by Mark Smiley | Jul 18, 2024 | Main Articles
by Mark Smiley
On July 2, 2024, the Greater Glendale Chamber of Commerce hosted a private fireworks viewing party in the spectacular Try Club at Infinity Park. Nearly 275 guests converged on the facility to enjoy a true VIP experience.
For the third year in a row, the City of Glendale launched the fireworks from the South end of Infinity Park which, as Glendale City Manager Chuck Line calls it, a more intimate experience. The city capped attendance at 4,000 inside the stadium to allow for more room for guests to spread out and offer a relaxed atmosphere. An additional estimated 9,000 people viewed the show from the south park.
“The fireworks proximity to the people and playing the movie [Independence Day] beforehand enhanced the experience, and we foresee doing this for many years to come,” said Line. “Guests inside the park cheered when they destroyed the aliens in the movie and then 15 minutes later we blew off the fireworks. I loved that we were able to provide this for the community. It was a very patriotic 
night.”
Line is already thinking about next year. “Next year will be even better and go to another level,” said Line. “We may allow more people into the stadium and a different movie will be played.”
While the fireworks are not blown as high in the sky as years past, the view from the field where spectators are allowed in with their own picnic, is spectacular. Line admits that viewing from surrounding neighborhoods has diminished but it makes for an easier setup and tear down. Managing the street closures and crowds is more expedited as well. Traffic was cleared after the show within 30 minutes. “Police and public works do a phenomenal job,” said Line. “A lot of preparation goes into this show and they executed flawlessly.”
As far as the private party
for chamber members, they were treated to BBQ from Six Capital Brewing, bottomless popcorn courtesy of the Bull & Bush Brewery, a photo booth from Wild Pearl Photo Booth Co. sponsored by The Alchemy Group, lawn games on the terrace, and a prize wheel with many goodies from Chamber members.
Guests were also treated to bundt cakes from Nothing Bundt Cakes. “Nothing Bundt Cakes have been a strong supporter of our Chamber and the community at large throu
gh the years”, said Jeff Allen, COO, Greater Glendale Chamber of Commerce. “The bundt cakes were a wonderful addition to our already spectacular VIP party. An event I would say is one of the best ever in our 25 year history.”
Chamber members had access to the air-conditioned Try Club and conference room and the entire concourse where they played cornhole, ladder toss, putt putt golf, networked while enjoying a libation from Scrum Enterprises, and, of course, watched the fireworks.
The Chamber has a long history of hosting fireworks parties for its members and this year’s event at the Try Club was one of the most memorable and the third year in a row in the Try Club courtesy of the City of Glendale. For more information about the Chamber or to join to ensure an invitation for next year, visit www.ggchamber.com.
by Valley Gadfly | Jul 18, 2024 | Main Articles
Denver’s Business District Becoming Neighborhoods; Another 1,837 Apartments Planned In The Coming Year
by Glen Richardson
Best Of Broadway: This nine-story medical building was renovated into studio and one-bedroom apartments. Fourteen units are for unhoused patients released from Denver Health.
If you’ve noticed some old buildings getting a new lease on life in Denver, you’re right. The Mile High City ranks among the nation’s top spots for apartment conversions, with about 300 apartments entering the market through adaptive reuse in 2023 — and there are six times more such apartments on the horizon.
In addition to generating more apartments, the trend is likely to bring more people and energy to downtown Denver, hard hit by the pandemic’s work-from-home deluge. Residential conversions are anticipated to bring people and new energy to downtown apart from the workday. If so, stores, restaurants, entertainment, and other amenities of a vibrant lifestyle will optimistically return.
RentCafe’s annual adaptive reuse report shows that apartment conversions are on the rise again in the U.S., having increased by 18% in 2023 compared to the previous year. Plot twist: While office conversions are usually the go-to for future projects, hotel conversions rocked the charts in 2023, hitting a record high. Yet, with 58,000 office projects in various development stages nationwide, office conversions are expected to take the lead again.
Mile High Style
Clarion Converted: Renamed Renewal Village, the 215-room Clarion Hotel is the largest Mile High hotel converted to apartments to date.
Denver is part of the trend, with around 1,000 new units projected to be created through repurposing former office spaces.
