Denver, CO
Denver could extend key deadline for languishing apartment projects
A West Wash Park apartment building under construction in 2019. (Hyoung Chang/The Denver Post)
Denver is considering throwing a lifeline to 23,000 planned apartments and residences at risk of never getting built.
Currently, developers have 30 months from the time their project’s site development plan is approved to obtain building permits to begin construction. Otherwise, their SDP expires, and they must resubmit it if they hope to build.
But with an increasing supply of apartments and the costs to build new ones rising, groundbreakings have fallen off a cliff. That means a lot of SDPs are languishing — approved, but with a developer unable or unwilling to break ground.
“The oversupply our city is experiencing right now is short-lived, and so it’s really important that we keep these shovel-ready projects alive so that we don’t see an undersupply,” said Brad Buchanan, executive director of Denver’s Community Planning and Development department.
Brad Buchanan
Buchanan’s department is pushing the Denver City Council to approve a measure for all projects that had an SDP approved before 2026 to extend the deadline to get their permits by an additional three years.
The Denver Planning Board will be the first governmental body to review the plan. It’s scheduled to weigh in Wednesday afternoon. The City Council will vote on the measure in May. Councilwoman Amanda Sandoval is also sponsoring the bill.
Many of the projects that could be extended were submitted in the months before the July 2022 implementation of the city’s Expanding Housing Affordability ordinance, which requires new residential projects to reserve between 8% and 15% of their units for people making below the median income, or to pay a large fee.
Jonathan Alpert, partner at local developer Westfield, said that requirement would make it more difficult for him to break ground. He has two site development plans approved. Both are 8-story apartment buildings, one in LoDo and one in Cap Hill.
Westfield’s projects would be subject to the EHA if the plans expire and it resubmits them.
“They certainly do not work right now with the headwinds and the market,” Alpert said of his projects. “If we’re subject to the EHA, that exacerbates the issue.
“This potential extension is huge for us.”
Alpert noted that macroeconomic factors, like high interest rates and construction costs, have complicated development nationally.
“As a result of the oversupply, rents are not there,” he said. “It’s hard to make any of these projects pencil, and demand is down right now.”
The first projects approved before the EHA took effect had their SDPs expire in December, according to Buchanan.
“We’ve lost some others once since then, and we’re about to lose a lot more this year,” he added.
Denver’s apartment vacancy sits at 8.2%, according to the Apartment Association of Metro Denver, the highest since 2010. And concessions on new units have risen to record highs, too. The city saw 10,300 apartments break ground in 2021, far higher than the 2,300 started last year, according to data from JRES Intelica CRE.
But developers are predicting a turnaround. Sean Campbell, president of Formativ, which is constructing projects in RiNo and Littleton, said he sees rents for new apartments rising in the first quarter of next year.
“If Denver is perceived to have an oversupply … cautious institutional investors will say, ‘Hey, let’s wait six or 12 months and then we’ll [break ground],’ and that’s really what this SDP extension is all about,” he said.
But without approved projects ready to break ground, builders may not be able to construct new housing until supply gets overly constrained and rents shoot up.
“If we canceled everybody’s SDP, we wouldn’t have the ability to regenerate the pipeline,” Campbell said.
Denver, CO
Recap: Denver Nuggets B squad defeats Oklahoma City Thunder C squad 127-107. – Denver Stiffs
Neither the Denver Nuggets nor the Oklahoma City Thunder elected to put their best foot forward on Friday night. The Nuggets rested all of their starters and the Thunder rested basically everyone who plays in their rotation with the exception of Lu Dort. That made for an interesting game but the Nuggets still found plenty of production from guys like Jonas Valanciunas, Julian Strawther and local college hero David Roddy. All three of those players put up 20+ points and led a big run in the fourth quarter to put the Thunder away 127-107. The Nuggets also end up securing homecourt advantage in the first round of the playoffs with the win.
The offenses were understandably clunky on both sides as the game opened. The Nuggets were playing a lot of one on one and were able to get a small lead. Aaron Wiggins was the main catalyst on the Thunder’s side. Valanciunas bullied his way to points and kept Denver in front as the quarter progressed. The Nuggets stayed in the lead by a couple buckets past the halfway point of the first and then they started hitting some threes which grew their advantage up near double digits. Jalen Pickett had some strong minutes and the lead got past ten as the quarter winded down. The Thunder pushed back, Kenrich Williams started attacking and got some buckets. Both teams started firing away from three to close the first. When it ended Denver led 34-27.
