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Denverite

Who’s funding Vibrant Denver? Big developers, nonprofits and tax-funded arts groups
Denverite, Approved, Local

Who’s funding Vibrant Denver? Big developers, nonprofits and tax-funded arts groups

By Kyle Harris | Denverite One notable booster hasn’t donated yet. A who’s who of Denver cultural giants, developers, construction industry leaders and nonprofits are donating big to Mayor Mike Johnston’s Vibrant Denver bond campaign. Vibrant Denver Bond, the committee raising money for the effort, had brought in more than $1 million as of the end of September.  The opposition to the bond, Citizens for NO New Debt, had raised just over $3,000. The group argues that Denver should avoid incurring debt and hold off on starting new projects until the city can afford to do the work without bonds. Taxpayer-funded cultural groups are among the biggest donors. The five regional taxpayer-funded Tier One Scientific and Cultural Facilities District institutions – the Denve...
Denver City Council Pushes Back On Xcel Energy Franchise Extension
Denverite, Approved, Local

Denver City Council Pushes Back On Xcel Energy Franchise Extension

By Denverite Staff | The Denverite The Denver City Council threw a curveball for Mayor Mike Johnston’s administration and the state’s most powerful utility on Monday night. Xcel Energy is seeking an extension of the franchise agreement that allows it to operate in Denver. The agreement, up for renewal after 20 years, requires the approval of Denver voters. But on Monday, the city council voted against placing the measure on the November election ballot. Council members raised a variety of concerns about Xcel’s service in the city, and said they wanted to take more time to talk with community members and negotiate the agreement. The city council may still have time to place a modified measure on this November's ballot, or it could wait for an election next year, but city leaders...
Denver housing sales tracking at slower pace as inventory hits highest since 2011
Denverite, Approved, Local

Denver housing sales tracking at slower pace as inventory hits highest since 2011

By Andrew Kenney | Denverite There were 14,000 single-family homes, condos and townhomes for sale around the Denver metro at the end of July.  That meant homebuyers had more options than at any time since 2011 — though it was only a slight increase in inventory from the month before, according to the latest report from the Denver Metro Association of Realtors. Housing inventory is piling up because homes are selling more slowly. Just a few years ago, most homes were selling in under a week. But the typical single-family home now takes 20 days to sell, and some sit around much longer.  The DMAR report covers 11 counties around Denver, including Boulder, Jefferson, Douglas, Adams and Arapahoe. The slower pace of sales also gives buyers more time and leverage to ask...
Denver Airport Nuclear Plans Hit Pause Amid Local Concerns
Local, Approved, Denverite

Denver Airport Nuclear Plans Hit Pause Amid Local Concerns

By Paolo Zialcita | Denverite Less than a week after city leaders announced they would study the possibility of building a small modular nuclear reactor at Denver International Airport, those plans have been delayed following pushback from a member of Denver City Council. Councilmember Stacie Gilmore represents District 11, which includes the airport. Gilmore said she had not been consulted before Mayor Mike Johnston and airport leadership announced the plans for a feasibility study of nuclear power. “There had been no conversation with myself, the council office, none of the [registered neighborhood organizations], no one in the community about even the idea of a feasibility study, and nothing said about the natural resources that might be affected by that feasibility study,” Gil...
From $6B to $950M: Denver’s ‘Vibrant’ bond trims housing while boosting cultural projects and road funding
Denverite, Approved, Local

From $6B to $950M: Denver’s ‘Vibrant’ bond trims housing while boosting cultural projects and road funding

By Kyle Harris, Andrew Kenney | Denverite The Denver City Council made final changes to the debt proposal, which is likely heading to voters this November. Denver City Council members made tens of millions of dollars of changes to the Vibrant Denver bond proposal on Monday night. The council added funding for traffic calming measures for two major avenues, but reduced funding for affordable housing. The final package also includes more funding for an American Indian Cultural Embassy. The proposal would ask Denver voters this November to approve $950 million of debt funding for nearly 60 infrastructure projects, ranging from rebuilding bridges to building new parks and maintaining cultural attractions. On Monday, city leaders added: $15 million in funding for an Amer...
Denver’s $800M bond plan sparks backlash over priorities, transparency
Denverite, Approved, Local

