Denver Downtown Development Authority
Coverage of Denver Downtown Development Authority in the Nexus archive.
- Denver wants to know how failed immersive theater spent $400,000
Denver is investigating how the failed Denver Immersive Repertory Theater spent a $400,000 loan from taxpayers. The theater missed rent payments despite receiving funds for that purpose and has terminated its lease, prompting the city to seek an accounting of the loan. The project, intended to transform a downtown building into an immersive theater, was evicted and never opened.
- Denver could loan $7M to bring Ikon operator from RiNo to downtown
The Denver Downtown Development Authority will loan up to $7 million to Alterra Mountain Company to move its headquarters from Denver's River North district to downtown, creating 400 jobs. The $20 million project requires Alterra to relocate its offices to the Central Business District, where it currently leases space in the Zeppelin Station.
- Denver Mayor announces new $100 million plan to bring in 10,000 jobs
Denver Mayor Mike Johnston announced a $100 million four-part job creation plan to support 10,000 jobs over three years, focusing on sectors like aerospace, cybersecurity, and green construction. The initiative, funded by the Denver Downtown Development Authority and the Office of Economic Development and Opportunity, aims to boost local businesses and attract new companies to the area.