Apartment Trends Magazine May 2018 | Page 18

DEVELOPMENT OVER 5 DECADES NUMBER OF COMMUNITIES BUILT IN THE LAST 50 YEARS '78 '79 '77 '76 '75 Based on data courtesy of Cary Bruteig and Apartment Appraisers & Consultants. '68 IDENTITY CRISIS '70 339 '73 All data is based upon communities with 50 or more units. '69 1968-1979 '74 COMMUNITY NAME CHANGES OVER THE PAST 50 YEARS '71 COMMUNITIES 65 1972 '88 '89 '87 '86 '80 58% OF COMMUNITIES HAVE CHANGED THEIR NAME AT LEAST ONE TIME 90 COMMUNITIES HAVE HAD AT LEAST FOUR DIFFERENT NAMES '81 1980s 172 '82 COMMUNITIES 31 Denver Market by the numbers '83 1985 '84 '90 '91 '92 '99 '93 1990s 31 '94 148 1998 Villages at Gateway (Dunhill Crossing, Sandstone, Devonshire, Villages at Gateway East & West) Creekside at Highlands Ranch (Park at Creekside, Park at Highlands Ranch, Oasis Creekside, Camden Creekside) Griffis Belleview Station (Enclave at Belleview Station, Marquis at DTC, Deer Creek, Cierra Springs) Advenir at Del Arte Townhomes Alvista Highline, Oasis on the Highline, Wentworth on the Highline; Wentworth II '95 COMMUNITIES '97 '96 '09 34 '00 2001 '08 2000s 179 '07 '06 '05 COMMUNITIES '04 '17 '16 '15 '10 There is an estimated 282,772,000 square feet of rentable area in Denver. This is equal to about 7.5 Cherry Creek Reservoirs. '02 '03 '11 2010s '12 COMMUNITIES '13 239 (So Far) 51 2014 16 | TRENDS MAY 2018 www.aamdhq.org