Office buildings, hotels, retail space and apartments — LOTS of apartments — are going up simultaneously in metro Denver’s southeast market, a group of busy developers told a standing-room-only crowd Tuesday.
“We all have to work together to make it work for everyone,” Walter A. “Buz” Koelbel Jr., president of Koelbel and Co., told the crowd at NAIOP Colorado’s “Southeast Market Update” program at the Denver Marriott City Center.
Koelbel spoke of the collaboration between developers, government officials and taxpayers that paved the way for light rail and the “T-Rex” Interstate 25 expansion project though the area.
Now, most of the development happening in that southeast market is along that I-25 corridor, close to mass transit and enabling transit-oriented development areas.
“Denver is now a true showcase,” Koelbel said. “We have so much to celebrate, but the evolution didn’t just happen. A lot of people with a vision came together and executed that vision. … You can’t legislate or force smart growth.”