Aug 2, 2022 - News

Denver's downtown demise, captured in 5 numbers

 A view of downtown Denver. Photo: Hyoung Chang/Denver Post via Getty Images

A view of downtown Denver. Photo: Hyoung Chang/Denver Post via Getty Images

Downtown Denver has lost its mojo and needs reinvention.

  • That's the unusually blunt assessment from city tourism leaders in a recent "State of the Downtown" report.

What they're saying: "Perhaps the most visible reality today is the decline in the activity, energy and vibrancy Denver is known for," Downtown Denver Partnership CEO Kourtny Garrett said, according to the Denver Business Journal.

By the numbers: Five figures in the new report tell the story of downtown's decline:

  1. Just 51% of workers are back in downtown offices compared with pre-pandemic 2019 numbers.
  2. In fact, 21% of Denver offices are vacant — the highest rate since 2017.
  3. Homelessness is up 13% in Denver.
  4. Downtown visitor numbers are at 89% of pre-pandemic levels.
  5. $2 billion in development projects are currently in progress, below the $3.3 billion from 2018 to 2022.
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