Cherry Creek Perspective provides monthly news of real estate, public sector and economic developments in the southeast Denver – Glendale area, and news of transportation-related real estate and attainable housing relying in part on articles published in Real Estate Perspective and the LinkedIn Group – Real Estate and Mobility.
Cherry Creek is the premier retail, office and residential district in the Denver Metropolitan area, experiencing significant real estate development activity. The Cherry Creek Shopping Center, one of the top producing regional malls in the country, anchored by Nordstrom, Neiman Marcus and Macy’s is uniquely located adjacent to the Cherry Creek North retail, restaurant, office and residential district. The surrounding Denver Country Club, Cherry Creek North and East, Congress Park, Hilltop, Belcaro and Bonnie Brae neighborhoods are among the most attractive residential locations in the Denver metro area.
Cherry Creek Perspective also provides global and local updates on the disruption of real estate and the economy resulting from advancements in recent years of communication technology and evolving social trends including:
- Autonomous (driverless) vehicles
- Shared vehicles
- Platooning (controlled fixed proximity) of vehicles as the travel
- Congestion pricing of transportation
- Mobile device ordering and payment for transportation
Together these trends are forecast by many to result in much more cost effective transportation. They will provide greater flexibility of private and public transportation systems, perhaps greatly reducing fixed route networks in favor of on-demand systems, providing much more convenient and cost effective mobility using severely reduced inventories of vehicles and parking.