That Kairoi project is perfect. That stretch around Downing has gone really downhill during the pandemic - all of these delayed/stalled projects are becoming blight. Can't wait to see the Franklin/Colfax Burger King development move forward. Pretty much everything that's vacant/abandoned on that stretch of Colfax is so because of slowly-moving projects. Blight by pre-development, if you will.
Quote:
Originally Posted by TakeFive
Development; sweet sweet development
Not only for your benefit but for all of us, let's review the existing and potential TOD in and around or 'not too far' by train from central Denver. Since I've referenced corridors, let's paint a picture of potential buildout value for each corridor starting with the East Corridor and moving counter-clockwise. I'll guestimate values which I'll pull out of my 🞵🞵🞵🞵 so other's feedback is welcome.
QUESTION: Does anybody know the approximate value of the built-out Denver Union Station neighborhood, both public and private? Since this is virtually finished I assumed the value was readily searchable. I was wrong.
The hub of the wheel - Denver Union Station
neighborhood or "district" (which Ken uses) I'll guestimate at $1.5 billion to $2 billion.
East Corridor - along the A Line - 38th & Blake Station - Value of TOD at buildout: Three quarters of a billion $'s and up
- Central Park Station - Value of TOD buildout: Pending urban/suburban density decisions I'd guess one-third to one-half of a billion $'s
North Corridor - The N Line - 48th & Brighton / National Western Center Station - This is already a designated billion $ project. The potential for additional mixed-use development should be in the neighborhood of one-third of a billion $'s and up
Northwest Corridor The B and G Lines - 41st and Fox Station - interesting conceptual plans out there, this TOD could easily be a half billion $'s or more.
- Pecos Junction Station - there's been some land assemblage but plans remain early stage - let's guess quarter billion $'s.
West Corridor - along the W Line - Decatur - Federal Station - if you combine the master plans of Sun Valley and the Stadium District this one could pop nicely but assuming mid-level density we'll go with half a billion $'s but more likely 3/4 of a billion $'s.
South and Southwest Corridors
bunt likes this one and so do I; but we'll combine two station as one extended area of TOD. This has been traditionally a favored direction or part of town. - I-25 & Broadway and Alameda Stations - one billion $'s and up.
Noteworthy:
I didn't include River Mile projections which will take advantage of and benefit from the transit station. Much the same could be noted about the Auraria campus. Rail transit is important for both of these.
In Total
Not counting DUS which is done there's an addition over $4 billion and likely closer to $5 billion in potential TOD before it's all done.
Aerotropolis Denver- Couple of billion $'s of TOD?
|
Almost entirely along the fringes of the City and County of Denver. Still, I appreciate your summary - you're not wrong, but a number of things can be true at once. All of the development is great but there's a lot of existing neighborhoods in Denver (in fact most of the City) and they're starting to get anxious about whether they will ever see mass transit.
What's REALLY concerning - you named a bunch of development hotspots, there is actually more development occurring in neighborhoods NOT served by mass transit. 9th + CO is a great example. Many of us in Congress Park are very concerned about adding 1,000 to 2,000 more units, and a ton of retail, in an auto-dependent area where traffic is already bad. We've already seen this happen around Lowry, Cherry Creek, and Glendale where major infill has exacerbated problems in an area that was already gridlocked. Cars aside, it's also really unpleasant and unsafe to be a bicyclist or pedestrian around bad traffic (Quebec, Monaco, Colfax, Colorado, Speer, York/Josephine/Univ, Park are all overwhelmed rn).
I do not want to oppose more major infill initiatives that truly improve our built environment, but we need to reconsider how auto-dependent these areas of the city are. I'm not sure how I feel right now about major infill at the Park Hill Golf Course, Monaco/Evans, Krisana, Colfax/Colorado, Johnson & Wales campus, Krameria area (super under the radar, but everything around there is being rezoned).
Each of those areas will see at least 1,000 new units and we don't have any mass transit in east Denver. That's cumulatively
at least 10,000 new units across rail-free east Denver over the next decade. Nobody else is concerned by this, and some people still say subway is "impractical"?
I'm trying really hard not to beat a dead horse (for instance I'll let the anti-core and anti-subway comments go) but there's just a few points that bear repeating, including the
fact that FasTracks is a regional system not a Denver system. Sure it's better than nothing for Denver, but Denver aint its focus, and we don't really serve east Denver nor any natural urban corridors unless you count the 15 Bus and 0 Bus.
Many of RTD's rail lines, the south corridor cutting through Baker being a prime example, zip past actual Denver neighborhoods without stopping. Can't slow down the suburban commuters apparently.
edit: Forgot about Johnson & Wales, which is another huge redevelopment not served by any transit
Prev
Linear Mode
