Did you know Denver once had a neighborhood known for the miracle mile of shopping?
SoBo, the acronym for South Broadway, is the section between Sixth and Alameda avenues on Broadway and home to many retail boutique shops and restaurants. Once it was considered the major shopping venue in Denver and recent developments indicate it may take that role once again.
Three retailers have invested a reported 2.7 million dollars in the old Woolworths building renovation of this 99 year old building. What the Denver Post calls a “renaissance” for retail is an energy boost for the retail, residential and office real estate surrounding it.
It is exciting to watch the strong redevelopment that has been happening throughout Denver’s many distinct neighborhoods. Humorously enough… a sure sign that an area is going through growth seems to be the creation or common use of an identifying acronym.
Years ago the discussion focused on LoDo (Lower Downtown), with it’s downtown redevelopment and transformation of historic warehouse and office buildings through loft conversion and businesses such as the Wynkoop Brewery.
The last few years have been the boom of LoHi (Lower Highlands) with the massive influx of some of Denver’s best restaurants. The LoHi list includes Linger, Vita, Lola, LoHi Steak Bar, Ale House at Amatos, Denver Beer Co. and most recently Williams and Graham. Real estate followed with a boom in new downtown Denver townhomes, modern homes, and renovation of historic Denver Square homes. Broadway south of I-25 has already done major street renovations to attact new businesses too.
The RiNo District (River North) put it’s energy into the growth of a neighborhood Art Scene and gallery development. This paired nicely with the growth of work/live artists spaces and lofts fueled by modern architectural design and finishes.
SoBo has recently become the buzzing word around Denver. Restaurants in the area have been gaining in popularity and many such as Beatrice and Woodsley are among the favorites for menu and eclectic character.
A revival of Denver’s Miracle Mile could be an indication of a renaissance for the real estate market as well as new home shoppers find extremely attractive condo and home prices footsteps from the Broadway streetscape filled with an offering of shops, galleries, bars, restaurants and theaters.
Contact us today to learn about new developments in SoBo or any of the great acronym named neighborhoods in Denver.