REAL ESTATE
Colorado lawmakers brace for their biggest battle yet over AI data centers
Across the U.S., tech companies have committed billions to build data centers, the hulking facilities behind cloud-based software and newer AI tools. Most of the projects have concentrated in states like Virginia and Georgia, which offer generous tax breaks and other benefits to lure tech companies to develop the facilities within their borders. Colorado lawmakers have repeatedly shut down legislation to establish similar incentives over the last few years. The fight officially returned to the state capital last week when pro-business Democrats introduced a bill backed by data center industry groups. If approved, it would give data center developers a 20-year exemption from paying state sales and use taxes — if they meet a series of economic and environmental requirements.
https://www.cpr.org/2026/01/20/colorado-bill-ai-data-centers/
The nation’s biggest AI data centers are taking root in some unexpected places
During the rise of the internet in the 1990s, data center operators wanted to be near highly populated financial trading, commerce and government hubs like New York, downtown Los Angeles and Washington, D.C. Those geographic strategies look different today. Northern Virginia, near the data-heavy federal government in Washington, D.C., is still considered the largest market for data centers, with what real estate services firm CBRE estimates is the capacity to use nearly enough electricity to power more than 3.5 million homes. But the industry is heading further afield, with technology giants including Microsoft, Google, Meta and Amazon expanding into areas including southern Idaho, Texas’ Big Country, Ohio, Indiana and the Midwest farmlands in search of lower-cost land and power.
https://www.costar.com/article/818265552/the-nations-biggest-ai-data-centers-are-taking-root-in-some-unexpected-places
Commercial Builders Are Losing Their Appetite to Build Anything but Data Centers
Higher interest rates, steeper material prices and a tight labor force provide significant headwinds to new construction this year. Spending to build offices, hotels, apartment buildings and warehouses is projected to fall in 2026, according to estimates from FMI Corp., a Raleigh, N.C.,-based construction consulting company. But data centers, sought by large tech companies to run artificial-intelligence platforms, are a bright spot. Construction of these properties is less deterred by those higher costs because of still unmet demand from hyperscalers. ~ Spending on construction of data centers will rise by 23% in 2026 compared with the year prior, according to FMI estimates. That would lift them to more than 6% of all nonresidential building construction, up from 2% in 2023.
https://www.wsj.com/real-estate/commercial-builders-are-losing-their-appetite-to-build-anything-but-data-centers-945c594f?mod=djemRealEstate_h
The Hidden Office Workout Market
The latest Trepp CMBS figures offer a reassuring narrative at first glance. The overall CMBS delinquency rate ended December at 7.3%, rising just four basis points for the month and office has hovered around roughly 11% despite repeated predictions of a sharper spike. On the surface, the market appears to be absorbing stress more smoothly than even some industry insiders expected. That framing came through in the latest episode of The TreppWire Podcast, where Lonnie Hendry, chief product officer at Trepp, walked through predictions for 2026. He described a year of “measured momentum,” with capital becoming more selective but still available for “financeable” assets and noted that office delinquencies have not yet reached the extremes many anticipated.
https://www.globest.com/2026/01/16/the-hidden-office-workout-market/
Parts of downtown Denver are old, tired and empty, but is it poised for rebirth?
The Denver Downtown Development Authority has approved more than a dozen projects, totaling $165 million, including a grant to convert the historic Petroleum Building, next to lowly Columbine Place — from 12 floors of office to 178 residences. Some local investors are taking advantage of the rock-bottom deals in Denver. Last month, Westside Investment Partners purchased a 12-story office building at 15th and Curtis Street at an almost 70 percent discount from its 2019 sales price. And the company, based in Greenwood Village, announced plans to convert an upper downtown building into apartments. But almost none of those have finished yet, and many offices are just not well-suited for such a conversion. Many don’t make financial sense without even more city investment. While it may be difficult to envision what to do with vacant office buildings downtown, that doesn’t mean it’s doomed, according to Hickenlooper. Someone will find an idea for what he called “these big empty shells.” “I hear these people saying that downtown’s dead and it’ll take 50 years to come back. That’s nonsense.”
