Denver, CO
Golden Triangle apartment complex raises bar for incentives to attract tenants
With so many new apartments hitting the market in recent years, landlords across metro Denver are in an incentives arms race to attract new tenants. A month or two of free rent is almost a given, with more buildings offering three to four months. Fees are being discounted or eliminated, and gift cards for new tenants moving in are a common perk.
But the akin Golden Triangle, a newer 98-unit luxury apartment development at 955 Bannock St. in Denver, has pushed concessions to another level. In a sweepstakes, it recently awarded one tenant a $50,000 cash grand prize and the runner-up a year of free rent.
“We wanted to try something new. What we found, more than we thought we would, is that the sweepstakes brought the residents in these buildings together as a community. Management and staff got to know them,” said Rhys Duggan, president and CEO of Revesco Properties, which developed the building in partnership with Alpine Investments.
Duggan said the Revesco team initially considered providing a $100,000 grand prize, but talked themselves down. The sweepstakes, which started in late October, attracted 364 entries. Compared to heading up to Black Hawk or buying a lotto ticket, the odds of winning were much higher, with no money out of pocket required to enter.
Resident Claire Scobee, winner of the $50,000 grand prize, said she planned to save most of the money — after splurging on a shopping spree with her niece, according to a news release by Revesco.
“Winning was a complete surprise and feels like a once-in-a-lifetime blessing,” Scobee said. “I’m most excited to treat my family, especially my niece, and spend a fun day together making memories.”
The second prize winner, Lisa Cordova, said winning a year’s worth of free rent would allow her to focus on a project she has long wanted to do but couldn’t while working full-time.
“It gives me the momentum to finally follow through on a creative endeavor I’ve been wanting to do for a long time,” Cordova said.
Duggan said the Golden Triangle and River North submarkets have seen a lot of supply come online in a short amount of time, which has made it hard to fill up new apartment buildings.
Revesco Properties and Alpine Investments opened the doors on the akin Tennyson at 4560 N. Tennyson a few months before the akin Golden Triangle in early 2025. The akin Tennyson is nearly 90% full, while the akin Golden Triangle building is closer to 60% full, a reflection of how many new units went up in that neighborhood.
The Apartment Association of Metro Denver, which holds a quarterly media briefing to share the latest statistics, reports that concessions in the fourth quarter averaged 9.5% of total rent, which works out to four to five weeks of free rent. For new developments, free rent offers can average closer to three months.
“This is a great opportunity for a new renter to jump in. It is a renter favorable situation,” Mark Williams, executive vice president of the AAMD, said in January.
Rental concessions are the highest they have been in 19 years of the AAMD survey, but they aren’t expected to stay that way for long as developers pull back and the pipeline of new projects rapidly shrinks.
Revesco has the akin Bonnie Brae under construction at 740 S. University Blvd. on the former site of the Bonnie Brae Tavern near Washington Park. The 46-unit boutique apartment is set to open early next year with up to 9,000 square feet of ground-floor retail. But the company has become much more selective about what it will build in Denver going forward.
Duggan said he can see evidence of the multifamily construction slowdown from Revesco’s office in the LoHi neighborhood. When the apartment boom was at its peak, he could count 16 cranes from his office. Now he can only count two that are active.
“That tells you what is going on right now in the Denver market,” he said.
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Denver, CO
The hippo had to go, but the Denver Zoo slashed its water budget
Rocky Mountain sandhill cranes battle warmer conditions due to drought
Wildlife biologist Jenny Nehring and farmer Rob Jones talk about Sandhill cranes and their impact on the San Luis Valley.
DENVER — Zoos are of necessity big gulpers of water, a fact that has some zookeepers in the drying American West working to rapidly upgrade efficiency and reduce unnecessary irrigation or leaks.
Denver Zoo, formally known as the Denver Zoo Conservation Alliance, has rapidly reduced its demands on threatened and declining water sources, including the Colorado River.
Among the upgrades is a sea lion water filtration system that allows most of the water to be cleaned and reused each time the pool is drained. That’s saving more than 8 million gallons a year, zoo sustainability director Blair Neelands said. “You can get in there, scrub it with a toothbrush and refill it with the same water,” she said.
