04 May Work to Expand the Colorado Convention Center Begins
Residents and visitors will see activity outside the Colorado Convention Center this weekend, as the City starts work on an expansion of the facility that ensures it remains a huge economic driver for Denver and global competitor.
Contracted crews will begin installing new markings on Champa Street between Speer Boulevard and 14th Street, shifting travel lanes away from the facility to make room for the first crane that will arrive in a few weeks (see attached graphic). Two lanes for vehicle travel and one for bikes will be maintained throughout the project; however, a few full closures of the stretch will be needed to establish the cranes as they arrive and keep the travelling public safe. Construction is not expected to impact travel on 14th Street in front of the Colorado Convention Center.
Over the course of the project, the majority of work will happen some 85 feet above ground, as crews construct an 80,000 square foot multipurpose room and outdoor terrace on the roof of the existing facility. The expansion will offer convention-goers sweeping views of the city skyline and mountains.
When complete in late 2023, the expansion will allow for an estimated 25 additional events per year, generating an additional $85 million in annual economic impact, and coinciding with an anticipated rebound of the convention industry to pre-pandemic levels in 2024.
Funding for the expansion includes $104M from Measure 2C passed by voters in 2015 and $129M in Certificates of Participation (COP) issued in 2018, with repayment of the COPs derived from Tourism Improvement District revenues, a portion of the seat tax and excess revenues from the Convention Center Hotel.