https://www.cpr.org/2026/01/06/downtown-denver-building-vacancy-maintenance/
How sewage can be used to heat and cool buildings
Thermal energy from the sewage now powers a system that heats and cools classrooms, an equestrian center and veterinary hospital at the National Western Center complex. It’s a recent example of how wastewater flushed down the drain can heat and cool buildings in a sustainable way. Climate experts say sewage is a largely untapped source of energy due to its stable temperature of approximately 70 F (21 C). Wastewater heat recovery systems have already been installed in California, Washington, Colorado, New York and Canada. Pipes that transport sewage are already built, making it a low-cost and widely available resource that reduces the need for polluting energy sources. There’s no odor since the thermal energy transfer systems keep the wastewater separate from other components.
https://enewspaper.denverpost.com/infinity/article_popover_share.aspx?guid=99c7a3e4-2844-4fad-a41c-0cf470d7509a&share=true
Denver Is Finally Getting Its First Common Consumption Area
Westfield Company, Inc., which owns the property along with Stanley Marketplace in Aurora, corralled its tenants to form the North Wynkoop Promotional Association, which includes multiple liquor-license holders. Drinks may be purchased only from participating businesses and consumed only within the clearly marked consumption area. Concertgoers will not be allowed to take drinks in or out of Mission Ballroom.
https://www.westword.com/food-drink/denver-approves-first-common-consumption-area-at-mission-ballroom-40826701/
Multifamily Faces a Long Road to Recovery
The report points out that high home prices – including a 105% premium to buy versus rent – are bolstering the multifamily market, especially since many existing homeowners pay less than 4% in interest. A weak job market with low turnover is unlikely to encourage new household formation. At the same time, landlords are choosing to maintain occupancy rather than raise rents on new leases. They will continue to offer incentives to new tenants, especially since renewal rates are historically strong and account for 57% of all leasing activity. “Renewals dramatically outpace new leases for rent growth,” the report stated. In addition, the overall 4.4% vacancy rate is expected to rise over the next few quarters as demand remains below supply.
https://www.globest.com/2026/01/16/multifamily-faces-a-long-road-to-recovery/
How to accelerate grid infrastructure deployment for an electrified future
Electrification powered by renewable energy is now widely recognized as the most decisive lever for accelerating the energy transition. It supports climate goals, enhances competitiveness and strengthens energy security. In parallel, after decades of relatively stable consumption, electricity demand is surging across markets globally, increasing by 4% in 2024. Infrastructure that would typically take a decade to plan, permit, finance and build must now happen in far less time to keep pace with load growth and renewables deployment. What took us 100 years to construct must now be doubled in just 15-20 years, making this the most significant global infrastructure undertaking in most of our lifetimes.
https://www.weforum.org/stories/2026/01/grid-infrastructure-electrified-future/
America’s Biggest Power Grid Operator Has an AI Problem—Too Many Data Centers
Sixty-seven million people in a 13-state region stretching from New Jersey to Kentucky get their power from a market operated by nonprofit PJM. So, too, do the many AI data centers springing up in Northern Virginia’s “Data Center Alley,” which have a bottomless appetite for electricity. Rates are going up for consumers. Older power plants are going out of service faster than new ones can be built. And the grid’s capacity is in danger of maxing out during periods of high demand, which could force PJM to call for rolling blackouts during heat waves or deep freezes to avoid damaging grid infrastructure.
https://www.wsj.com/business/energy-oil/power-grid-ai-data-centers-1235f296?mod=djemAI
Amazon Proposes Its First Big-Box Retail Location, Targets Suburban Chicago
Amazon is looking to make another foray into brick-and-mortar retail, proposing a massive big-box store in Orland Park, a suburb of Chicago. The online shopping behemoth submitted plans for a 229K SF large-format store that would be bigger than a Walmart Supercenter, which averages around 179K SF. The store would offer groceries, household essentials and other products and feature a limited warehouse component to support on-site operations.
https://www.bisnow.com/chicago/news/retail/amazon-proposes-its-first-big-box-retail-location-eyeing-suburban-chicago-home-132669
Re-Assessing the Commercial Real Estate Market: Is the Glass Half Full or Half Empty?