Denver ranks 8th among cities with the most conversions in 2023. Developers successfully transformed a school building into 190 apartments, and a 1956 office building located at 655 Broadway is now home to 110 new apartments.
Looking ahead, The Mile High City is a major player in future apartment conversions, with plans to bring 1,837 new apartments to life in the coming year. Office conversions prevail (1,002 units), while repurposed schools (420 units) and hotel conversions (261 units) are also set to expand Denver’s rental market. The remaining units will come from residential conversions.
Metro Area Trend
Street Art: The 10-story Art Institute building was converted into 192 apartments named Art Studios. Nichols Partnership was the hammer that shaped the new art piece.
In the Denver-Aurora-Lakewood metro area, office conversions are expected to be the most popular, mainly due to the 1,000 projected units in the capital city. Following closely are hotel conversions (937 units), including 576 apartments expected to be retrofitted in Aurora.
Adaptive reuse refers to the process of converting an existing building for purposes other than those it was originally designed for. In this article, adaptive reuse is expressed as the conversion of an existing building into rental apartments. The RentCafe study is based on apartment data related to buildings containing at least 50 units.
Data, of course, is subject to change. New properties and markets may emerge, while some properties might not be completed or maintain the same status (other than completed) for several years. Additionally, various factors such as delays, sales, or project abandonment can prevent completion of some properties. Future projects encompass those currently undergoing conversion, as well as those in the planning and prospective redevelopment stages.
Long Local History
Creek Condos: This office building on Cook St. in Cherry Creek was converted into 44 condos named Catalonian at Cherry Creek in the late 1990s.
Conversion of old buildings has a long history in Denver. Marcel Arsenault, founder and CEO of Real Capital Solutions, did his first office-to-residential conversion in Cherry Creek in the late 1990s. The building’s offices were converted to 44 condos, now named Catalonian at Cherry Creek at 180 Cook Street. It was an old office building, and so the price was low. At the same time Cherry Creek residential values were high. Everybody wants to live in Cherry Creek; thus, it made sense for Arsenault to do residential
In 2006, 1600 Glenarm Place, a 31-story tower at 16th Street Mall, was turned into more than 300 units. In 2015 Nichols Partnership converted the former Hotel VQ next to Bronco’s stadium into Turntable Studios, a 13-story complex with 179 studio apartments. In 2022, the owner of Denver’s Petroleum Building filed plans to turn the office building into around 130 apartment units.
Nichols Partnership completed the 10-story, 192 apartment Art Studios — the former Art Institute of Colorado building — in the first quarter of 2023. Located in Denver’s Golden Triangle neighborhood, conversion of the building acquired in 2019 was delayed by the pandemic. Using leftover materials for the school, the rebuild honors the building’s history. Nichols Partnership also converted the five-story One Platte office building, at 1701 Platte St. Completed in the spring 2022, it’s now 90% leased, a testament to both the building and the Platte St. location.
Hotel Renovations
Turntable Trend: In 2015 the former Hotel VQ next to Bronco’s stadium was converted into Turntable Studios, a 13-story complex with 179 apartments.
Denver’s hotel conversions have virtually all been for the city’s homeless plus the migrant invasion. The earliest was in February, 2020 when a former Quality Inn & Suites on Quebec Street in Park Hill was converted into apartments known as Fusion Studios. The changeover provided transitional and long-term housing. At that time, the city required residents to pay up to 30% of their monthly income as rent.
With a new mayor and city council, Denver has been purchasing hotel housing — albeit mostly older properties and most often motels — at a record-setting pace. The tempo has been so fast neither the media nor citizens can keep pace. Here’s a sampling: New Directions, a former Best Western in the 4500 block of N. Quebec St. The city paid $25.95 million for the 194-unit property; Tamarac Family Shelter, previously an Embassy Suites on East Hampden Ave., Denver paid a combined $30.9 million for lease-purchase; Clarion Hotel is Denver’s largest to be converted to housing for the homeless. Renamed Renewal Village, the 215-room hotel was purchased in Jan. 2023 for $24 million — $10 million each from Denver and the Colorado Division of Housing, plus $3.6 million from Adams County.
by Editorial Board | Jul 18, 2024 | Editorials
Editorial —
BS Busted: Lawmakers used budget stabilization or “BS” to withhold millions of dollars from schools to pay for Colorado’s state budget. School supporters have forced the state to begin fully funding K-12 schools with the 2024-25 school year starting Aug. 15.