The Nuggets kept their lead in the early going of the second quarter but OKC had started to find some rhythm on offense. After a few minutes the quarter slowed down with some officiating reviews, first for a challenge and then with Lu Dort elbowing Roddy in the face on a rebound attempt (ruled a common foul). The Thunder kept within a couple buckets until Valanciunas came back in and started dominating the glass. Unfortunately the reserves were still inevitably clunky and turnovers let OKC get back within four again when there was just over four minutes to go in the half. Strawther heated up and helped Denver to a strong close. After two quarters they led 59-51.

The Nuggets were a little sluggish coming out of the locker room but Big Val kept them in front early in the third quarter. Eventually the rest of Denver’s starting group got going as well while Branden Carlson was scoring for the Thunder. The Nuggets were still sloppy with the basketball, Wiggins and Williams were making shots for OKC and the lead started to dwindle. Tim Hardaway Jr., who had a terrible first half shooting, hit a much needed three to stop the latest Thunder run and keep Denver in front but the turnovers and Nikola Topic were making things difficult. Oklahoma City was definitely playing with more effort but the Nuggets kept getting a key bucket here or there to not fully relinquish the lead. Carlson was giving Denver problems again, including a poster jam on Zeke Nnaji. It wasn’t a strong close to the third for the Nuggets, but after three they still led 90-85.
Denver opened the fourth on a 10-0 run that was led mostly by Roddy who was shooting with confidence. After a timeout by the Thunder, Valanciunas had a big putback dunk and kept the momentum on the Nuggets side. It took until almost the seven minute mark before OKC finally hit a shot and by that time the lead was creeping up near twenty. It continued to be all Denver. Strawther (who had a couple nice steals in the game) poked the ball away from Topic and highlighted the Nuggets run with an impressive fastbreak dunk. The energy started to wane after that with the score making the game look pretty well in hand. Denver settled for jump shots and the Thunder went on a run to cut the lead back down to a dozen. David Adelman took a timeout and that got the defense refocused. Roddy hit another three and the clock started to work against OKC. Denver’s bench was able to wind it out and get some points at the free throw line to finish it off. They secure the victory, 127-107.
Final Thoughts
Got to love the effort from the less heralded guys
Valanciunas was the big star of the game and showed that he can still be a very effective player with his size and skill. Roddy was probably the best story of the night though, the Colorado State Ram alum got significant minutes in the second half and was the key to Denver’s big run to open the fourth quarter. There’s no guarantees he is on an NBA roster next season and as a two-way player he won’t be eligible to play in the playoffs so these two games are a great opportunity for him to start his audition for a spot on someone’s team next season. He definitely helped himself tonight. Other guys who have stepped up during the season but lost playing time in the rotation squeeze when the starters got healthy looked great tonight too. Pickett played a strong mid-range game and gave Denver a boost off the bench, Strawther looked like the scoring threat we know he can be. All around a really great effort from some players who haven’t got a lot of regularity in terms of playing time.

This win puts Denver in the driver seat for seeding
Shortly after the Nuggets sealed up this win, the Houston Rockets fell to the Minnesota Timberwolves. That means Houston cannot catch Denver and thus the Nuggets will have homecourt advantage in the first round. The Los Angeles Lakers, however, defeated the Phoenix Suns by double digits tonight and can still secure the three seed with a win on Sunday against the Utah Jazz coupled with a Nuggets loss to the San Antonio Spurs on the same day. The Spurs have nothing to play for so in theory Denver is in the driver’s seat in terms of who they want to see in the first round and what side of the playoff bracket they’d like to land on. Beat the Spurs, take on the Minnesota Timberwolves and avoid the Thunder until the Western Conference Finals. Lose to the Spurs and face the Houston Rockets in the first round while likely facing the Thunder in round two. I’d take option one but we’ll see where the Nuggets organization’s head is at when the injury report comes out tomorrow evening. An interesting side note to this decision is Nikola Jokic will need to play at least 15 minutes on Sunday to qualify for season awards.
Credit is due to David Adelman
I assume Denver wants to get the three seed, it makes the most sense given that T-Wolves star Anthony Edwards is fighting runner’s knee and the Nuggets would avoid a matchup with OKC until the Western Conference Finals. It was a bit of a calculated gamble tonight to sit the entire starting lineup and risk the opportunity to play for the three seed on Sunday. In the end it looks like a brilliant call. There’s no doubt the Nuggets starting group can benefit from a night off. Aaron Gordon, Cameron Johnson, Christian Braun and Jokic all missed time this season with injuries and you can still see the occasional winces or additional padding that indicate those injuries aren’t fully healed. Meanwhile, Jamal Murray’s been putting in a herculean effort leading the team when those guys haven’t been available. Denver was able to get all of their starters a night off and still ended up with a twenty point victory playing guys who have got minimal live game minutes together this year. Oh by the way, it was their eleventh straight victory. Great win all around, including from Denver’s coach.
