Stay updated with breaking news from Ted Leighty. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The state is home to roughly 111,000 subsidized units with affordability requirements and many will soon expire if the legislature is not able to grant municipalities a right of first refusal to buy subsidized-housing properties.
Colorado Democrats in the legislature are pursuing a right of first refusal bill to preserve affordable housing properties by giving cities and towns the right of first refusal to buy them.
The bill would allow Colorado fire protection districts to impose "fire impact fee" on certain new construction and levy a sales tax to generate more revenue.
Where Shelby's Bar & Grill long stood on the corner of 18th and Glenarm streets, and before that the old Broadway Hotel, two towers are rising that will provide 461 for-sale condos, defying the odds in more ways than one.
The project represents a vote of confidence in downtown Denver at a time when office vacancy rates have soared above 30% and remote work has left the future of central business districts uncertain.