought Hickenlooper understood fairly well where that line was.
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  #5911  
Old Posted Jun 5, 2019, 2:32 PM
Agent Orange Agent Orange is offline
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I didn’t follow every district race, but the fact that we lost our two most development-positive, economically literate councilpersons, Brooks and Susman, is a severe blow, IMO. I find it disheartening yet illuminating that two winning challengers last night are representative of the dual anti-growth factions swelling in Denver: intersectional, social activist, anti-market types represented CdeBaca and rich, white, coastal transplant NIMBYs represented by Sawyer. These two groups together seem destined to ensure the Boulderization of Denver.

I’m concerned for my city.
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  #5912  
Old Posted Jun 5, 2019, 2:55 PM
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Originally Posted by Agent Orange View Post
I didn’t follow every district race, but the fact that we lost our two most development-positive, economically literate councilpersons, Brooks and Susman, is a severe blow, IMO. I find it disheartening yet illuminating that two winning challengers last night are representative of the dual anti-growth factions swelling in Denver: intersectional, social activist, anti-market types represented CdeBaca and rich, white, coastal transplant NIMBYs represented by Sawyer. These two groups together seem destined to ensure the Boulderization of Denver.

I’m concerned for my city.
That's why a strong mayor style governance is nice to have: Sawyer's district is probably a lost cause for the next four years, but CdeBaca's has enough development potential that she'll probably have a lot of end-run happening around here via the Mayor's office to ensure that steady development continues. But she'll certainly ensure that Elyria Swansea and Globeville get a ton more focus that they have in the past. I expect a lot of goodies to hit those neighborhoods and a lot teeth gnashing as gentrification really starts to hit the area.

Hind's victory is probably the most assuring. He's certainly a YIMBY- probably the most extreme YIMBY on the Council and will push hard for density, transit, and accessibility throughout the city.
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  #5913  
Old Posted Jun 5, 2019, 2:58 PM
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CherryCreek CherryCreek is offline
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Quote:
Originally Posted by TakeFive View Post
As much as I was rooting for Albus Brooks and would like to thank him for his service I believe Candi Cdebaca's heart is in a good place especially for those she will serve. I wouldn't anticipate much change overall.

It's at the state level that is more of a concern.

https://www.bizjournals.com/denver/n..._news_headline

On the surface there's nothing wrong with trying to make the world a better place. But with 454 bills passed, what could possibly go wrong? Let's go through them one by one... (hehe).

One of Colorado's strengths in being considered a business-friendly state has been to create an environment where small business thrived. Visualize a free market flowing with creativity and ingenuity. This is what Hickenlooper wanted. Conversely when you start heaping more and more responsibility and added costs onto small and medium size businesses you can stifle what makes for economic vibrancy. Too often things that sound good are no more than disguised ways of protecting the turf of special interests. This can dissuade and suppress opportunities for creative and entrepreneurial types. It can potentially discourage some from choosing Colorado to expand - although you may not even be aware of it other than you won't make people's short list as often. It might be a couple of particularly onerous requirements or it might just be "death by a thousand cuts."

The "S" word has been in the news a lot recently, though its clear to me that there's not necessarily any real agreement on what it means, generically or in the context of America in 2019.

There's a tendency on the right to call any sort of government action that is aimed at protecting consumers, workers or the disadvantaged as "socialism", as if the Bolsheviks were at the gates ready to crown an American Stalin.

History swings, to and fro, and to many young people (and others), "business" has had the upper hand for decades to the detriment of the little guy. The American legacy of each generation improving economically over the prior generation seems to have died. The sharply rising wealth inequality and the emergence of the "mega corporations" with valuations that exceed the GDP of many of the world's countries seems like a throw back to the days of Morgan, Carnegie, Mellon, and Rockefeller.


Although this may not be your meaning, "good for business" can sometimes be short hand for gutting environmental regulations, ignoring global warming, designing the tax code to promote ever greater concentration of wealth in the 1 %, ripping additional holes in what is already the Western world's weakest safety net, empowering corporate money to "influence" elections, and rigging a voting system so that even majorities of people can't stop any of the foregoing.

Implicit in all of the "good for business" ratings is an assumption that's what's good for business, is always good for America. That assumption governed America in the late 19th Century and early 20th century until it became obvious that "business" doesn't always have the best interest of the country in mind and that government was a needed counterweight to regulate, control and limit the power of "business." That was true in 1919 and it's true in 2019.

Whether the particulars of this year's legislation are a net positive or a net negative, can be debated. But yea, the "S" word is losing its negative connotation to many people because of casual misuse. For many progressives, the response to claims that progressive policies are "socialism" will be "fine, then I'm a socialist."
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  #5914  
Old Posted Jun 5, 2019, 3:24 PM
SirLucasTheGreat SirLucasTheGreat is offline
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Socialism is a term that is used far too loosely on the right and on the left. My concern is that I have encountered many people that are my age (29) who fundamentally distrust the idea of free enterprise and private property. These are people that I often find inspired by the Candi Debaca types. They will post supportive memes about communism as though the 20th century never happened. My hope is that we can maintain a more nuanced and evidence-based approach to our economy where we understand that there are certain segments of human activity where free market forces deliver the best outcomes, certain sectors where more heavily regulated markets function best, and other services that the government should handle.

