$382,723Average Value$560Average Price per Sq Ft77Homes For Sale
Living in the heart of Denver in the Central Business District
Towering high rises, an eclectic restaurant scene and nightly events are all part of living in Denver's Central Business District. In the heart of downtown, the neighborhood is known for its active business scene and event spaces, just east of Metropolitan State University of Denver. While the local housing scene is limited to high-rise condos and refurbished industrial buildings, residents enjoy walkability and easy access to transit and nightlife.
Sculpture Park highlights the Downtown Denver skyline.
The area is known for its walkability and active shopping scene.
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High density housing and restored historic buildings
Central Business District’s housing market features high-rise condos and historic buildings like the Denver Dry Goods Company building and the Neusters Department Store building, both of which have been repurposed into loft-style units. “What’s cool about the Denver Dry Goods building is that they’ve preserved a lot of its original finishings,” says Mark Trenka, a local Realtor with Century 21 Trenka Real Estate. “It used to be a department store, and you can still see the old tea room.” Many complexes include fitness centers and on-site security. Options range from one-bedroom units with around 500 square feet to luxury condos with over 2,500 square feet. Prices range from the upper $100,000s to around $1.1 million, but some luxury builds reach $2.8 million to $5.7 million.
Spire Condos are a perfect example of urban condo living.
The Denver Dry Goods Company building in Central Business District now offers loft-style condos.
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Walkability and public transit
One of the biggest perks of living in the Central Business District is its walkability, with popular restaurants, shops and amenities all within a few blocks of home. “Walkability and access to transit is a huge draw to the area,” Trenka says. “A lot of people don’t feel the need to have a car when they live here.” Regional Transportation District (RTD) operates bus routes across town and the city’s light rail system, with five rail stations within the neighborhood. Interstates 25 and 70 are both close by and can take drivers across the Denver area or to nearby cities like Fort Collins and Colorado Springs. For long distance travel, Denver International Airport is about 22 miles away, and the A Line offers direct service from Union Station.
Locals can get a great dinner and drinks at Appaloosa Grill.
Popular restaurants and shopping within reach
“The Central Business District is kind of the pulse of downtown,” says Nicholas Dembeck, a broker associate with The Agency who has over 15 years of experience. “There is a vibrancy in this area that one would truly call the downtown lifestyle comparable to other big cities.” Dozens of locally owned businesses line the streets, from cozy coffee shops to outdoor gear stores. For a meal out, you can:
Reserve a table at Appaloosa Grill, which serves American comfort fare and has nightly live music
Enjoy a burger and a beer at the family-owned West Saloon & Kitchen
Savor a large brunch at Sam’s No. 3
For more shopping, Denver Pavilions has a wide variety of businesses close to home.
Traditionally dressed ladies of the Cherry Blossom festival pose in Central Business District.
Nightlife and events in the Central Business District
The neighborhood serves as a hub for city events, from concerts to holiday celebrations. The Denver Performing Arts complex hosts theater performances, concerts, comedy and more. “No matter what you’re looking for arts-wise, it’s the key place to go,” says Caroline Campbell, Public Relations and Communications Manager for Visit Denver. “I grew up in the suburbs of Denver, and we would often come to Downtown to watch plays like ‘The Nutcracker.’” Outside the venues, Sculpture Park is known for its towering 60-foot sculptures dubbed “The Dancers.” Popular annual events in the area include:
The Denver Public Schools Shakespeare Festival, when local students perform scenes and sonnets at the Denver Center for the Performing Arts
The Underground Music Showcase, a three-day festival featuring local and nationally known artists.
The Denver Chalk Art Festival, where muralists and street painters add color to the sidewalks every June in the nearby Golden Triangle Creative District
The Outside Festival and Summit, which features live music, adventure documentary showings, yoga sessions and workshops in Civic Center Park.
Parks and recreation near the city’s center
Civic Center Park offers green space, picnic tables and an amphitheater near the Colorado State Capitol building. “In the summer it’s just a great place to spend your time. On Wednesdays there are food trucks that come to the park,” Campbell says. City Park is a few miles east and is home to the Denver Zoo, the Denver Museum of Nature and Science, and over 300 acres of athletic fields, walking trails, playgrounds and ponds. The Rocky Mountain foothills serve as the backdrop of downtown Denver, and you’re just a short drive from popular hiking areas like Table Mountain and Green Mountain.
The Denver Performing Arts Complex in Central Business District features events all year long.
Residents and visitors can enjoy the Sculpture Park downtown.
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Written By
Jillian Pillow
Photography Contributed By
Mark Huddleston
Video By
Patrick Johnson
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Agents Specializing in Central Business District, CO
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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Crime and Safety
1 - Low Crime, 10 - High Crime
Central Business District
US
Homicide
8
4
Sexual Assault
9
4
Assault with Weapon
8
4
Robbery
7
4
Burglary
10
4
Motor Vehicle Theft
10
4
Larceny
10
4
Crime Score
9
4
Source: WhatIsMyCrimeRisk.com
Central Business District Demographics and Home Trends
On average, homes in Central Business District, Denver sell after 81 days on the market compared to the national average of 55 days. The median sale price for homes in Central Business District, Denver over the last 12 months is $469,000, up 8% from the median home sale price over the previous 12 months.
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Brigette ModglinKentwood Real Estate City Properties
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