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January 24.2026
2 Minutes Read

Colfax Historic Buildings Demolished Amid Crime Surge: What’s Next for Denver?

Demolition of historic building in Denver, debris scattered on the street.

The End of an Era: Demolition of Historic Colfax Buildings

In a bittersweet conclusion to a long-standing saga, the buildings at 1600 and 1618 E. Colfax Ave. in Denver's Wyman Historic District are being demolished following years of neglect and crime associated with the site. Once considered contributing structures to the district, the deteriorating mansions have succumbed to economic hardships that local officials believe render their preservation untenable.

The Community's Outcry: A Need for Change

Locals expressed their frustrations over the years, pointing to the properties as a magnet for crime. In public meetings, community members voiced concerns about the dangerous conditions created by the buildings. "I’m a regular caller of 311 and 911," remarked neighbor Van Schoales at a June 2024 meeting, reinforcing the notion that these dilapidated structures adversely affected not just their immediate surroundings but the city at large.

A Shift in Development Plans

Originally, Pando Holdings, the owner of the properties, had hopes to rehabilitate them into a vibrant mixed-use space that included a seven-story apartment building. However, rising construction costs during the pandemic and the fire damage sustained in March 2024 thwarted these plans. It became clear to Pando that any renovation would incur significant losses — estimates suggest rehabilitation would exceed $12 million for a potential resale value of only $4 million.

Preservation vs. Progress: The Landmark Preservation Commission's Dilemma

The Denver Landmark Preservation Commission faced a significant challenge with their decision to authorize demolition after rejecting a similar request just six months prior. With notable opposition from preservationists like Historic Denver, fears emerged that this decision could set a dangerous precedent for future renovations of historic structures across the city.

Critics of the demolition stressed the potential loss of heritage and landmarks, while others, like commission member George Dennis, argued that the economic hardship faced by the property owner should not supersede the imperative to protect historical sites. The debate shed light on the balancing act of fostering development while respecting community history.

What Comes Next for East Colfax?

With plans for new development required before any demolition could take place, the community is left pondering what will rise in the wake of these historic buildings. As local crime rates and homelessness continue to affect the area, the next steps are crucial for enhancing safety and revitalizing Colfax Avenue.

In a statement, Pando Holdings revealed plans could soon emerge for a replacement structure, but details remain scant. As the dust settles from this demolishment, many are left wondering whether the economic and social needs of the Denver community will be adequately met with future development.

The aftermath of this demolition serves not only as an end chapter for two old buildings but represents a larger narrative about the fight to find a balance between preservation and the evolving needs of the community. As we await the next steps from developers and city officials, one can only hope for a resolution that benefits all facets of Denver life.

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02.07.2026

Managing Monthly Rent: The Pros and Cons of Rent Now, Pay Later Services

Update Exploring the Rise of Rent Now, Pay Later Services As rental prices continue to rise across the United States, a growing number of renters are turning to innovative financial solutions designed to ease the burden of monthly payments. “Rent now, pay later” services offer renters a way to divide their monthly rent into smaller, more manageable installments. However, while these services can provide immediate relief, they come with hidden fees that may complicate a renter's financial landscape. Understanding the Financial Landscape Over the past five years, rents have surged by nearly 28%, significantly impacting lower-income families and gig economy workers. For many households, rent can consume as much as 30% or more of their income, categorizing them as “cost burdened.” This financial stress is prompting a shift towards payment services like Flex, Livble, and Affirm that allow tenants to pay their rent in installments rather than a lump sum. Kellen Johnson, for example, opted for Flex to manage a rent payment of $1,850 by splitting it into two payments, reflecting a common choice among renters seeking more flexibility in their cash flow. The Hidden Costs of Convenience While these services indeed offer convenience, they often resemble short-term loans, resulting in additional costs. Johnson, like many users, pays a monthly subscription along with a fee based on his rent, leading to an effective interest rate that significantly burdens his financial situation. Consumer advocates caution that opting for such services can sometimes worsen financial strain rather than alleviate it. A Cautionary Tale: Should Renters Embrace These Services? Noting that most renters using these services are from lower-income backgrounds and often juggle multiple jobs, experts warn against the hidden fees associated with them. Companies could charge as much as 172% in effective annual percentage rates, which raises a critical question: do these payment systems ultimately make renting more affordable or push renters deeper into debt? As economic pressures mount, understanding the true cost of these financial services proves essential for renters seeking not just immediate relief from high rents, but long-term financial stability.

02.07.2026

Foreclosure of Four Denver Apartment Buildings Signals Market Instability

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