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
Defensive lineman Jordan Miller has a tough battle to make the Broncos’ final 53-man roster
As the Denver Broncos prepare for the 2026 season, they have a lot of positives going for the franchise. One of them would be their defensive line. Once a position group with a lot of questions marks, it has ascended to one of the best units in the National Football League over the past few seasons.
The departure of John Franklin-Myers in free agency may have an impact on the group’s performance for the upcoming gridiron campaign. Though the Broncos are hoping a combination of young players they have drafted over the past several seasons can offset the loss of Franklin-Myers.
One player hoping to make the squad is defensive lineman Jordan Miller. At the conclusion of the 2024 NFL Draft, the Broncos signed Southern Methodist standout and gave him one of the biggest signing bonuses from that cycle. For the past two seasons, Miller has been a practice squad player for the Broncos. After two years learning the ropes, is Miller finally ready to earn a spot on Denver’s final 53-man roster? Let’s discuss.
Age: 26 | Experience: 2 | College: SMU (via Miami) | Height: 6’3” | Weight: 307 pounds
Arm Length: 33-3/8” | Bench: 27 reps | 40-Yard Dash: 5.18 seconds
Jordan Miller’s 2026 outlook with the Broncos
Several years ago, I highlighted Miller’s strengths in our 2024 roster review series. His strength and size at the point of attack are enticing. Additionally, he boasts a tremendous wingspan on the interior which routinely gave opposing offensive linemen in his collegiate career fits.
The physical traits Miller has are certainly promising. However, entering his third year with the Broncos, he faces steep competition in order to make the final 53-man roster. That’s no fault of his own—it’s just the reality of the situation—Denver’s defensive line is stacked.
I believe the franchise will keep six defensive lineman in the rotation once again this season. Having six players in their trenches will help keep the rotation fresh and give them a shot to be at their best. Zach Allen, Sai’vion Jones, Tyler Onyedim, D.J. Jones, Malcolm Roach, and Eyioma Uwazurike appear to be the favorites set to make the squad. With that in mind, it is hard to see a viable path for Miller to make the squad.
Given the aforementioned, it seems like Miller will once again be a practice squad candidate for the Broncos. In the event that something were to happen to Jones or Roach, I could see Miller getting called up to the active roster to help handle spot duty reps on the interior of Defensive Coordinator Vance Joseph’s defensive front.
Denver, CO
Family: Injured firefighter improving after deadly wrong‑way crash on I‑25 in Denver
DENVER — A lieutenant with Berthoud Fire who was injured after he was struck head-on by a wrong-way driver in Denver last month is making progress, according to a Tuesday update.
The wrong-way driver, identified as 25-year-old Kevem Dos Santos, was killed in the May 17 crash inside the barrier-separated HOV lanes on Interstate 25.
Ken Bradley, the Berthoud Fire lieutenant, was traveling to work when the crash occurred. He was transported to the hospital with serious injuries.
The crash left Bradley with multiple fractures in both legs, fractures to his left arm, a dislocated right shoulder, several broken ribs, and a collapsed lung.
Bradley’s family said he is now able to get in and out of his wheelchair on his own. But he faces additional surgeries this week to reconstruct his ankles and feet.
His family thanked the more than 800 donors who have contributed $85,000 to his GoFundMe and said he remains in good spirits.
Police have not said how Dos Santos managed to access the gate-controlled HOV lanes, leaving many questions unanswered.
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Denver, CO
Denver City Council approves $15.5 million tax break for Rossonian Hotel development
Denver will reimburse developers working on reviving the Rossonian Hotel up to $15.5 million in sales and property taxes after the council approved the urban development proposal during its meeting Monday.
The decision comes after Denver Urban Renewal Authority found that the site was “blighted,” meaning there are unsafe living or working conditions and environmental contamination.
DURA recommended the city allow “tax increment financing,” or TIF, to remediate those problems and get the project off the ground.
“This tax increment financing is one of the final pieces that makes the Rossonian possible. Without it, this project does not happen,” said Paul Books, one of the owners of the building. “But with it, we are working through the last remaining steps to break ground this summer.”
The project, in the Five Points neighborhood, is part of the Welton Corridor Urban Redevelopment Plan. The six-parcel property is in the namesake intersection of Welton, 27th and Washington streets.
The building, once called the Baxter Hotel, was a popular event space for jazz performances between the 1930s and 1950s. Performers such as Duke Ellington, Ella Fitzgerald and Billie Holiday took the stage there. It is on the National Register of Historic Buildings. The building has been vacant since the 1990s.
Palisade Partners, who purchased the property in 2017, plan to build 126 hotel rooms, a restaurant and an event space. They will also construct a new 8-story building between the Rossonian and the Hooper building as part of the redevelopment.
“We’ve concluded that the project does require assistance in order for it to be delivered as it has been contemplated,” said Bill Pruter, executive director of DURA.
Tax-increment financing, which is essentially a tax break or subsidy, allows developers to freeze how much is paid in property or sales taxes at a base level for up to 25 years, and then reinvest what would be paid above that back into certain elements of their projects.
For this project, the developers will be able to reinvest up to $15.5 million — which would otherwise go to the city’s bank account — into their project.
The city will reimburse the tax dollars for specific project costs mostly related to rehabilitation of the building. That includes up to $6.7 million on the plumbing and HVAC work in the new building and up to $2.3 million on the visible structure of the Rossonian Hotel.
The city will also reimburse up to $155,000 for “project art,” according to a presentation from DURA. DURA requires that 1% of the project’s costs be spent on art.
The tax freeze will last until the $15.5 million is reimbursed or in 25 years, whichever comes first.
“This project will bring new life to one of the most important corners in our neighborhood while preserving one of Denver’s most iconic cultural landmarks,” said Norman Harris, executive director of the Five Points Business Improvement District.
The total project is expected to cost $101 million and to be completed in 2028.
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