Denver Turns Empty Offices Into Homes

Denver’s downtown office market is in freefall, with soaring vacancies and plummeting rents, but the city is turning crisis into opportunity. With foot traffic nearly back to pre-pandemic levels, the focus is shifting to converting underused office space into housing—nearly a quarter of it. The Downtown Denver Authority has approved $225 million in loans to jumpstart projects, including revitalizing Civic Center and even buying the struggling Denver Pavilions mall. Backed by $570 million in voter-approved bonds, the city is betting on smart conversions and community reinvestment to breathe life back into the heart of Denver, even as the office sector lags behind the nation. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c8cec2abe52b030d