With apartments going up by the hundreds, as well as residential lofts and commercial development, the heart of downtown is getting a makeover.
Joe Clement of Re/Max Properties speculates that we’ll see single-family, multi-family and condo growth in the south downtown area once the Olympic Museum is near completion. The area is prime for walkable urban living and is drawing people from all stages who want to simplify their lifestyle and build tight-knit community. The only missing convenience is a downtown grocery store—although Natural Grocers and Safeway on South Nevada are only a few blocks from Ivywild and about 1.5 miles from the city center.
“Downtown has that sense of community, knowing your neighbors,” says Bethanie Smith of Action Team Realty. “You can walk or bike to almost everything: events, activities, running clubs, new breweries and restaurants. It’s urban living without moving to a major city.”
Average sale price 2018:* $278,776 (80903, 80907); lofts and condos range from mid $300s to $600s
Average rent: $1,001 (2 bd, 1 ba central), new studios start around $1,000
High School: Palmer, 4/10 Great Schools
What you’ll find in the garage: Smart Car, commuter bike
Hot spots: Loyal Coffee, Iron Bird Brewing, Tejon Street restaurants and bars—the 500 block has boomed with the likes of Denver Biscuit Company, Streetcar520, Dos Santos, Cork & Cask and more.
Trailside: The Pikes Peak Greenway Trail provides an arterial connector to America the Beautiful Park, Monument Valley Park and just about any trail network to the north or south.
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Just across the highway, Ivywild is popping to the south. With the Ivywild School and Bristol Brewing at its heart, the historic ’hood has seen the first of its new townhomes and commercial centers open, with more residential and retail transformation in the works.
Average sale price 2018:* $282,041
Average sale price per square foot:* $171