The CRE market thrives when four conditions are met: Low or falling interest rates; low volatility; a growing U.S. economy; and policy certainty. In 2025, three of those four conditions were largely met, leading to a nice uptick in CRE transaction activity in 2025 and growing optimism for the CRE market. Should at least three of these conditions remain in place for 2026, the CRE market should continue on its steady (but not euphoric) upward trajectory. We are in the camp that slow steady growth should continue for the CRE market in the near term. However, higher interest rates, a spike in volatility, or the onset of a U.S. recession could change the narrative quickly. Stay tuned.
https://cre.org/real-estate-issues/re-assessing-the-commercial-real-estate-market-is-the-glass-half-full-or-half-empty/
Data Centers, Immigration Action Add To Construction Labor Shortage
A new Associated Builders and Contractors report predicts the construction industry will need to attract 349,000 net workers to meet demand in 2026, then 456,000 more in 2027, when construction spending growth is predicted to resume. “The industry will need even more workers than the model predicts should current spending projections prove overly conservative,” ABC Chief Economist Anirban Basu said in a release. “That is a distinct possibility, especially if project financing costs decline unexpectedly or if lingering policy uncertainty resolves itself quickly and favorably.” Employment in the industry only grew by 14,000 in 2025, according to ABC. The industry needs to attract fewer overall workers than in past years due to modest spending growth forecasts in 2026 and 2027, Basu said.
https://www.bisnow.com/national/news/top-talent/without-100s-of-thousands-of-new-workers-construction-industry-faces-workforce-shortage-cliff-132728
Why smaller houses can lead to happier lives
Humans aren’t very good at prioritizing what makes them happy, economists say, especially when it comes to living arrangements. We systematically overlook the costs (mortgages, commuting, maintenance) while dramatically undervaluing intangible benefits that actually dictate our happiness (seeing our kids at night, hanging with friends, knowing our neighbors and walking places). It’s not that big houses make us unhappy. It’s what we give up in pursuit of them. That’s why so many people can end up house-rich but relationship-poor, vaguely unsatisfied in their bigger homes.
https://www.washingtonpost.com/climate-environment/2026/01/06/smaller-houses-happier-lives/
What Trump’s marijuana policy shift means for real estate
Because lenders are cautious not to run afoul of federal law, cannabis companies long have struggled to sign retail leases or even office headquarters deals with landlords that have loans on their buildings from traditional banks. “There’s no direct benefit from being on Schedule III from a commercial lending perspective,” Sliwoski said. “If we get helpful guidance from the Treasury Department on how marijuana companies can work with institutions, that could make a big difference for real estate lending because banks would be in the game. “Until marijuana gets off schedule, banks are going to be circumspect at the very least. There would need to be very specific guidance for large financial institutions to be involved.” Moving marijuana to Schedule III could lead to some relaxing of local zoning regulations regarding dispensaries, Vicente said. For example, some municipalities have tight restrictions on where cannabis dispensaries can be located, like having to be a certain distance from schools and churches.
https://www.costar.com/article/846497616/what-trumps-marijuana-policy-shift-means-for-real-estate
The Fiscal Crisis Coming for Major U.S. Cities That Neglect Their Downtowns
In Chicago, lower-income neighborhoods like Garfield Park saw sharp increases in property tax bills without corresponding increases in property values. Not because owners suddenly became wealthier, but because the tax burden shifted. In this case, Downtown property owners challenged (and won) their assessment appeals. This is happening at an unprecedented rate in many cities across the country.
https://www.linkedin.com/posts/larisaortiz_the-fiscal-crisis-coming-for-major-us-cities-activity-7408873813993480192-0ESX/
Denver DDA finalizes purchase of shopping mall and parking lots
The Denver Downtown Development Authority closed on the purchase of the Denver Pavilions, an outdoor mall off Glenarm St. along the 16th Street pedestrian corridor in upper downtown. A special warranty deed shows the taxing district now owns the property, which is anchored by Maggiano’s Little Italy, H&M, Lucky Strike Lanes, Sephora, Coyote Ugly Saloon and the Regal UA Denver Pavilions movie theater. No purchase price was recorded, but the Denver City Council approved $45 million for the purchase last month. Previously, Laura Swartz, director of communications for the Denver Department of Finance, told the Denver Business Journal that the DDDA had appropriated $37 million to buy the property and $8 million for master planning and operations. Gart Properties, which sold the Pavilions to the DDDA, bought the mall property for $106 million in 2015, according to public records.
https://www.bizjournals.com/denver/news/2025/12/23/denver-dda-pavilions-purchase-mall.html
Denver City Council approves NWSL stadium deal
The council’s approval of four items, along with a rezoning for the new stadium site, will help usher in a 14,500-seat venue at the Santa Fe Yards. The former site of Gates Rubber Co. at Broadway and Interstate 25 has sat vacant for three decades in the Baker neighborhood. The city will contribute $70 million toward creating the purpose-built stadium that the Denver Summit FC will call home.
