08/22/2023
🏙️ Denver's Office-to-Residential Conversion Journey 🏢🏡
Over the past year, the buzz around property conversions has been hard to miss. Yet, these transformations are still relatively uncommon. Only about 260 offices nationwide were converted between 2016 and 2022. However, this is changing in many major cities including Denver. Iconic spots like Republic Plaza and the Denver Energy Center could be reborn as residential spaces. Denver's Upper Downtown Adaptive Reuse Pilot Program is paving the way for more conversions. Building owners within downtown's boundaries can participate, given their structures are over 30 years old, and at least half vacant.
Thinking of listing your property or investing in commercial real estate? 🏢🔑 Reach out at 720-775-0226 or [email protected], and let's discuss the exciting possibilities!