
By: Colette Bordelon | Denver7
With “for lease” signs scattered throughout the City of Boulder, housing experts effort solutions to high commercial vacancy rate.
BOULDER — Almost six years have passed since the start of the COVID-19 pandemic and downtown Boulder still faces a “historic” commercial vacancy rate, according to experts working closely on the complex issue.
“Real estate is, if not the No. 1, it’s the No. 2 question that we have,” said Jonathan Singer, senior director of policy programs with the Boulder Chamber. “Right now, we are looking at a historic commercial vacancy rate. Not just in our community, but across the world.”
The number of empty buildings throughout the city, with “for lease” signs hanging in their windows, is all Max Lord can see as he drives around Boulder.
“Vacancy. Vacancy. Vacancy,” Lord said, pointing as he drove along. “There’s a joke in my video that I’m like, ‘Once you notice it, it’s actually kind of creepy.’ But it’s true.”
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