https://www.bizjournals.com/denver/news/2025/12/23/national-womens-soccer-league-denver-city-council.html
Third site eyed in Denver Water relocation for Broncos stadium
The football team has proposed buying state property and building a new stadium at the northwest side of Burnham Yard, the 58-acre former railyard the team identified as its preferred new stadium site earlier this year. The stadium site abuts the Denver Water headquarters campus, some of which is being moved to a site in the Elyria Swansea neighborhood to accommodate the team’s vision. The Howard Place site, Lot M for the current stadium, is the third parcel that Denver Water plans to use in the relocation process. The other two, in Elyria Swansea, are adjacent to each other and form a 21-acre campus. The utility has agreed to spend $53 million on those parcels, which the Broncos will reimburse, according to previous Denver Business Journal reporting.
https://www.bizjournals.com/denver/news/2025/12/23/sun-valley-denver-water-broncos-relocation-site.html
AFFORDABLE HOUSING
The housing market’s next era has arrived. Here’s what it means for prices.
Recent data from Zillow Group Inc. underscored what is becoming a growing divide between housing markets, showing that 53% of homes in America lost value in the past year — the most since 2012. That varies dramatically by region and city, though, with homes in the South and West the most likely to have lost value over the last year.
The cities with the highest percentage of homes to have lost value are:
1. Denver: 90.6%
2. Austin, Texas: 89.5%
3. Sacramento, California: 87.5%
4. Phoenix: 86.9%
5. Dallas: 86.7%
6. San Antonio: 86.3%
7. Tampa, Florida: 85.2%
8. Orlando: 85.2%
9. San Francisco: 83%
10. Jacksonville, Florida: 82.7%
https://www.bizjournals.com/denver/news/2025/12/15/real-estate-market-dropping-values-higher-costs.html
ICE Home Price Index shows affordability at its best in almost four years
Annual home price growth ended 2025 at +0.7%, the smallest calendar-year increase since 2011, when prices dropped 2.9%, according to Intercontinental Exchange (ICE) data released on Monday. Income affordability has improved as income growth outpaced home price gains and 30-year mortgage rates declined, starting 2026 at 6.15%. At current prices and rates, purchasing an average-priced home with 20% down and a 30-year low requires a monthly payment of $2,093, or 27.8% of the median household income. That has declined from $2.256, or 31.1% of median income, at the start of last year, ICE said in an emailed statement.
https://seekingalpha.com/news/4536847-ice-home-price-index-shows-affordability-at-its-best-in-almost-four-years
Apartment rents fall to early 2022 levels in metro Denver
Faced with a rising number of vacant apartments, landlords across metro Denver started cutting rents and boosting concessions more aggressively in the final three months of 2025, according to a quarterly update from the Apartment Association of Metro Denver. The region’s apartment vacancy rate rose to 7.6% in the third quarter from 6.3% in the third and 6.9% a year earlier. More empty apartments triggered a drop in average rents from $1,816 in the third quarter to $1,754 last quarter, an average not seen since the first quarter of 2022.
https://www.denverpost.com/2026/01/22/denver-apartment-rents-decline-housing-affordability/
Three new housing measures unveiled
One of the bills, House Bill 1066, would exempt vacant land that will later be the site of subsidized rental units from being subject to property taxes. A law passed two years ago did the same for land that its owners planned to build houses on. Another measure, House Bill 1001, would allow nonprofit groups, school districts and housing authorities to build housing on their land, largely without being subject to local government approval. A similar version of that bill — which explicitly included religious organizations such as churches — died last year. The third bill, House Bill 1065, would set up two financial programs for which local officials and developers could apply. One would use sales tax revenue collected near a transit stop to help fund projects that are intended to boost access to transit. Those projects could include adding signs, changing roadways and building transportation facilities. Lawmakers intend to fund three projects a year through that program.
https://enewspaper.denverpost.com/infinity/article_popover_share.aspx?guid=0708dfe5-758a-4d16-ba66-cb4681a846d5&share=true
Affordable Housing in 2026: A Year of Pressure and Possibility
Interest rates remain the dominant variable. Robinson is watching the Federal Reserve closely, noting that future cuts will flow into both construction and permanent financing over the coming year. Castellan is tracking the 10-year Treasury and key municipal benchmarks that directly influence bond pricing. Still, even with some rate relief, many expect a lag before development pipelines begin to rebuild. Federal budget decisions will have significant implications, too. Harvard and NLIHC both highlight that only a fraction of income-eligible households currently receive rental assistance, and existing HUD programs are already under strain. Salib describes the unresolved HUD budget as a particular concern for project-based vouchers, which remain essential to many affordable housing capital stacks.
