Enforcement of Denver’s short-term rental regulations, which were passed in the summer of 2016, started January 1, 2017. However, not all hosts seem to have gotten the message, with only about 18 percent of Denver properties on Airbnb including their license numbers in the listing—a requirement under the new regulations. Continue Reading Hosts of Short-Term Rentals Slow to Obtain Licenses, Face Hefty Fines
The housing crunch in Colorado, and specifically, in Boulder, is well documented. Last week Boulder’s City Council took a small and controversial step towards easing that crunch within its limits by finalizing and approving a co-operative housing ordinance.
The ordinance allows for the licensing of 10 new co-operatives each year commencing in 2017 year, including rental, nonprofit and equity co-operatives. In Boulder’s low-, medium-, and high-density zoning districts, co-operatives will be capped at 12, 15, and 15 occupants, respectively. All co-operatives must offer at least 200 square feet per resident. There is no lot-size requirement. The city manager will have authority to revoke co-operative licenses.
Despite the fact that the new co-operatives will account for a fraction of Boulder’s 40,000 housing units, co-operatives have been one of the city’s most divisive topics since it was broached in January 2016. City council deliberated on the issue for 12 months, received thousands of public comments, and held four long and crowded public hearings, with the final vote coming at 1 a.m. in front of a packed City Council chambers. Supporters argue that co-operatives offer a sustainable solution to the affordable housing shortage and an option for the increasing demand for alternative living arrangements. Opponents contend that the co-operatives will spoil the character of their single-family household neighbors. Boulder, however, has promised to closely monitor co-operatives to ensure they are complying with the ordinance; councilman Matt Appelbaum, who voted in favor of the ordinance, stated that co-operatives “are going to be the most closely watched houses in the city of Boulder. Probably in the city’s history.”
Boulder is expected to formally adopt the ordinance at the City Council’s January 17 meeting. Once that occurs, the city must be prepared to issue licenses within six months.
As Denver’s housing market continues to thrive, so, too, do the development-related concerns of existing residents. The rapid pace of development in many City-close neighborhoods has at times pitted residents desiring attractive, pedestrian-oriented communities against developers responding to high demand for urban housing options. On Monday, August 22, 2016, the Denver City Council passed a pair of City-wide development moratoria aimed at addressing parking and architectural issues. CB16-0498 concerns use of the City’s small zone lot parking exemption. CB-16-0541 places a one-year moratorium on use of the Zoning Code’s Garden Court Building Form. Both bills passed with a unanimous vote of Councilmembers present and took effect August 25, 2016. Continue Reading Denver City Council Passes Pair of Development Moratoria
Colorado’s growing high-tech scene is currently driving the office leasing activities in metro Denver. According to CBRE’s Colorado Tech Book 2016, high-tech companies leased 1.1 million square feet of office space, or 16.5% of the total leased space, in metro Denver last year, making it the largest industry represented in the market. Overall, technology firms are leasing approximately 9.8 million square feet in metro Denver and 15.5 million square feet in Colorado.
This post was authored by Otten Johnson summer law clerk Alex Gano. Alex is a third-year law student at the University of Colorado Law School.
On July 12, Denver Mayor Michael Hancock and Councilwoman Robin Kniech announced the final details of their plan to create the City’s first “dedicated funding stream” for affordable housing. The Office of Economic Development estimates that two sources of revenue will generate a minimum of $150 million over the next ten years, which the City will invest in at least 6,000 new and existing affordable housing units. Continue Reading Denver’s Proposed “Permanent Affordable Housing Fund”: What to Expect