Denver’s $800M bond plan sparks backlash over priorities, transparency

By Paolo Zialcita | Denverite The package can still change significantly depending on actions from the mayor and Denver City Council. On Tuesday, we learned how the city plans to spend $800 million from a proposed new bond package. Members of the Vibrant Denver bond’s executive committee unveiled the project list after weeks of work to pare down ideas from city agencies, organizations and neighborhoods.  The bond process was criticized by community members and city officials for being rushed and not properly incorporating public feedback — and Tuesday’s rollout drew a strong reaction, too, with some Denver City Council members implying they could vote to block the proposal. The package will go before voters in November, though the project list could ...
$6 billion wish list, $800 million budget: Denver’s bond scramble is heating up
Denverite, Local

$6 billion wish list, $800 million budget: Denver’s bond scramble is heating up

By Paolo Zialcita | Denverite Everyone wants a piece of the Vibrant Denver Bond pie. Denver has a rare opportunity to fund $800 million of capital projects in one fell swoop later this year — and everyone is clamoring for a piece of the pie.  If voters approve the measure this November the city will take out debt for a wide range of capital projects. But while $800 million may sound like a lot, it isn’t nearly enough to pay for everything city officials and residents want to build.  More than 220 projects appeared on an initial list the city is considering. Building all those projects would cost $6 billion, far more than what the city can afford. And whittling down the list hasn’t been easy.   The city’s cultural institutions — like the Boettcher Con...
‘Congressional inquiry’ triggers $250K legal tab for Denver’s sanctuary city stance
Approved, Denverite, Local

‘Congressional inquiry’ triggers $250K legal tab for Denver’s sanctuary city stance

By Andrew Kenney | Denverite A high-powered Washington law firm helped Mayor Mike Johnston and the city prepare for a Congressional hearing. The legal bill is coming due for Denver's response to a congressional inquiry. The city recently received an invoice for $250,000 from Covington & Burling, the high-powered Washington law firm the city hired as it faced federal scrutiny over its immigration policies. The city has been represented by Dana Remus, who previously was the White House counsel for former president Joe Biden. The contract began Feb. 1 as Mayor Mike Johnston was preparing to testify before the Republican-led U.S. House Oversight Committee. Over the next two months, the city incurred $250,000 in legal fees with the firm, according to an invoice submitted...
Denver City Council braces for layoffs, deep cuts—but Mayor Johnston delays details
Approved, Denverite, Local

Denver City Council braces for layoffs, deep cuts—but Mayor Johnston delays details

By Kyle Harris | Denverite Here’s what Denver City Council members said at their big budget meeting. The Denver City Council met atop Lookout Mountain at Golden’s Boettcher Mansion last week to plan for the 2026 budget. The elected leaders knew they would likely need to make cuts — but nobody knew just how bad the city’s fiscal situation might be. “I’ve been hearing rumors of layoffs and furloughs,” Councilmember Stacie Gilmore said as the all-day meeting began on Friday. The city’s rumor mill is spinning furiously, with some employees fearing budget cuts up to 30 percent, Gilmore said. That would be an extraordinarily high number for an overall budget cut, considering city revenues shrank by 9 percent amid the 2008 financial crisis. Asked for more detail, Gilmore reiterated...
Denver rent down $65, but rising costs leave renters struggling
Approved, Denverite, Local

Denver rent down $65, but rising costs leave renters struggling

By Kyle Harris | Denverite When Cassie Welch Rubin moved to Denver in 2022, she paid $1,400 a month for a bug-infested, rundown studio apartment in University Hills, a neighborhood she hated. To get to her job, she took a two-hour bus ride each way.   This year, Rubin left her University Hills studio for a one-bedroom in Capitol Hill. She’s still paying $1,400 – but for a larger place in a central Denver neighborhood. “I’m really happy with the location,” she said.  Trees line the blocks. She’s close to museums, the botanic gardens and the zoo. She wakes up long before dawn for her 3 a.m. shift as a produce manager at King Soopers. But now she’s a short walk — not a two hour-long bus ride — away from her job. Like many other renters in Denver, Rubin has found ...

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