OPPORTUNITIES
2018 Real Estate Law Series
8:30-11:30, Fridays, October 5 – October 26
The Denver Place – 1st Floor Atrium conference room – 999 18th Street
10/5 – Colorado Case Law: The Fact of the Matter is that the Facts Matter!
10/12 – Cannabis Considerations Concerning Commercial Real Estate
10/19 – Leasing Issues in New Developments
10/26 – Construction Defects in Colorado
RSVP Deadlines: One week prior to each date
http://www.cowyccim.org/event-3066303
Colorado’s Next Wave of Investment: What makes a great place?
Where: INDUSTRY RiNo Station, 3858 Walnut St.
When: Thursday, October 25th, 4 – 7 pm
Ten years ago it was RiNo and Highlands, before that Stapleton. Where will real estate investment and placemaking go next? How will we apply ULI best practices to create great places, and not just a real estate gold rush? This program examines opportunities and challenges up and down the Front Range.Registration includes post-program drinks and networking. Continuing education credits will be offered for AIA, AICP, and Colorado Real Estate Commission.
https://colorado.uli.org/event/colorados-next-wave-of-investment-what-makes-a-great-place/
ULI: Green Roofs Coming, Ready or Not
A year ago, Denver voters passed the Green Roof Initiative over the objections of some in the development community. Since then city leaders and a Task Force have been busy making recommendations to implement the initiative, which affects the construction and replacement of all roofs of 25,000 square-feet+. Come learn the best practices for implementation along with a national case study from the Javits Center in New York City. The program is hosted at Flight at TAXI, which features a state-of-the-art green roof. The panel will discuss green roof regulations, logistics, benefits, alternatives, and financing.
Wednesday, Nov. 7, 5 – 8 pm, 3575 Ringsby Court, # 200
https://colorado.uli.org/event/denvers-green-roof-initiative-what-does-it-mean-for-your-business/
Denverright: Game Plan for a Healthy City
Denver’s two-year Denveright outreach and planning effort, has obtained input from thousands of Denverites and resulted in plans for a more inclusive, connected and healthy city. The plans will guide the city’s growth, development, parks, mobility options and more over the next 20 years. The plan drafts are available for review, comment and a detailed survey through October 31. City planners will also host office hours in several locations beginning in September. The draft plans will be revised based on input received, and in early 2019, Denver City Council will review plans that require council adoption. Draft plans include:
- Comprehensive Plan 2040 – An overall 20-year vision and goals
- Blueprint Denver – An integrated land use and transportation plan
- Game Plan for a Healthy City – A parks and recreation plan
- Denver Moves: Transit – A first-ever local transit plan
- Denver Moves: Pedestrians & Trails – A sidewalks, street crossings and trails plan
http://www.denvergov.org/content/denvergov/en/denveright.html
Mobility Choice Blueprint – Denver Metro Area – Take the Quiz
The Mobility Choice Blueprint is a collaborative strategy to help the Denver metro region identify how to best prepare for and invest in the rapidly changing technology that is revolutionizing transportation mobility. A unique planning and funding partnership of CDOT, DRCOG, RTD and the Denver Metro Chamber is creating the Mobility Choice Blueprint – a coordinated strategic direction for the evolving mobility of the region related to walking, bicycling, driving and transit. The 2030 Blueprint will analyze travel trends and technologies in the region, explore and evaluate various technologies and their implications for mobility, align transportation investments of multiple public agencies and create new planning and implementation partnerships.
https://www.mobilitychoiceblueprint.com/
5 minutes of your time will help shape the future of mobility in the Denver metro area! Take this unique quiz:
http://mobilitychoiceblueprintquiz.com/
THE LinkedIn GROUP – REAL ESTATE AND MOBILITY
https://www.linkedin.com/groups/4760558/
MOBILITY
RTD’s Board of Directors approved changes to fares and pass programs that will be implemented early next year, including the introduction of a low-income program, an increased discount for riders between the ages of 6 and 19, and fare increases for Local, Regional and Airport trips. The new fare policy will maintain the EcoPass, Neighborhood Pass and CollegePass programs with prices based on trips taken. The changes also include the introduction of a three-hour pass, which will replace a three-hour one-way transfer. Some fare changes will go into effect on January 1, 2019, with a low-income program estimated to begin in July.
http://www.rtd-denver.com/Fares.shtml
RTD invited more than 100 mobility experts from across the metro area to share ideas on the future of transportation in the region including topics on dockless scooters and bikes, micro-transit, transportation network companies, ridesharing, and advanced fare integration. The summit, Transportation Transformation (T2), provided the opportunity for industry professionals to discuss ways to cooperatively integrate new mobility services with traditional public transportation that would allow the public to discover, pay for, and use these services for seamless travel throughout the region. “As RTD is uniquely positioned to be the regional mobility integrator for the region, our goal is to establish a unified vision to enable more accessible and effective mobility choices that will enhance the quality of our social, cultural, and economic life now and in the future.”
ATTAINABLE HOUSING
Denver City Council Member Mary Beth Susman reports Chris Conner is the new director of Denver’s Road Home, the city’s program to support and connect people experiencing homelessness to vital resources and housing. Chris has been serving as the program’s interim director since last September and has already initiated a refocusing on the mission of the office and its large network of community service providers.
https://www.denvergov.org/content/denvergov/en/denver-human-services/community-outreach/denvers-road-home.html
The flurry of value-add apartment investing in recent years has sparked a countermove by public and private entities that are pooling their capital and stepping in to slow the erosion of the country’s low-income housing stock. Added to that, new private equity funds are popping up to take advantage of tax breaks created by the Tax Cuts and Jobs Act of 2017 aimed at incentivizing investment in designated low income Opportunity Zones. The combined result is a surge in capital flowing into social impact investment funds.
https://www.nreionline.com/finance-investment/more-real-estate-funds-aim-preserve-affordable-housing-boost-economic-development?NL=NREI-006&Issue=NREI-006_20180926_NREI-006_332&sfvc4enews=42&cl=article_1&utm_rid=CPG09000010414762&utm_campaign=16445&utm_medium=email&elq2=a836af934d0d4b75acb3b95eac3f3f9d
REAL ESTATE
Council Member Susman also reports the project to restore the Cranmer Park Plaza and Sundial has been completed! Congratulations to The Parks People, The Save Our Sundial Committee, the many contributors, and other community leaders for their hard work. These groups worked in partnership with Denver Parks and Recreation to restore the 6-foot sundial and grand flagstone plaza at Cranmer Park. Built in the 1930s, this locally renowned plaza was crafted out of Colorado flagstone and includes a terrazzo panorama depicting the Front Range mountains. Over the years, Denver’s freeze-thaw cycles caused significant damage to the flagstone, mortar, and panorama. In December 2017, ground was broken for the reconstruction of the sundial terrace and the refurbishment of the sundial, utilizing modern construction techniques to ensure its sustainability for future generations. The entire plaza was removed and reconstructed. Design ensured the plaza and panorama were reconstructed in a historically informed manner.
Denver City Council Member Kendra Black reports underpasses (tunnels) for bikes and pedestrians are planned for the High Line Canal:
- The Mississippi tunnel near Leetsdale is being designed. Construction should begin mid to late 2019. Construction will take about a year.
- The Colorado Boulevard and Hampden tunnels are being designed. Once the design is finalized a contractor will be selected. Construction will likely begin in late 2019 or early 2020.
- The Holly & Yale tunnel is funded by the 2017 voter-approved Elevate Denver Bond. Because design has not begun, there is no timeline for construction.
