DENVER | Main Development Thread #7 - Page 594

BG918 · #**11861** Posted **Dec 2, 2021, 3:43 PM**

Quote:

Originally Posted by TakeFive

Growing crime is also a consideration.

This is definitely something that is trending the wrong direction in Denver. Homicides and shootings are way up and large parts of downtown that previously felt safe no longer feel that way. I know in my Denver neighborhood there has been an increase in burglaries and theft as well.

laniroj · #**11862** Posted **Dec 2, 2021, 4:28 PM**

Quote:

Originally Posted by TakeFive

...True, initially lenders and builders were quite conservative coming out of the recession and as you point out due to stricter qualifications initial construction was largely upscale which hurt affordability. But many areas had excess inventories so it wasn't an issue early on. And over time those areas where suburban growth is popular, they have seen a resurgence in all types of home construction.

Good points but I believe missing the key factor: the suburban decline in production is due to the fact that land development fell off the map entirely starting in 2007 and lasting through roughly 2012.

Homebuilders need lots and generally focused pre-great recession on buying finished lots to build homes, not necessarily entitling land which is long, risky, and unpredictable work. Some of these big communities we see in the suburbs/exurbs take 10+ years from conception to shovels. Land development is also terrible for the publicly traded company earnings reports and balance sheets so they stay away. Land development is back in full swing but the momentum, as many rightly point out, shifted to urban center and brownfields. It's been picking up in the suburbs, but we still do have anywhere near the level of suburban sprawl/production that we've enjoyed continuously from 1900 to 2007, kicking the 1930's to the curb...

Robert.hampton · #**11863** Posted **Dec 2, 2021, 4:43 PM**

Looks like Novel Uptown passed design review last week. Really want to see renderings on that one -- I feel like Novel + Tryba is a combo that should yield a pretty stellar product.

Also really love the rendering for the Arbory up at Park Ave and Downing - a small project but a really creative one on a super awkward plot.

Same developer has plans submitted for a project at 17th/Washington

COtoOC · #**11864** Posted **Dec 2, 2021, 4:55 PM**

Quote:

Originally Posted by Agent Orange

So Denver metro grew a bit over 17% this past decade and the same growth rate in the 00s. But in the 90s it was over 30%, so I don't think growth is the only factor. Also metros like Raleigh-Durham, Austin, Las Vegas, even Atlanta in the 90s and 00s grew even faster than that, and yet they didn't become significantly unaffordable.

Yeah, I wasn't assuming a higher population growth rate would be the only factor. Just thinking it could be a contributor.

SirLucasTheGreat · #**11865** Posted **Dec 2, 2021, 5:36 PM**

I've been interested in the two 30 story towers proposed near the Art Museum in GT. Here are rough concepts of the one at 12th and Bannock

Arapahoe · #**11866** Posted **Dec 2, 2021, 7:02 PM**

Quote:

Originally Posted by SirLucasTheGreat

I've been interested in the two 30 story towers proposed near the Art Museum in GT. Here are rough concepts of the one at 12th and Bannock

wow, that would elevate denver architecture a bit

Arapahoe · #**11867** Posted **Dec 2, 2021, 7:10 PM**

Quote:

Originally Posted by Robert.hampton

Looks like Novel Uptown passed design review last week. Really want to see renderings on that one -- I feel like Novel + Tryba is a combo that should yield a pretty stellar product.

Also really love the rendering for the Arbory up at Park Ave and Downing - a small project but a really creative one on a super awkward plot.

Same developer has plans submitted for a project at 17th/Washington

cool design. I don't see any empty lots there, are they tearing something down?

jbssfelix · #**11868** Posted **Dec 2, 2021, 7:14 PM**

Quote:

Originally Posted by SirLucasTheGreat

I've been interested in the two 30 story towers proposed near the Art Museum in GT. Here are rough concepts of the one at 12th and Bannock

Oh good, someone finally straightened out the Jenga tower in Austin.

wong21fr · #**11869** Posted **Dec 2, 2021, 7:28 PM**

Quote:

Originally Posted by Robert.hampton

Looks like Novel Uptown passed design review last week. Really want to see renderings on that one -- I feel like Novel + Tryba is a combo that should yield a pretty stellar product.

