Tag: apartment

Screenshot of 2025-2024 rents showing decrease

From savebelmarpark.com

Many of you are aware of the ongoing attack on Front Range habitats including Belmar Park, Chatfield State Park and Bear Creek Lake Park.  Unfortunately, habitats are under pressure globally which threatens the web of life for everyone on the planet.

This trend is often justified locally by proclaiming the need to ignore the value of habitats because there is a ‘housing shortage’ and building more housing is necessary above all else.

While statistics are not supportive of that argument for the Lakewood area, proponents continue to repeat it for lack of anything better to spout.

Some even claim that regardless of whether there is an actual shortage of housing, it is necessary to build more housing in order to reduce the cost of rent.  In other words, if there are enough vacant, unused rental units, THAT will cause rent to come down significantly.

Yet that 20,000 units was actually a much larger than average inventory increase.

“This growth far exceeds Denver’s average annual construction of 11,400 units over the past five years” according to JP Morgan. 

Because adding 20,000 units was such an outsized increase, it should have reduced rents significantly but for many local residents the $56 was not enough relief.  

Yes, rents declined but according to the FOX31 report, developers also reduced apartments under construction by over 36% which will exert upward pressure on rents.

Proponents of continuously building more and more rental units might say the minimal rent reduction was due to the upward pressure on rents caused by the population increase!  

They claim we need to keep building rental units to accommodate the population increase in Lakewood which is causing the so-called ‘housing shortage’.

What population increase are they talking about?  

Developers don’t seem to agree with the growth argument since they reduced the amount of units under construction by 36%.

The US Census Bureau shows Lakewood has experienced a population increase of less than 1,000 people from April 1, 2020 through July 1, 2024.  That is almost zero growth over 4 years!

Even Denver has increased only 13,500 which is less than 2% total growth in that extended 4-year time period.  Compare that to the 20,000 units added plus the 11,000 units per year average for earlier years.  It would seem a lot more units are getting built than are needed.

Jefferson County has actually lost 4,000 population in that same time period.

Neither Lakewood nor Jeffco are in a population growth mode.

As you probably know, because the secret is finally out – Jefferson County is closing schools!  Even selling off school buildings. That is not exactly an indication of population growth.  Just the opposite.

So let me ask, if I can find this data and you can click and easily verify it, why can’t the Planning Commission or the City Council find these relevant facts to inform their planning horizon and policies?  What is that different drum they are dancing to?

Why do we have to sacrifice the habitat quality of Belmar Park to accommodate population growth that does not exist?

And as far as the use-by-right argument for private property?  We have previously exposed the fact use-by-right is irrelevant since the developer has to do earth moving in Belmar Park itself and they needed Lakewood to surrender valuable easements to enable their project.  

Instead of use-by-right, we should call it use-by-deception.

So the question still stands.  What is that different drum?

For more info, click here.


Guest post from Alex

“The general formula is that it costs more to provide services to residential… Than [they] bring in tax revenue.”  (15th of May, 2017, Mr. Tim Cox, former city attorney for Lakewood).

(15th of May, 2017, Mr. Tim Cox, City of Lakewood meeting)

Although Lakewood should know this basic planning fact, the city continues to replace commercially zoned properties with high-density residential development.

Picture of apartments being built on Union
Lakewood has been sanctioning the rezoning of commercial properties to “mixed use”, which in Lakewood parlance means “rentals.”  This is along Union Boulevard, which used to be a heavily-commercial area serving the neighboring communities.

The current administration is continuing down the route of seemingly intentional avoidance of doing real economic development.  Real is the key here, since, to Lakewood “economic development” seems to mean car washes, pot shops, failing retail, and storage units.

Not world-class companies and world-class education opportunities to ensure a supply of highly-skilled workers who would then have much better economic opportunities available to them within the community.

Lakewood does not even bother to enforce the spirit of mixed use development.

Picture of King Soopers with apartments on top
This is what an actual “mixed use” development might look like.

Mixed use.  Lakewood style.

“Luxury” apartments in Lakewood.

Actual, luxury, apartments.

City administration has been doubling down on high-priced rentals and metro districts, while claiming “affordability” and that this, somehow, replaces actual economic development.  Perhaps, they missed the recent story about a price fixing scheme by a company which advises the corporate rental owners (think, large scale apartments, such as the ones been built in Lakewood, instead of “middle” housing):

https://www.theverge.com/2022/11/26/23479034/doj-investigating-rent-setting-software-company-realpage

It is as if those talking about “affordability” actually want to ensure that more people are locked into perpetual financial servitude, instead of working on bringing in local, well-paying jobs into the city.

More often, than not, Lakewood makes it in the news for these types of stories:

https://www.denver7.com/news/local-news/two-firefighters-taken-to-hospital-after-ambulance-struck-by-suspected-stolen-vehicle

Unsurprisingly, some of the Lakewood City Council and city staff are failing to understand (or intentionally avoid?) the link between the failure in economic development and the unfortunate consequences this leads to when it comes to the increase in crime.  A “rising tide lifts all the boats” indeed and if the city had a robust economic engine (which it does not), other economic opportunities would follow.


Lakewood Continues to Setup for Economic Failure

Residential properties, generally, are a net negative to the municipality as they cost more to provide services to, while not bringing enough revenue in to cover those costs.  Furthermore, Lakewood has completely failed to properly scale up and maintain the needed infrastructure and amenities (such as parks, grocery stores, public spaces and playgrounds, collocated with the high density developments).  Nor are there well-paying employment opportunities within walking distance.

By “well-paying employment opportunities”, we mean:

Google Campus in Boulder (https://www.trybaarchitects.com/portfolio/google-boulder-campus)

And Google is expanding their presence in Boulder (https://www.builtincolorado.com/2021/09/21/google-new-boulder-office-hiring)

Not another car wash, storage unit, or a quick food joint.

So as Lakewood doubles down on destroying the commercial potential of the city and adding bedrooms which will likely cause more expense to the city, we just ask ourselves if the city administration and planning staff understand the importance of maintaining a balance between residential and commercial development.

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