Why in hindsight the Fastracks investment will look very wise maybe even a lifesaver.
This is in reference to a post I made on the Main thread HERE
. This has become a recurring theme that I've noticed. To summarize many companies, especially tech companies are now calculating their space needs based on one employee per 250 sq. ft. versus an older calculation of one employee per 500 sq. ft. or more. This has led to tech companies wanting 3-4 parking spaces per 1000 sq. ft.
In Dallas J.P. Morgan Chase owns one of the bigger downtown office towers and recently acquired the land on the block across the street. While they haven't yet announced any proposed development it is assumed that at least part of their motivation was to provide additional parking for their tower which IIRC had a little over one parking space per 1000 sq. ft.
If this trend continues to grow it's possible that without Denver's great hub and spoke, suburb to city transit system that many companies would no longer consider downtown as an option.
So sometimes it's better to be lucky than good.