WYNKOOP MERCANTILE LOFTS 1792 Wynkoop Street

The 15 units at the Wynkoop were sold “over the bar” according to developer (Governor Elect & Denver Mayor) John Hickenlooper whose project was the second successfully funded loft conversion.  The buyers were induced with very low base purchase prices to sign the construction loan. The lofts are above the Wynkoop Bar & Brewery (Denver’s first Brew Pub) The Lofts are Located across from Denver’s Historic Union Station in the Heart of LoDo

Edbrooke Lofts 1450 Wynkoop Street

The Edbrooke project was the first for sale loft project in Lower Downtown Denver (LoDo), Developed By Dana Crawford.  It is 44 lofts with adjacent two level parking.  The Loft project features include common roof deck as well as several lofts with private decks.  Heavy timbers, exposed brick and windows on four sides of the building make the Edbrooke one of the most desirable buildings in LoDo.

Denver’s Trendy Lower Highlands, also called LoHi is located adjacent to Riverfront Park on the West Side of I-25. It is close enough to Downtown and LoDo with only a short jaunt across the walking bridge on 16th street and Commons Park. LoHi is full of life, you can lose a Sunday afternoon at LoLa’s sipping Cocktails listening to Jazz and eating Tacos overlooking the skyline.

The Neighborhood overlooks the new Commons Park, the Central Platte Valley and the Downtown Denver Skyline. The street have some of the oldest real estate in the city going back to the mid-1800′s along with moden infill townhomes w/rooftop patios that overlook the skyline

•¨      Commons Park is a 30-acre park with wetlands and trails along the South Platte River.

·¨      The 16^th Street Mall Shuttle will connect the 16^th Street Mall to the Central Platte Valley and the Highlands.

•¨      The Light Rail Spur connects riders between Central and Southwest Light Rail Lines to Denver Union Terminal and 16^th Street Mall and many of the Central Platte Valley’s attractions including Coors Field, Invesco Field, Auraria Campus, and The Pepsi Center.

Attractions you love are so close.  Many restaurants, brew pubs, espresso bars and night spots are all nearby. The Denver Center for the Performing Arts brings Broadway to your doorstep and four major league sports teams are in the downtown area. LoHi is definitely on the rise, buy now because LoHi is Denver’s most happening Neighborhood

LoDo | Riverfront

$300,000 – $2,000,000 price range

12 Month Evaluation – 58 sold properties in last 12 months.  58 divided by 12 months equals 4.83 properties sold per month.  There are currently 74 active comparable properties on the market.  74 divided by 4.83 equals 15 months of worth of inventory.  This means a strong buyers market.

An absorption Rate of 5-7 is considered a normal market. Less than 5 is a sellers market and more than 7 is a buyers market.

Normal Market – In a normal market there is a 5-7 month supply of homes. A normal market has a balanced level of inventory where the market is not leaning in either the seller’s or buyer’s favor.

Seller’s Market – In a seller’s market there is less than 5 months supply of homes. Since there are fewer homes to choose from, sellers are in control and buyers have to be willing to pay top dollar to get the home that they want. Multiple offers are often the norm in a seller’s market.

Buyer’s Market – In a buyer’s market there is more than 6 months supply of homes. Buyers are in control since there are so many homes from which to choose from. Sellers often have to give an incentive (pay for closing costs or pay for repairs) to buyer’s to buy their home.

Lower Highlands, also called LoHi is located adjacent to Riverfront Park on the West side of I-25. It is close enough to Downtown and Lodo with only a short jaunt across the walking bridge on 16th street and Commons Park. LoHi is full of life, you can lose a Sunday afternoon at LoLa’s sipping Cocktails listening to Jazz and eating Tacos overlooking the skyline.

The Neighborhood overlooks the new Commons Park, the Central Platte Valley and the Downtown Denver Skyline. The street have some of the oldest real estate in the city going back to the mid-1800′s along with modern infill townhomes w/rooftop patios that overlook the skyline

• Commons Park is a 30-acre park with wetlands and trails along the South Platte River.
• The 16th Street Mall Shuttle will connect the 16th Street Mall to the Central Platte Valley and the Highlands.
• The Light Rail Spur connects riders between Central and Southwest Light Rail Lines to Denver Union Terminal and 16th Street Mall and many of the Central Platte Valley’s attractions including Coors Field, Invesco Field, Auraria Campus, and The Pepsi Center.

Attractions you love are so close.  Many restaurants, brew pubs, espresso bars and night spots are all nearby. The Denver Center for the Performing Arts brings Broadway to your doorstep and four major league sports teams are in the downtown area. LoHi is definitely on the rise, buy now because LoHi is Denver’s most happening Neighborhood

Boundaries:  Larimer Street, Speer Boulevard, Wynkoop Street and 20th Street

Population:  2,180

Overview: Lower Downtown–or LoDo, as it is commonly referred to–is located in the area where Denver was founded in 1858 by General William Larimer. Redolent with history, this neighborhood of three and four story red brick buildings was built on the site of Denver’s first Gold Rush settlement. I have been working and playing in LoDo since 1992 when the only bars were The Cruise Room, The Wazee Supper Club and Billabongs. Coors Field was just a Field of Dreams, Now the Colorado Rockies are the 2007 National League Champions. What a transformation and what a Rocktober in Denver. Today, LoDo is a vibrant 25-block urban neighborhood and tourist destination.

Lower Downtown was a bustling commercial area during Denver’s early years. However, much of Denver’s industrial economy shifted away from Lower Downtown after World War II, and almost one-fifth of the buildings in the area were demolished in the 1960s and 1970s. In order to preserve Denver’s historic legacy, Denver City Council created the Lower Downtown Historic District in 1988. The historic district designation introduced zoning ordinances that limited building heights, preserved dozens of buildings from the wrecking ball, and instituted strict guidelines for building rehabilitation and new construction.

Today, LoDo is a  neighborhood with lots of entertainment options. Art galleries, dozens of restaurants, brewpubs, jazz clubs, and specialty retail stores line the ground floors of historic buildings. LoDo Loft residents enjoy proximity to outdoor parks, including the Cherry Creek bike path, the 16th Street Mall, The Pepsi Center, and the recently completed 30-acre Commons Park in the Central Platte Valley. Coors Field, home of the Colorado Rockies, anchors the neighborhood at 20th and Blake Street. Wynkoop Street is home to historic Denver Union Station, the Tattered Cover bookstore, and the Wynkoop Brewing Co., Denver’s first brewpub (and the country’s largest) that opened in 1988.

Most recently I lived in West End Lofts (In the Bridge Loft over the Alley) and walked my Labradoodle around the street’s of LoDo 4 times a day. So you could say that I do Know this Neighborhood every street and every alley.