Nearly $2B pours into downtown Denver office, residential growth

· Mar. 24, 2015, 10:17 pm

Photo: LoDo, Union Station development 3 — Development in Denver's LoDo district is booming. A view from the redeveloped Union Station looking south on Jan. 25, 2015.

new report from the Downtown Denver Partnership.

For office dwellers, there's 2.4 million square feet of new office space in the works. That’s probably welcome news, because the report indicates falling vacancies have driven lease rates the highest point in at least five years.

But the report paints a picture of a downtown that has shifted dramatically from a primarily commercial center to a place people want to live too.

In the last 15 years the residential population has jumped more than 160 percent, with 4,000 new residential units planned or under construction.

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