Upcoming Event
Free Newsletter
Denver Pavilions redevelopment plan aims to create new downtown gathering place
Margaret Jackson //April 20, 2026//
Deposit Photos
Deposit Photos
Denver Pavilions redevelopment plan aims to create new downtown gathering place
Margaret Jackson //April 20, 2026//
The Denver Pavilions should be reimagined as a world-class cultural public gathering place on par with Denver Union Station, according to recommendations revealed Friday by an Urban Land Institute panel of national experts.
In Brief:
- Denver Downtown Development Authority purchased pavilions for $45 million
- Adjacent parking lots acquired for $23 million
- Redevelopment project cost estimated between $500 million and $615 million
- Plan includes over 1,000 new residences and a public plaza
The two most underutilized blocks the Pavilions shopping center occupies on 16th Street could be transformed into an economic engine that includes new residential development and iconic public spaces over retail, the report said.
“The assemblage of two city blocks under single ownership is a huge opportunity — it’s dramatic and bold and ULI applauds it,” said Nolan Marshalll III, panel chair and CEO of The Social District in downtown Los Angeles.
The Denver Downtown Development Authority purchased the Pavilions for $45 million in December — the agency’s largest investment so far. It also purchased the adjacent parking lots for $23 million.
The vision, consistent with the Downtown Area Plan, includes converting surface parking lots into a public plaza that anchors retails and more than 1,000 residences.
The redevelopment project, including building the plaza, two residential towers and other improvements, could cost between $500 million and $615 million.
“Downtown is entering a new era, and the Pavilions will play a critical role in it,” said Mayor Mike Johnston, who met with panel members during their deliberation. “I appreciate this team’s work in helping us find the right balance for visitors and residents alike, agree that the property presents an incredible opportunity for Denver and look forward to reviewing the panel’s recommendations.”
The Denver Downtown Development Authority will spend the coming months evaluating the ULI panel’s findings alongside the city and the Downtown Denver Partnership. While the final report is due later this year, the message to the Denver business community is clear: the future of the Pavilions isn’t just about shopping — it’s about living.
t
