On November 16, 2015, the Denver City Council unanimously approved the first reading of Mayor Hancock’s construction defect ordinance that we wrote about last month. The vote came after about two hours of debate and comment from both sides of the issue. The final reading and vote is set for November 23, 2015. Once the ordinance is in force, developers and prospective purchasers alike will be looking at the initial condominium developments – like the recently announced East West Partners, Amstar Advisers project that will bring 342 condos to the Union Station Development. This development represents the first downtown condo development since 2009.