https://www.multihousingnews.com/affordable-housing-trends/
Holiday Inn in Denver’s Park Hill could become apartments
The owners of the Holiday Inn at 3333 Quebec St. are eyeing a hotel-to-residential conversion project on the site, according to a plan submitted to the city of Denver. The hotel, which is right on the border of Denver’s Central Park neighborhood, was built in 1973 and includes 300 units, according to property tax records. In 2021, an LLC tied to HHM Hotels — a Philadelphia-based hotel management company that owns over 240 hotels across the country of various brands — bought the property for $15.7 million, records show. The application did not specify how many units the 11-story property could eventually contain, but architectural drawings suggest as many as 25 apartments could be built per-floor on floors two through 11. Some apartments will be created by combining two hotel rooms into one-bedroom units, while others will operate as studios, the drawings suggest.
https://www.bizjournals.com/denver/news/2025/12/26/holiday-inn-denver-residential-conversion.html?ana=emailafriend
Accessory dwelling unit (adu) relending program
CHFA is pleased to announce the Accessory Dwelling Unit (ADU) Relending Program. The ADU Relending Program provides loans to eligible nonprofits, public housing authorities, and community development financial institutions (CDFIs) offering financing to eligible borrowers for the construction or conversion of ADUs.
https://www.chfainfo.com/accessory-dwelling-unit-adu-finance-programs/adu-relending-program
State’s land costs 7th-highest in nation
The lots that Colorado’s homes sit on averaged $942,200 per acre in 2022, compared to $343,800 in 2012, according to an analysis from Cinch Home Services, a provider of home warranty and repair services based in Boca Raton, Fla. The value of residential land in Colorado rose 174% in those 10 years, one of the fastest gains of any state. “America’s most expensive land markets are being shaped by intense competition, limited supply, and concentrated pockets of investment. What stands out in this data is just how dramatically prices can climb within a single state,” Cinch said in its study.
https://enewspaper.denverpost.com/infinity/article_popover_share.aspx?guid=c9635f05-aa7b-4e25-addf-6f935f555e9a&share=true
REAL ESTATE AND MOBILITY
Colorado eyes tax-increment financing to spur transit-oriented affordable housing
Legislators plan to introduce a bill, titled Transit and Housing Investment Zones, that would give local governments and transit agencies a pathway to create new investment zones and fund projects within them. The legislation would use a popular funding mechanism known as tax-increment financing, or TIF, to raise money for work within the investment zones. TIFs work by setting a tax base, then pooling the tax revenue raised in the area beyond the baseline into a dedicated fund to pay for improvements in the area. The bill would also create a new state tax credit that would be awarded to qualified low-income housing projects within those zones.
https://www.bizjournals.com/denver/news/2026/01/11/transit-housing-investment-zones-co-legislature.html
DIA’s Concourse C, Peña Boulevard set for more construction following City Council contract approvals
Denver International Airport’s growth is set to continue after the Denver City Council approved contracts to expand Concourse C and renovate parts of Peña Boulevard. The $70 million Concourse C contract will add over 400,000 square feet and 11 new gates to the west side of the terminal. DIA also said the expansion will include “modern amenities” and new concessions spaces. ~ The airport’s Great Hall reconstruction, which has been underway for years now, recently entered its final phase. By the time it’s done — projected to be 2027 — there will be new arrival spaces for international and domestic passengers, more security lanes and a big crystal tree. Another major project is on the horizon, too. City officials recently approved a $150 million contract to build and manage a consolidated car rental facility and a transportation link to it.
https://denverite.com/2026/01/06/more-denver-international-airport-pena-boulevard-construction/
California startups join forces to turn US parking lots into flying taxi stations
Joby Aviation, an air taxi maker based in the seaside town of Santa Cruz, has struck a deal with Metropolis Technologies, a Los Angeles-based parking technology startup. The duo plan on repurposing 25 parking lots across the country into vertiports, or stations where electric vertical takeoff and landing aircraft, or eVTOLs, can land, recharge and take off.
