Development Debate Comes to Denver’s Lowry Neighborhood
Developers are Eager to Expand Thriving Lowry but Not Everyone is Happy About it
The development debate, which is common in the Denver suburbs, has moved into Denver’s Lowry neighborhood. Lowry has a long history as an active Air Force base but future development is currently under debate.
Lowry, a national model for urban revitalization, is one of the most sought after areas in the Denver real estate market because of its pristine location near the prestigious Cherry Creek area, Downtown Denver and the new Anschutz Medical Campus. According to The Denver Post, Lowry’s single-family home values increased 78 percent from 2000 to 2006 compared to the overall Denver real estate market’s home appreciation of 45.2 percent. It is understandable why Denver developers and homebuilders are eager cash in on this thriving Denver community but not everyone is happy about it. 
Lowry’s new EastPark Neighborhood is now open. The neighborhood is slated to have approximately 600 homes upon completion, to have a variety of homes ranging from condos to custom homes. The new neighborhood sits atop the rest of Lowry with views of downtown Denver and the mountains. EastPark’s builders include Standard Pacific Homes and McStain Homes.
EastPark, which some intend to be Lowry’s last residential neighborhood, may be only the beginning of new development. According to the article in The Denver Post, two new proposed projects could add as many as 3,000 more homes to Lowry. Many of these proposed homes were not included in the original redevelopment plan that was created in the 1990s. This has many current Lowry residents unhappy. Some are concerned about crowded schools and increased traffic congestion.
For more information regarding Lowry real estate, please contact TeamCox Realtors or click here to search for homes in Lowry.
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