Looking at the site development plan it looks to be a pretty basic block building. Alexan Arapahoe Square comes to mind but with a driveway cut-out on Logan and mesh screening covering the parking.

Agent Orange · #**11870** Posted **Dec 2, 2021, 8:39 PM**

Stoked about that Bannock tower. Interesting design, but I'd be happy with any sort of height down in GT to add some variety to the skyline south of Colfax.

midwestcowboy · #**11871** Posted **Dec 2, 2021, 9:13 PM**

Quote:

Originally Posted by Arapahoe

cool design. I don't see any empty lots there, are they tearing something down?

It's technically at Park and Lafayette. See aerial from the equity provider:

Arapahoe · #**11872** Posted **Dec 2, 2021, 9:22 PM**

Quote:

Originally Posted by wong21fr

Looking at the site development plan it looks to be a pretty basic block building. Alexan Arapahoe Square comes to mind but with a driveway cut-out on Logan and mesh screening covering the parking.

here's the text description for Novel Uptown in epermits submitted last month:

A new 10-story, 300,000 SF building is proposed on the southwest corner of East 16th Avenue and Logan Street. The building will have a single level below grade parking garage with 1 level above grade. The ground floor level will have a coffee shop retail space, resident lobby, service spaces, and walk out residential units along Logan St and E 16th Ave. Floors 3-10 contain rental residential units and amenity spaces.

Arapahoe · #**11873** Posted **Dec 2, 2021, 9:28 PM**

Quote:

Originally Posted by midwestcowboy

It's technically at Park and Lafayette. See aerial from the equity provider:

ah, thanks. If I was going to tear down something, that would be it.

SirLucasTheGreat · #**11874** Posted **Dec 2, 2021, 9:46 PM**

On the Bannock tower, I hope it gets built. IIRC, LMC sold it to Urban Villages, who is the developer. Their portfolio is slim but they are developing Populus (Aspen tree looking hotel at 14th and Court) so perhaps they are for real. If you look in the top right corner of the top right drawing, I believe that might be the 30 story building that they are also proposing at 12th and Acoma

TakeFive · #**11875** Posted **Dec 2, 2021, 10:05 PM**

Source

Quote:

Originally Posted by midwestcowboy

It's technically at Park and Lafayette. See aerial from the equity provider:

SirLucasTheGreat · #**11876** Posted **Dec 2, 2021, 10:07 PM**

Here's the best shot I've seen of the proposed 30-story tower on Acoma (the one in the bottom right).

rds70 · #**11877** Posted **Dec 2, 2021, 10:40 PM**

12th and Delaware Apartments:

250 units, 13 stories, 2,000 sf retail:

Proposed construction start Q1 2022.

SirLucasTheGreat · #**11878** Posted **Dec 2, 2021, 11:06 PM**

That's really 12th and Delaware? Are they going to demolish Cuba Cuba or something? There's a small parking lot on the NW corner but this projects looks it takes much more space

rds70 · #**11879** Posted **Dec 2, 2021, 11:18 PM**

Quote:

Originally Posted by SirLucasTheGreat

That's really 12th and Delaware? Are they going to demolish Cuba Cuba or something? There's a small parking lot on the NW corner but this projects looks it takes much more space

This is across the street from Cuba Cuba (it can be seen in the lower right hand corner). It takes three or four lots on the east side of the street currently occupied by single story row homes and two older office buildings.

SirLucasTheGreat · #**11880** Posted **Dec 2, 2021, 11:42 PM**

Thanks a lot! I'm excited for all the infill. I just hope some of those monstrous lots on 13th avenue are infilled soon. It seems like you have updated us on a few of those planned projects. I hope they all come to fruition.