Cherry Creek Perspective

JRES Intelica CRE > Cherry Creek Perspective > Cherry Creek Perspective – May 2020

Welcome to Cherry Creek Perspective – monthly news of mobility-related and affordable housing real estate throughout the Denver-metro area, and news of real estate, public sector and economic developments in the southeast Denver – Glendale area, relying in part on articles published in Real Estate Perspective.

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Each business day for Real Estate Perspective, the JRES staff reviews all Denver metro area wide and local newspapers, trade journals, government websites, blogs and other sources for commercial and residential real estate and economic news. News items are condensed into easily readable summaries providing all of the essential facts for the Real Estate Perspective newsletter. And Apartment Perspective, provides a detailed update of Denver metro area apartment rental, vacancy and development/construction activity including proposed projects.

The latest on Real Estate and Mobility is also available at a Group in LinkedIn with that name and moderated by Bill James at:

www.linkedin.com/groups/4760558

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Be careful out there and stay healthy.  The JRES newsletters will continue to be published.

 

OPPORTUNITIES

Reshaping Cities – Post-Pandemic Perspectives

We are living in challenging times. ULI and the Sharing Cities Alliance invite you to join us to learn about opportunities for change in our post-pandemic world.  In this environment, predicting how the future will unfold is next to impossible. However, we know that technological, social, and environmental developments within our societies are changing the way we live, work, learn, and play. We know that resilience is essential to our ability to adapt and resilience is born, in part, from information exchange and problem solving. Therefore, it is critical to exchange insights and try to turn challenges into opportunities, together. We invite you to participate in this learning experience designed to expose you to different people sharing their experiences and perspectives.

americas.uli.org/event/reshaping-cities-post-pandemic-perspectives/

Save the date for the 24th Annual Cherry Creek Rotary Open golf tournament July 26th, 2020 at the Pinery Golf Club.

www.cherrycreekrotary.org/

Why Rent Control Doesn’t Work

As cities become ever-more expensive, politicians and housing advocates keep calling for rent control. Economists think that’s a terrible idea. They say it helps a small (albeit noisy) group of renters, but keeps overall rents artificially high by disincentivizing new construction. So what happens next?

omny.fm/shows/freakonomics-radio/why-rent-control-doesn-t-work-rebroadcast

Work From Home Resources

Offering employees more choices for how and when they work can be key to ensuring business continuity and emergency preparedness for your workplace. We have compiled some resources for you to help quickly start or refine work from home options for your workforce. Transportation Solutions is a transportation management association that makes things happen.

www.transolutions.org/

Denver Elected Officials Online Town Halls

Join Denver city council members, state representatives, school board representatives, and RTD board members for a Virtual Town Hall.

Every 2 weeks – Thursdays – 4:00-5:00 PM
Phone: 408-638-0968 – password: 5555
Zoom: Meeting ID: 924 3016 5131
zoom.us/s/92430165131

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Real Estate

Denver Council Member Amanda Sawyer reports Denver Water is hosting a series of virtual community meetings now through July to engage with and inform the community about their Lead Reduction Program. Meetings are neighborhood-specific and include a variety of public participation options to ensure questions and concerns are addressed in real time. All meetings will take place from 5:00-6:00 PM.

https://www.denverwater.org/your-water/water-quality/lead

 

Mobility

RTD reports fare collection on all RTD transit services and front-door boarding on buses will resume July 1. RTD had implemented rear-door boarding on its buses and suspended fare collection to provide another layer of social distancing between operators and riders. With COVID-19 restrictions lifting and people starting to return to their physical workplaces and taking more trips, it’s time to resume normal operations. RTD encourages use of apps for purchasing tickets to reduce contact with the fare box and buy tickets through the following apps: mobile ticketing, Uber and Transit.

https://www.rtd-denver.com/projects/transit

Denver Council Member Kendra Black reports Denver’s Department of Transportation and Infrastructure has begun work on a project that will close lanes at Hampden & Colorado intersection for 10 months. The project will create a safer, more convenient connection for people who walk and ride bikes on the High Line Canal Trail, building two underpasses to reroute the trail under Colorado Boulevard and Hampden Avenue.

 

Real Estate & Mobility

Denver Council Member Jolon Clark Denver has created a temporary program to expand options for restaurants, bars and other similar businesses to operate in outdoor settings adjacent to their businesses. Proposals may include expansion into designated outdoor areas such as adjacent parking lots, streets and sidewalks. Considerations will include safety, mobility, and local and emergency access.

https://www.denvergov.org/content/denvergov/en/covid-19/support-services/business-assistance/temporary-outdoor-business-operations-.html

The Civic Center Conservancy reports a transformation of Bannock Street, located in front of the Denver City and County Building, is underway. This project will create a people-focused public gathering space on the west side of Civic Center for people to enjoy year-round and will close the street to motorized vehicles. A Pat Milbery mural will be the signature of Phase 1 of this project, which will also include trees with planters and moveable furniture.

https://www.denvergov.org/content/denvergov/en/transportation-infrastructure/programs-services/projects/bannock-street.html#:~:text=Bannock%20Street%20will%20close%20to,the%20mural%20is%20currently%20underway

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If your organization is interested in sponsorship of Real Estate Perspective contact Bill James at bjames@jres.com / 303-316-6768 or fill out our Sponsorship Request form and we will get back with you right away.

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