About 30% of Denver’s downtown office space is vacant — and that doesn’t include “zombie buildings"
About 30% of Denver’s downtown office space is vacant — and that doesn’t include “zombie buildings"
In the Denver metro, "office" has become a 4-letter word as about 30% of downtown office space is vacant — and that doesn’t include “zombie buildings.”
We stopped going to downtown, almost for any reason except Avs games. Even then, we leave the sack and Uber right back to cherry creek. We used to stay in downtown all the time with my spouse's hotel employee benefits but not anymore. Everything changed for us when a homeless dude tried to attack us as he was walking in the rain in a t shirt with his fists balled yelling. My empathy for the homeless druggies in downtown is gone. My spouse's safety is more important.
9That is largely because Texas keeps bussing their homeless to Denver.
11Is that where they come from? There are so many homeless people in Denver, it’s insane.
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Denver: Let's build a tech centre and move our businesses out of town
Also Denver: Oh no the businesses moved out of town
6So many that work in the Tech Center moved to Colorado Springs because it's cheaper, too.
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Bad news, that means that downtown is trending towards blight. More buildings will vacate, businesses will leave, great increase in crime, and a worsening of living conditions. Goods news is housing will be cheaper, but that also means downtown will be a slum.
It's the 1970s all over again.
4I wonder if real estate investors are still hopeful of a comeback or if they are trying to think of new uses. Office park real estate, must be particularly hard hit - who would rent those horrors now that they can afford a place in a highrise.
It's hard not to schadenfreude thinking about all the predicament of the owners of the cynically bland environments they tried to stuff us in.... And they wanted us to pay for parking on top of it. Hoping we never go back.
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