Quote:
Originally Posted by SirLucasTheGreat
Does it seem to anyone else that developmental activity (permits/groundbreaking) has started to really slow down? To the extent that others have a similar impression, is the lack of groundbreakings more of a seasonal issue or broad economic trend?
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I almost thought that until DenverInfill did their crane count, along with update on square footage UC/completed for residential/office. We still have a ton of stuff under construction in the city from what I can tell. I think the difference is we don't have huge, high profile projects (I.E. 1144 15th) under construction anymore. Plus, with Union Station just about built out, we don't have a big cluster of cranes like we did a couple years ago.
But, on a neighborhood level, I still feel like we have stuff breaking ground. In my neck of the woods (Jefferson Park), scrape/builds are still breaking ground and going up just as fast as they were a year ago. Plus, the Loma site is moving forward on their plans for a massive apartment complex.
On the infrastructure level, we have I-70 being reconstructed, the National Western Center, the airport terminal expansion, and the airport Grand Hall renovation that all broke ground this past year. No shortage on that front.....
Also, it doesn't appear that proposals are slowing down, or coming to a trickle. Hell, we just had the Bell Tower story break this past week. Oh, and on top of that, there are plans going through the city for River Mile and the Stadium District. I mean, maybe things aren't quite as busy as they were a couple years ago. But then again, we just went through one of the most transformative booms in Denver's recent history, so perspective matters.