Local businesses in Denver express frustration as construction on the 16th Street Mall project extends beyond two years.
Impact on Business Sales
Esteban Murguia, owner of 3 Margaritas, notes a significant decline in sales, down by 25% to 30% compared to the previous year. The ongoing construction has deterred foot traffic, impacting revenue streams.
Sierra Davis, from Gelato Boy, explains how the construction obstructs foot traffic, particularly affecting weather-dependent businesses like theirs.
Project Overview
The 16th Street Mall construction project commenced in April 2022 with the objective of enhancing safety and mobility while addressing infrastructure deterioration. The endeavor aims to benefit both residents and visitors to Denver.
Construction Progress and Timeline
While acknowledging the slow progress, the city emphasizes their commitment to completing the project swiftly. By late spring, the first two blocks of the mall, spanning from Market to Lawrence streets, are slated to have fences removed. By the end of 2024, over half of the blocks under construction will be accessible to the public, albeit with minor finishing touches pending.
Business Support Program
The 16th Street Mall Business Support Program has provided aid to affected businesses, issuing 177 grants totaling over $1 million. The program offers mitigation grants to help businesses prepare for construction and stabilization grants to offset revenue losses incurred during the project.
Future Initiatives and Funding
Denver’s Economic Development & Opportunity (DEDO) plans to utilize a $1.15 million contract to support branding, marketing, business recruitment, and public realm activation for the 16th Street Mall. The project funding comprises a combination of local, state, and federal funds, including contributions from various partners.
Conclusion: Navigating Through Challenges
Despite the setbacks, businesses along the 16th Street Mall remain resilient, adapting to the evolving landscape. The city’s ongoing efforts to support affected businesses and expedite construction indicate a collective commitment to revitalizing this iconic downtown corridor.
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