Denver, CO
Broncos owners buy 40% ownership stake in the Colorado Rockies
A seismic shift has come to the Colorado Rockies.
The Penner Sports Group, which owns a controlling interest in the Denver Broncos, has joined the Rockies ownership group in a move that will have a major impact on Colorado’s Major League Baseball franchise. Rockies chairman and CEO Dick Monfort and owner/general partner Charlie Monfort announced the move on Friday.
Penner Sports Group — the family entity of Greg and Carrie Walton Penner that holds a large stake in the Broncos — now becomes the largest minority partner of the Rockies. Sources told The Denver Post that the Penners are purchasing a 40% share of the Rockies.
Greg Penner will remain CEO of the Broncos, and fellow primary owner Carrie Penner, his wife, will continue on in her various roles with the team. The Penners will have no day-to-day involvement running the Rockies, a source said.
“We are excited to expand our commitment to the Denver sports community through a minority partnership with the Colorado Rockies,” the Penners said in a prepared statement. “This investment from Penner Sports Group reflects our deep appreciation for what the Rockies mean to this region, the passion of their fans and our confidence in the future of the franchise.”
According to Forbes, the Rockies are valued at $1.68 billion, ranking 25th among Major League Baseball’s 30 teams. The Penner Sports Group’s investment has been formally approved by MLB.
The Penner’s investment will help the Rockies become a bigger player in baseball’s current, uneven financial landscape, in which big-market teams like the Los Angeles Dodgers and New York Yankees outspend mid-market teams like the Rockies.
Renck: Rockies hit a home run for Colorado fans by bringing in Broncos owners
According to the Rockies, the Penners’ investment allows the franchise to retire all outstanding debt and provides additional capital for the team.
Dick Monfort will continue in his role as chairman and CEO, Charlie Monfort will remain as owner/general partner, and Walker Monfort (Dick’s son) will remain as the club’s president, running day-to-day operations.
“Speaking personally, on behalf of Charlie and our family, our other partners and the organization, we’re excited to welcome Greg and Carrie Penner into the Colorado Rockies ownership group,” Dick Monfort said in a statement. “I’ve had the pleasure to build a strong relationship with Greg and Carrie over the past few years. For many reasons, including their recent success with the Broncos, we know we are gaining much more than just financial support in this partnership with Penner Sports Group.
“Greg and Carrie have proven that they share the same passion for our region and a strong commitment to compete at the highest level. We are thrilled to add them to the Colorado Rockies’ ownership group as we best position this franchise for long-term sustained success.”
Negotiations between the Monforts and Penner have been ongoing for months, sources told The Post.
The Walton-Penner Family Ownership Group, led by Greg Penner, Carrie Walton Penner, and Rob Walton, purchased the Broncos for $4.65 billion in August 2022. The Broncos are in the early in the process, but knee deep on the way to building a new stadium and entertainment complex at Burnham Yard.
“Our family’s had such a positive experience with the Broncos, reinforcing our interest in partnering with another team in this dynamic sports market,” the Penners said. “We’ve enjoyed getting to know the Monforts and are grateful to join Dick and Charlie in the Rockies’ ownership group along with the other partners.
“While our focus remains firmly on the Broncos, we look forward to being supportive, long-term partners of the Rockies and Major League Baseball.”
Dick and Charlie Monfort became the Rockies’ majority owners in 2005. Forbes first valued the Rockies in 1998, just five years after their inception, at $303 million. Since then, the club has appreciated by more than 450%.
Denver, CO
Patty Herrick Obituary | The Denver Post
Patty Herrick
OBITUARY
Patty Herrick passed on March 27th, 2026 after a nine month long battle with leukemia. She faced it with determination, grace, and strength of will. Born February 2nd, 1953 to Patricia Floyd and Thomas Pryor in New York, she was a lifelong lover of animals, the water, and photography. After graduating from the University of Denver, she became a psychologist in the Denver area before shifting to become a full time mom. She lived in the Denver area for 30+ years cultivating a community. Motherhood became an integral part of her life, she is survived by her four children; Annie, Matthew, Liam, and David, her dog Luke, and bird Brille.
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