Interesting information about the pipeline of apartment development in the Denver area:
Some of the on-going apartment development, including Hampden and I-25 and Hampden and University near Cherry Point, certainly provide evidence of this trend.
support this trend.
Of note is that 2/3rds of new apartment development is occurring in the core? Should this trend continue, this really could have a profound impact on density in the central metro area. This, combined with the tilt toward high-end units and the current pricing of single family homes and condos in the central Denver areas could have a profound impact on the demographic makeup of this area – and lend credence to the theories of some that the suburbs and exurbs are the “ghettos” of tomorrow…
A question – can market demand support the pipeline of high-end units?