https://www.costar.com/article/20515918/california-startups-join-forces-to-turn-us-parking-lots-into-flying-taxi-stations
MOBILITY
A ‘Demographic Time Bomb’ Is About To Go Off — And the Transportation Sector Isn’t Ready
Now, the U.S. Census says that about 10,000 Baby Boomers are turning 65 or older every day — and by 2030, all of them will have crossed that age threshold. And the oldest among them are quickly approaching the end of their “driving life expectancy,” which researchers say tends to end when motorists are somewhere between 81 and 85 on average. And considering that average lifespans for Boomers grow even as their health declines — and how few of them are willing to move out of their communities, even if they’re only accessible by automobile — some transportation experts have warned that much of the U.S. is unprepared for a future where a record number of seniors are either trapped in homes they can’t leave without a car, or taking to the road when it’s not safe for them to do it.
https://usa.streetsblog.org/2026/01/15/a-demographic-time-bomb-is-about-to-go-off-and-the-transportation-sector-isnt-ready
Cities going back to two-way streets
Embracing the oft-repeated slogan that “paint is cheap,” transportation planners across the U.S. — particularly in midsize cities — have been turning their unidirectional streets back to multidirectional ones. They view the step as one of the easiest ways to improve safety and make downtowns more alluring to shoppers, restaurant patrons and would-be residents. Dave Amos, an assistant professor of city and regional planning at California Polytechnic State University, said almost no major streets in the U.S. originated as one-way routes. Two-way streets were the standard, before mass migration to the suburbs prioritized faster commutes over downtown walkability.
https://enewspaper.denverpost.com/infinity/article_popover_share.aspx
CDOT proposes $806 million highway expansion to fix I-270 chokepoint
CDOT’s current plans call for widening I-270 to add two express toll lanes, one in each direction, where buses would move faster, with shoulders broadened to give emergency responders quicker access. Bus travel time along I-270 would decrease to 10 minutes. “This approach has worked really well on U.S. 36,” CDOT director Shoshana Lew told residents. “You’ll have the choice to take the express lane or use the general purpose lanes.”
https://www.denverpost.com/2026/01/16/i-270-highway-expansion-project-adams-county/
A Self-Driving System Attuned to the Rhythm of the Street
Unlike earlier ADAS technologies, MB.Drive Assist Pro employs an artificial intelligence living on a water-cooled Nvidia superchip, in order to see, understand and anticipate the world around the car. At virtually every instant, this entity is weighing 10 separate options for safe and efficient passage, drawing upon the collected wisdom of thousands of drivers logging almost 10 million miles and executing the best course of action.
https://www.wsj.com/lifestyle/cars/a-self-driving-system-attuned-to-the-rhythm-of-the-street-2acdcef4?st=UytBMH&reflink=article_email_share
One-Year Numbers Show Clear Win for NYC Congestion Pricing
Official numbers reveal the success of New York City’s congestion pricing program, which reduced traffic into the congestion zone by 11 percent, with 27 million fewer vehicles entering the area in the year since the program launched. As Evan Simko-Bednarski explains in the New York Daily News, the $9 toll — down from the originally proposed $15 — will bring in roughly $550 million over its first year and has been shown to reduce air pollution and bus travel times in the city.
https://www.planetizen.com/news/2026/01/136709-one-year-numbers-show-clear-win-nyc-congestion-pricing
Trump administration cancels $109M in environmentally focused transportation grants for Colorado
The funds were slated to pay for increasing the use of electric vehicles and EV charging options, as well as rail improvements, including research into hydrogen and natural gas-powered trains. Some of the money was slated for a specific transit project in Fort Collins. “Effective immediately, USDOT has canceled five different projects in Colorado — ranging from woke, zero-emission plans to ‘green’ rail cars,” Danna Almeida, a spokesperson for the U.S. Department of Transportation, said in a written statement. “These projects did not align with President Trump’s ambitious America First agenda or were redundant.”
https://coloradosun.com/2025/12/16/trump-administration-cuts-transportation-grants-colorado/
Why Driving in Circles Makes Sense: Exploring the benefits of roundabouts and traffic circles
By the way, Jim explained to me that despite the terms often being used interchangeably, there’s a difference between traffic circles—often called rotaries—and roundabouts. Traffic circles and rotaries often have multiple lanes, sometimes with stoplights, and can lead to an increase in car accidents because of driver confusion. Think about big circles such as Dupont Circle in Washington, D.C., or New York’s Columbus Circle, which are far different from the roundabouts we’re talking about here. Roundabouts typically have one or two circular lanes that are simpler to understand and that reduce traffic fatalities.
https://urbanland.uli.org/design-planning/why-driving-in-circles-makes-sense-exploring-the-benefits-of-roundabouts-and-traffic-circles