June 2025 High Frequency Update Reveals Strong Business Growth and Steady Recovery

The latest data from the Downtown Denver Partnership paints a picture of steady progress and renewed vitality in the urban core. The June 2025 High Frequency Update, which analyzes dozens of real-time data sources, reveals encouraging trends in business openings, residential growth, and activity levels that signal downtown's ongoing transformation.

One of the most encouraging indicators of downtown's health is the surge in new ground-floor businesses. Since the beginning of this year, 39 new businesses have opened their doors, bringing fresh energy and diverse offerings to Denver's urban landscape.

June alone saw several notable additions to the downtown scene:

• Ariat made its mark in the historic Larimer Square.

• Mantra Café found its home in the Golden Triangle near the Denver Art Museum.

• The popular KraveIt opened near the Ballpark district, adding to the area's growing food scene.

• The Milk Market continues to evolve as a culinary destination, welcoming Lucky Bird, East3 and Konjo Ethiopian Food in June, with YumCha Noodles & Dumplings set to join this summer.

• Scenthound opened its doors at Union Station, catering to the downtown dog community near the transit hub.

Downtown Denver's activity levels in June 2025 matched those of the same period in 2024, demonstrating stability in foot traffic and engagement. The month's pedestrian traffic reached 83% of June 2019 levels, bolstered by major events including Denver PrideFest, the Cherry Blossom Festival, Juneteenth celebrations and high-profile concerts like Metallica.

The return-to-office trend shows modest but positive movement, with weekday employees reaching 61% of 2019 levels—a 1% increase over June 2024. While still below pre-pandemic levels, this steady growth indicates continued confidence in downtown as a workplace destination.

Downtown hotels see slow occupancy gains this year. In May 2025, the downtown hotel revenue per available room (RevPAR) was $151, and occupancy was at 70%. However, with record-breaking convention bookings, data in the coming months will see some positive change in occupancy numbers.

Downtown residential growth remains strong. The data reveals that 761 new apartment units were occupied in the downtown core in 2025, with the broader center city area adding 1,346 occupied units. This residential expansion demonstrates sustained demand for urban living and confidence in downtown's future.

The Downtown Denver Partnership's commitment to tracking these high-frequency indicators provides invaluable insight into the real-time pulse of the city's core. As we move through 2025, these data points will continue to guide decision-making and highlight opportunities for continued growth and improvement.

For complete data analysis, detailed charts, and additional insights, read the full June 2025 High Frequency Update report.

Please reach out to Analise Lajeunesse for data-related inquiries and for media inquiries, please contact Apoorva Gundu.