Denver is poised to invest $570 million into its downtown through a new expansion of the Downtown Development Authority (DDA), approved by roughly 78 percent of eligible voters near Union Station. This funding, authorized through Ballot Measure 6A, allows the DDA to issue debt for revitalizing downtown spaces without increasing tax rates, instead using tax-increment financing based on existing sales and property taxes. The new funds aim to address several critical areas, including housing, public spaces, and economic growth. The DDA plans to support mixed-use developments, including adaptive reuse projects for existing structures to create hotels, retail spaces, and housing options for diverse income levels. It will also enhance street-level retail, add childcare facilities, and improve amenities to encourage office workers to return downtown.
Revitalization efforts will extend to green spaces and cultural venues, with funding allocated to upgrade parks, plazas, and landscaping, and to boost the cultural scene through new venues, public art, and spaces for artists. Improved infrastructure will include widened sidewalks, upgraded lighting, and expanded bike and micro-mobility options to enhance downtown accessibility.
The DDA will remain active until 2038 when all debts must be repaid. Denver’s City Council will review the expanded DDA plan on November 19, with public input scheduled for December 9. This will provide a forum for community feedback on the upcoming downtown transformation.
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