Lower Downtown: The Entertainment Hub of Denver

real estate  /   /  By Tracy

Denver is a haven for those who love the outdoors. Yet the original settling of the Denver area was focused on mining the mountains for their wealth. As a result, Lower Downtown was an industrial mecca, filled with commercial buildings and warehouses. The original settlement was completely destroyed by fire in 1863, so red brick was used during the rebuilding process and became characteristic of the area. Today, many red-brick Victorian buildings are being re purposed to meet the demand of the residents for housing, restaurants and shops.

Overtime, the roughly 100 historical buildings were remodeled to reflect new uses, such as offices, hotels, housing and retail. This neighborhood replicates a pedestrian feel, with plenty of open walkways to encourage residents to stroll through the district. No need for an automobile with a variety of public transportation options and walking trails. The public transportation options include light rail, commuter trains and buses. The Iconic Union Station, which was built in 1881, has been undergoing a transformation that adds an underground bus facility to its transportation hub.

Denver

Denver

The Museum of Contemporary Art Denver also calls Lower Downtown home

For those who enjoy artistic offerings, the neighborhood includes over 30 different art galleries.  Thus, the area provides a destination for those who appreciate the arts, while serving as a draw for visitors to Denver itself. Businesses can take advantage of the larger floor plans and spaces provided in the district. Thus, this is a neighborhood that offers an excellent work and live dynamic.

For renters who enjoy this modern and vibrant community, the current inclusionary zoning means that new developments with over 30 units must devote 10% of their units as affordable. Thus, this multifamily neighborhood is inclusionary of young professionals, middle class families and retirees who enjoy an active social atmosphere. Housing prices have kept the neighborhood affordable for those employers within the district. Over the years, various agencies have encouraged reusing the buildings within the neighborhood and adapting them for new commercial and living spaces. Parking has also been primarily added underground, freeing up the streetscape for people to mingle and socialize.

Denver

Denver

 

Outdoor enthusiasts also can enjoy the various outdoor parks and areas, such as Centennial, Commons and Cherry Creek Parks. These locations offer outdoor a variety of activities, including basketball, tennis and jogging trails. Coors Field and the Pepsi Center serve as bookends for the overall neighborhood and serve as venues for a variety of cultural and entertainment activities. The Coors Field, which is home to the Colorado Rockies MLB team, has also undergone a remodel, allowing it to be used for musical and other entertainment acts in addition to baseball games. It also has several bars and includes spaces that can be rented for private parties.

Students of the University of Colorado Denver campus can also take advantage of the neighborhood’s restaurants, shops and overall nightlife options. Thus, the educational opportunities blend well in this vibrant community. Lower Downtown Denver offers plenty of possibilities for those looking to capitalize on the many opportunities available within this beautiful mountain city.

Find your next apartment with our virtual real-estate advisor

Related Posts

Hurricane Irma is in full throttle, evacuations are taking place and people living in the places...

If we look at the real estate market today and compare it to the now-bygone era of just a decade or...

It can’t be denied anymore that artificial intelligence or AI has in many ways changed the world...

Leave a Reply