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Denver Approves $65,700 Annual Assessment for Broadway Pedestrian Mall Maintenance

  • When: 2025/12/01
  • Address: South Broadway Corridor between Bayaud Ave and Alameda Ave, Denver, CO
  • City: Denver
  • State: CO
  • Category: Economic Development Incentives
  • Subcategory: Special Improvement Districts
  • Asset Class: Land
  • Property Type: Placemaking
  • Size (Dollars): $65,700

The Denver City Council has approved an ordinance for the 2026 annual assessment costs for the Broadway Pedestrian Mall Maintenance District A. The total annual cost for the operation, maintenance, and care of the pedestrian mall is set at $65,700. A portion of this cost, $57,042.33, will be assessed against the commercial properties benefiting from the district, while the City and County of Denver will cover the remaining $8,657.67. This ordinance, requested by the Department of Transportation and Infrastructure, continues the funding mechanism for the upkeep of this public space in Council District 7. The assessments constitute a lien on the subject properties to ensure payment.

Source

City Representative - Brendan Kelly