Similar upgrades to an African penguin showcase reduced its water use by 95% by largely eliminating what’s sent down the drain. (Like a backyard swimming pool, though, these tanks sometimes still need to be drained and refreshed with new water to reduce mineral buildup.)
“The biggest thing for us is swapping from dump-and-fill pools to life-support systems,” Neeland said.
Another biggie is replacement of a 50-year-old water main with funding of about $3 million from the city. There’s no way of knowing how much that pipe had leaked over the years, but Neeland suspected it was more than a million gallons a year. The savings should become apparent as the zoo tracks its water use over the next few years.
Creating hippo-sized water savings
When The Arizona Republic visited in 2025, the zoo was on the cusp of eclipsing a goal to reduce its water use by half of what it had been in 2018. The zoo had used 80 million gallons in 2024, or about 219,000 a day, a 45% reduction in just a handful of years. Much of the savings had come in the form of smarter irrigation practices and use of drought-tolerant native plants where possible. The landscaping also pivoted to recycled “purple pipe” water from the city, which owns the zoo’s land, restricting potable water to areas where animals really need it.
“When people hear ‘recycled water,’ they get worried about cleanliness and hygiene,” zoo spokesman Jake Kubié said. “But it’s safe for the animals, and it’s not their drinking water.”
Getting past the water conservation goal would mean draining the pool where Mahali the hippo spent most hours lurking with just his eyes, ears and snout visible to visitors. Because he spent so much time in the pool, the water needed daily changes. It amounted to 21 million gallons a year, not to mention water heater bills that drove the cost to $200,000 a year, according to zoo officials. They estimated that Mahali used as much water as 350,000 four-person households.
“This facility is outdated,” Kubié said. “Some day this will become a huge saver of water.”
That day came before year’s end, and it indeed brought a tremendous savings. The zoo shipped Mahali to a new home (and a potential mate) at a wildlife preserve in Texas and drained the pool one last time. Ending the daily change-outs shaved more than a quarter of the zoo’s entire water usage from the previous year. It put the zoo significantly beyond its goal.
Denver Zoo’s water savings are part of a broader waste- and pollution-prevention effort aimed at being a good neighbor in uncertain times, Neeland said.
“Water savings and drought is top of mind for anyone who lives in the Western United States,” she said.
In Phoenix, a different mix of animals
That’s true of the Phoenix Zoo, as well, where zookeepers must maintain landscaping and animal exhibits in a city that baked under 100-degree-plus high temperatures for a third of the days last year. The zoo creates a “respite in the desert,” spokeswoman Linda Hardwick said, but has no hippos, penguins, grizzly bears or many of the other species that would require big water investments for outdoor swimming or cooling.
“We really specialize in animals that will thrive in the temperatures here,” Hardwick said.
The Phoenix Zoo uses most of its water on landscaping. After a consultant’s 2023 irrigation assessment, the staff centralized irrigation scheduling under a single trained technician and employed technologies including weather-based controllers and smart meters. Salt River Project awarded $70,000 in grant funds for the upgrades and several thousand more for training.
The zoo uses about 189,000 gallons a day, she said. That represents a 17% reduction from 2023, or 20% when adjusted for the year’s particular weather and evapotranspiration demand.
Brandon Loomis covers environmental and climate issues for The Arizona Republic and azcentral.com. Reach him at brandon.loomis@arizonarepublic.com.
Environmental coverage on azcentral.com and in The Arizona Republic is supported by a grant from the Nina Mason Pulliam Charitable Trust.
Follow The Republic environmental reporting team at environment.azcentral.com and @azcenvironment on Facebook and Instagram.
Denver, CO
New video shows trespasser on Denver airport runway before deadly collision
Watch CBS News
Denver, CO
Person dies after being hit by plane at Denver airport
A Frontier Airlines plane has hit and killed a person at Denver’s international airport, prompting the evacuation of passengers. Authorities say the man jumped a perimeter fence and ran in front of the plane as it was taking off to Los Angeles.
Published On 10 May 2026
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