On an unrelated note, the Denver Business Journal posted about the Canadian condo towers and some higher rise developments in RiNo. https://www.bizjournals.com/denver/n...ource=facebook

Here is a rendering of Block 176. They say demolition this summer, excavation in October, and vertical action in 2020

Last edited by SirLucasTheGreat; Jun 5, 2019 at 3:50 PM.
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  #5915  
Old Posted Jun 5, 2019, 4:04 PM
twister244 twister244 is online now
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Am I the only one that is wondering why 176 doesn't have a sales site anywhere?..... or did I miss it? Generally, you want to pre-sell some number of units before you break ground, no? Given the size of this project, I would expect there to be a page somewhere.....
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  #5916  
Old Posted Jun 5, 2019, 5:01 PM
DenvertoLA DenvertoLA is offline
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ooooooppfffffff I like that tower a lot. Keep the momentum going! Cue Marriott tower update
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  #5917  
Old Posted Jun 5, 2019, 5:28 PM
SirLucasTheGreat SirLucasTheGreat is offline
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ooooooppfffffff I like that tower a lot. Keep the momentum going! Cue Marriott tower update
If we can get Block 176 and the Marriott out of the ground before the end of this cycle, I think that would be a positive way to cap off this boom. McGregor Square and Market station are still my most anticipated projects from a pedestrian experience standpoint but Block 176 and the Marriott would certainly impact the skyline in a meaningful way. Although I haven't seen anything regarding presale activity for Block 176, I would hope that they don't demolish Shelby's in a few weeks and move through the city planning departments for no reason.
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  #5918  
Old Posted Jun 5, 2019, 5:42 PM
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Originally Posted by CherryCreek View Post
The "S" word has been in the news a lot recently, though its clear to me that there's not necessarily any real agreement on what it means, generically or in the context of America in 2019.

There's a tendency on the right to call any sort of government action that is aimed at protecting consumers, workers or the disadvantaged as "socialism", as if the Bolsheviks were at the gates ready to crown an American Stalin.

History swings, to and fro, and to many young people (and others), "business" has had the upper hand for decades to the detriment of the little guy. The American legacy of each generation improving economically over the prior generation seems to have died. The sharply rising wealth inequality and the emergence of the "mega corporations" with valuations that exceed the GDP of many of the world's countries seems like a throw back to the days of Morgan, Carnegie, Mellon, and Rockefeller.


Although this may not be your meaning, "good for business" can sometimes be short hand for gutting environmental regulations, ignoring global warming, designing the tax code to promote ever greater concentration of wealth in the 1 %, ripping additional holes in what is already the Western world's weakest safety net, empowering corporate money to "influence" elections, and rigging a voting system so that even majorities of people can't stop any of the foregoing.

Implicit in all of the "good for business" ratings is an assumption that's what's good for business, is always good for America. That assumption governed America in the late 19th Century and early 20th century until it became obvious that "business" doesn't always have the best interest of the country in mind and that government was a needed counterweight to regulate, control and limit the power of "business." That was true in 1919 and it's true in 2019.

Whether the particulars of this year's legislation are a net positive or a net negative, can be debated. But yea, the "S" word is losing its negative connotation to many people because of casual misuse. For many progressives, the response to claims that progressive policies are "socialism" will be "fine, then I'm a socialist."
Great response! I don't think many Americans understand "pure socialism" vs. "democratic socialism". We certainly don't want to become Cuba where you have little freedom and rely on the government for food and housing. That's an oppressive dictatorship using extreme socialism. Most of us are for Democratic Socialism, which we already have to an extent. We want a little more of what Scandanavia or Australia/New Zealand or Canada has. Just build our safety net back up a bit, but of course, still include a regulated free market. The pendulum has swung a bit far toward corporate power and the average American being screwed over.
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  #5919  
Old Posted Jun 5, 2019, 5:43 PM
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Originally Posted by SirLucasTheGreat View Post
Socialism is a term that is used far too loosely on the right and on the left. My concern is that I have encountered many people that are my age (29) who fundamentally distrust the idea of free enterprise and private property. These are people that I often find inspired by the Candi Debaca types. They will post supportive memes about communism as though the 20th century never happened. My hope is that we can maintain a more nuanced and evidence-based approach to our economy where we understand that there are certain segments of human activity where free market forces deliver the best outcomes, certain sectors where more heavily regulated markets function best, and other services that the government should handle.

On an unrelated note, the Denver Business Journal posted about the Canadian condo towers and some higher rise developments in RiNo. https://www.bizjournals.com/denver/n...ource=facebook

Here is a rendering of Block 176. They say demolition this summer, excavation in October, and vertical action in 2020
Agreed!
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  #5920  
Old Posted Jun 5, 2019, 5:56 PM
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The pendulum has swung a bit far toward corporate power and the average American being screwed over.
There's a big damn difference between corporate power and the average American being screwed over, versus developers are evil and corporations are ruining our neighborhoods. The former is true, the latter is total nonsense. If folks kept the "socialism" (progressivism, whatever) talk to Washington and its rotten politics, I am all on board. But when those same attitudes incorrectly move to the neighborhood level, and suddenly Amazon is being driven out of Queens, and your average apartment developer is being lambasted for not building units with shitty enough counter-tops that he coudn't possibly market them as "luxury," that's a very different thing.
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