Public Markets can attract young professionals to Colorado Springs.
According to a recent article in Forbes, college-educated professionals between the ages of 25 and 34 often prefer to live in tight-knit urban neighborhoods that are close to work and provide entertainment and shopping options within an easy walk. This demographics’ population grew 26% from 2000 to 2010 in major cities’ downtown’s. In the Urban Land Institute study undertaken by the city, this demographic is addressed. Also addressed is the need for downtown residential and other personal service entities. While there must be employment in the area for those who would seek to work and live downtown, one area that is lacking is a source of food. There is no grocery downtown and limited personal services such as cleaners, salons, etc. Entertainment is also limited. To provide an impetus for a downtown renaissance the Public Market is a vital piece in this endeavor.
“We carefully evaluate what the future workforce is looking for and we incorporate those demands into what we are building,” asserts Tami Door, chief executive of the Downtown Denver Partnership.
Those demands span pedestrian walkways, a bike path grid, and “green” housing complexes comprised of smaller units, typically rentals. Residential buildings chock-full of amenities like fitness centers aren’t in the cards. “This group doesn’t want to necessarily come into the development and lock themselves in at night; they want to be out connecting with the community so they want amenities near their homes.”