It’s been a tough, and traumatic 10 years for Denver Public Schools (DPS). Resource officers in-and-out of schools, shootings, suicide threats, plus struggling to keep teachers. And who can forget the dysfunctional School Board during the years Tay Anderson was Vice President, with allegations of misconduct, and censured by fellow board members.
During the same time span Colorado’s politicians — claiming to be big-hearted, benevolent, and sympathetic — told parents they “truly cared about education.” They avowed, and maintained they were “on the front line helping to secure funds for schools.” That’s in spite of the fact the state’s school funding has ranked in the bottom third nationwide for decades.
Call it political tears, politics, and money, or more accurately, worthless “BS!” It’s recently come to light that since 2009-10 the state’s lawmakers — both Democrats and Republicans — created the budget stabilization or “BS factor” — allowing lawmakers to withhold millions of dollars from public schools each year to balance the state budget. The honest, indisputable truth is that from 2009-10 through the just wrapped-up 2023-24 school year, our state government swindled a staggering $38.1 billion in school funds to pay for Colorado’s state budget!
That includes funds for the 76,157 Denver Public Schools (DPS) students that were enrolled in the 2023-24 school year.
Despite years of criticism from parents and educators, plus legal challenges in the courts — the Colorado Supreme Court voted 4 to 3 to uphold the state’s use of the BS factor in Sept. 2015 — nothing had changed through the just closed 2023-24 school year. An entire generation of Denver students never had the opportunity to learn in a fully-funded classroom. Lack of sufficient funding resulted in underpaid teachers, overcrowded classrooms, and limited access to extracurricular activities, and mental health services.
Stolen student funds — all that dough meant to educate our kids — was instead used to pay the staggering 99,222 state workers employed by the state’s executive, legislative, and judicial branches. The cumulative growth rate of Colorado state government has increased by 20.3% in the last 10 years.
Yes, families and their kids were robbed by politicians to pay the people who work for politicians. Selfish, self-seeking, simply unacceptable. Beyond “hoggish,’ it’s wretched, rotten, and second-rate, even for politicians. Is it any wonder that Coloradans are growing increasingly pessimistic about our state government?
Through dedication, determination, spunk, and steadfastness, school supporters have finally forced lawmakers to stop the swindle. The state will begin “fully funding” K-12 schools with the 2024-25 school year that starts Aug. 15.
Abolishing the BS Factor will increase school district budgets to more than $400 per student. Even with the funding uplift, today’s education dollars won’t go nearly as far as they did 14 years ago when the thievery started. Colorado’s school funding ranks in the bottom third nationwide, and per-pupil spending was already below the national average before politicians created the BS Factor to pickpocket kids.
When the 2024-25 school year starts this month, the additional money could result in smaller class sizes, and revive programs such as art classes. In addition to providing students with higher-quality education, added funds may also improve pay for teachers and staff.
Eliminating the BS Factor is a crucial step to ensuring that DPS schools have the resources to provide students with the education they need. But don’t get unduly psyched up. When adjusted for inflation, spending for schools will be about the same as it was in 1989. Denver Public Schools will net about $14 million. DPS Chief of Finance Chuck Carpenter acknowledges the increase is encouraging and will give the district a shot in the arm. Nevertheless, he calculates it will equal about $174 per student or 1% of the district’s $1.4 billion budget.
Reckless, rash, imprudent, and irresponsible, state politician’s use of the BS factor to rip-off school funds exposes the vulnerability of public schools to fraud. Straight from the shoulder, the ethically and morally wrong scheme, scam, and swindle was and is deceit and deception at its nastiest. Albeit, regrettably successful. Parents and educators must create/construct a system of oversight to spot, address, and stop future attempts by state lawmakers to siphon-off school funds for political purposes. What’s at stake in future oversight: Theft of funds from our public schools not only harms students, but also undermines public confidence in our public education system.
— Editorial Board
