The second annual State of Downtown Denver Report, a fact-driven report created in collaboration with the Downtown Denver Business Improvement District with the support of Newmark Knight Frank Frederick Ross, provides timely, objective and accurate data about Downtown Denver. The report shows that Downtown Denver remains the hub of the region with approximately 112,000 employees, 17,000 residents in the urban core, 65,000 residents in City Center neighborhoods and 44,000 University students.
The report shows Downtown Denver’s progress in creating an environment attractive to drivers of the new economy, such as the Millennial generation and start-ups, and tracks everything from the average square foot lease rates to things like attendance numbers at cultural facilities and miles of bike lanes throughout Downtown Denver. Some key findings in the State of Downtown Denver Report include:
- 44,000 students attend a college or a university in Downtown Denver
- We’ve seen $3.6 billion worth of non-residential public and private investment in Downtown Denver over the last 10 years and there is currently over $1 billion in public and private sector development scheduled to open in 2013-2014
- Many of these projects include hotels, transportation infrastructure, cultural facilities, and office buildings
- 53% of Downtown Denver employees use alternative modes of transportation including transit, biking, walking, carpooling, vanpooling and telecommuting
- In one year, approximately 17 million pedestrians pass by the Denver Pavilions
Denver has achieved some pretty impressive rankings:
- Denver is the #1 city where 25-34 year olds are moving (Brookings)
- Denver is the 5th greenest city in the U.S. (Siemens)
- Denver is the 3rd best city for startups (Venture Beat)
The Downtown Denver Partnership, with the support of the Downtown Denver Improvement District, creates this report to help tell the story of Dowtown Denver to leaders from the private sector and decision makers from the public sector.
To read more about Downtown Denver, download the 2012 State of Downtown Denver Report.