A bill for an ordinance amending Ordinance No. 400, Series of 2008, as subsequently amended by Ordinance No. 1659, Series of 2024, Ordinance No. 1208, Series of 2025, Ordinance No. 1279, Series of 2025, and Ordinance No. 1427, Series of 2025, thereby amending the boundaries of the Denver Downtown Development Authority. For an ordinance amending Ordinance No. 400, Series of 2008, as subsequently amended by Ordinance No. 1659, Series of 2024, Ordinance No. 1208, Series of 2025, Ordinance No. 1279, Series of 2025, and Ordinance No. 1427, Series of 2025, thereby amending the boundaries of the Denver Downtown Development Authority. The Committee approved filing this item at its meeting on 10-28-2025.

This ordinance amends Ordinance No. 400, Series of 2008, to expand the boundaries of the Denver Downtown Development Authority (DDDA). The expansion includes 500 16th Street (Denver Pavilions) and two surface parking lots at 1505 Glenarm Place and 1518 Glenarm Place, along with other private and city-owned parcels like Civic Center Park, McNichols Building, and Skyline Park. The DDDA plans to acquire Denver Pavilions for $37,000,000 and the two parking lots for $23,000,000, using up to $45,000,000 for the Pavilions acquisition, maintenance, and leasing. This initiative, approved by the DDDA Board on September 30, 2025, aims to revitalize Upper Downtown by addressing blight, increasing jobs, and fostering mixed-use development, with the acquisition closing expected by December 19, 2025.

This expansion aims to revitalize downtown areas like 16th Street and Upper Downtown, potentially bringing new businesses, jobs, and residential options, but properties included in the DDDA boundaries will be subject to taxes for the benefit of the Authority.

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