Quite literally forming a triangle and home to one of Denver’s most vibrant cultural districts, the Golden Triangle in Denver has become a popular choice for homeowners looking for a true urban experience.
Chock-full of creative, cultural, musical and other thought-provoking opportunities, this urban oasis offers the perfect location for people seeking easy access to the arts, award-winning restaurants and proximity to transportation routes.
Wedged between Speer Blvd. and Lincoln Street, and south of Colfax, the Golden Triangle is a vibrant neighborhood, home to mid- to high-density development. There are some single-family homes interspersed in the area but the majority of homes are new and luxury condos and lofts. Regardless, this neighborhood has a rich architectural history and lays claim to two of the oldest residences in Denver on Delaware Street.
In addition, this area has many government buildings, office buildings and hotels that add to the mixed-use urban vibe of the Golden Triangle.
Anchoring the Golden Triangle is the Denver Art Museum and the adjacent, eclectic Art Hotel. This magnificent art museum has been elevated over the last decade with an infusion of money, generating new spaces and world-class exhibits.
New Construction in Golden Triangle
What makes the Golden Triangle neighborhood particularly exciting are profound changes that will be occurring within the next five years. This area is expecting a huge facelift that will likely include new zoning which will allow for taller buildings, elimination of many of the surface parking lots and construction of numerous apartment projects.
One of the most interesting projects is the Evans School redevelopment plan. This project has been likened to the Dairy Block, which has transformed the Union Station/LoDo neighborhoods.
Golden Triangle is expecting a huge facelift that will likely include new zoning which will allow for taller buildings, elimination of many of the surface parking lots and construction of numerous apartment projects.
Purchased by the City Street Investors in 2019, the Evans School is a historic structure at 12th Avenue and Bannock. With over 46,000 square feet of space, the developers are envisioning bringing retail, food and beverage options to the facility as well as gathering areas for the public. Hoping to add character and personality to the neighborhood, they hope the Evans School becomes another mooring for the community.
Hundreds of apartments will soon be coming to the neighborhood as well as both Lennar Multifamily Communities and Mill Creek Residentials have plans for large apartment complexes. These projects will add another much needed housing option to the area.
Home Appreciation in Golden Triangle
Like many neighborhoods in and around Denver, home values have skyrocketed over the last 12 months. The average sales price of homes in Golden Triangle is up 6 percent when comparing Q1 2020 to Q1 2021. Homes average 65 days on the market, and the average square foot price is $394. This area tends to be one of the more affordable areas for first time buyers who want to be close to downtown.
| Avg. Price per square foot | Avg. Days on Market | Avg. Sale Price | |
| Q1 2020 | $390.56 | 46 | $541,208 |
| Q1 2021 | $394.12 | 65 | $574,412 |
Source: REcolorado
Check out the recent market trends in the Golden Triangle area.
Existing Homes for Sale
The average price of a home in Golden Triangle is $490,500. The majority of homes are condos, found in both high- and low-rise buildings. Triangle on Elati, Beauvallon Condos, Prado and Belvedere Tower Condos are a few of larger condominium complexes in Golden Triangle.
Things to Do/Benefits of Living Here
Golden Triangle offers the ultimate location in downtown Denver. Removed from the hub-bub of downtown Denver yet close enough to take advantage of city offerings, you’ll find a mixed-use neighborhood that has substantial office, residential, and hospitality uses, as well as cultural and government facilities. Its proximity to Lincoln St. and Speer Blvd. provides easy in and out of the area, and prime access to Civic Center Park, the Cherry Creek Trail and 16th Street Mall.
Befitting its “Museum District” nickname, the Golden Triangle is home to eight different museums. Its two most prominent attractions are the Denver Art Museum and the U.S. Mint. However, it is also home to burgeoning art galleries, smaller museums, boutiques, coffee houses and nightclubs. The Cuba, Cuba Cafe & Bar is a popular choice for dining as is the Cap City Tavern, and Stoney’s Bar and Grill.
This neighborhood offers terrific walkable options and has become very attractive for all age groups as it strikes a balance between urban living, culture and recreation options. Appealing to millennials, and Baby Boomers and Gen Z looking to downsize, the Golden Triangle is removed from busy downtown Denver yet lies close to all its attractions.
