West Colfax evolves and diversifies to create hip, urban neighborhood

3 years ago 394

The West Colfax vicinity continues to make and diversify arsenic erstwhile commercialized sites go lodging and mixed-use projects.

“It’s been absorbing to ticker the country alteration the past mates of years,” says Megan Porter, 8z existent property agent. “The country has been revitalizing for a while, and we’re not seeing immoderate signs that improvement volition dilatory immoderate clip soon.” 

Porter says the neighborhood, named for its large postulation artery, draws a premix of homebuyers, including young professionals, young families, and first-time buyers. It besides appeals to investors and developers who are looking for their adjacent opportunity. 

With a median closing terms of $599,000, properties person appreciated 11 percent implicit the past twelvemonth and enactment connected the marketplace for 7 days, Porter says. 

Allie Carlson, West + Main managing broker, says improvement successful the country southbound of Sloan’s Lake is driving up prices and beautifying the neighborhood. “We’re seeing pockets wherever prices are approaching $900,000 to $1 million,” she says.

In summation to the area’s accepted single-family classical bungalows and ceramic Tudor homes, caller improvement adds modern townhomes, rowhomes, duplexes, and condos.

New improvement projects successful the vicinity see Aspen Row, a luxury townhome task with rooftop patios, and Lakehouse, a 12-story condo task astatine 4200 W. 17th Ave. that overlooks Sloan’s Lake and volition go the 3rd Denver metro determination for ChoLon Modern Asian bistro

An active, thriving neighborhood

The progressive vicinity offers recreation opportunities astatine Sloan’s Lake and casual entree to downtown and the Denver Tech Center via Colfax Avenue oregon airy rail. It’s besides an casual thrust to get to the mountains. 

With its hip, municipality feel, the vicinity offers an eclectic premix of eating opportunities, including Alamo Drafthouse Cinema Sloans Lake, Sidewok Café, Frank’s Bar-B-Que, Odell Brewing Sloan’s Lake Brewhouse & Pizzeria, The Patio astatine Sloans, El Consome De Morelos, Los Mesones Restaurant, the archetypal Big Daddy’s Pizza, and Mizuumi Ramen & Sake.

The West Colfax Business Improvement District was formed successful 2006 to assistance instrumentality the goals of the West Colfax Plan. The group’s precedence was to beforehand adopting Main Street zoning on the engaged street, which initially connected to cardinal Denver via streetcar. 

The radical continues to beforehand concern expansion, investment, development, and vicinity revitalization arsenic it works to marque West Colfax Avenue Denver’s sustainable Main Street. 

A agelong history

The West Colfax Association of Neighbors, known arsenic WeCAN, serves the vicinity by bringing neighbors unneurotic done a premix of societal events and unpaid opportunities, including 2 vicinity cleanup days and outpouring histrion planting. 

Although WeCAN was founded successful 2009, the Denver vicinity was incorporated successful 1887. The neighborhood’s namesake thoroughfare was primitively known arsenic the Golden Road and was the main corridor betwixt Golden and Denver. The Colfax-Larimer viaduct was built successful 1917 to link the vicinity with downtown Denver. 

In 1938, Colfax Avenue became portion of the transcontinental way known arsenic U.S. 40. Colfax Avenue, a 26-mile agelong from Aurora done Denver and Lakewood to Golden, remains the longest thoroughfare successful the U.S.

The quality and editorial staffs of The Denver Post had nary relation successful this post’s preparation.

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