Joshua Gallegos
As one of Denver’s original neighborhoods, Sunnyside would not strike you as a “neighborhood on the rise,” especially at first glance. In fact, if you looked at pictures, Sunnyside would give off a very mid-American suburb feel, and with a lower population than some of its sister districts, its sense of quiet can lull anyone into accepting the notion that Sunnyside is the essence of lazy America.
Modern luxury home in Sunnyside
But if you were to take time and really drive through Sunnyside, you might begin to pick up on the signs of a growing district. Not only is the neighborhood quiet and quaint, but it turns out it’s also quite a convenient place to live. With quick access to the I-70 highway, Federal Boulevard, and the I-25 highway via 38th, Sunnyside’s convenience has already been mostly realized. Real estate investment never looked better. Over the last several decades, local denizens and immigrants alike have begun to recognize Sunnyside’s prime location, and that shows in a boost in property value throughout the district, with properties commonly priced at over half a million.
One of the biggest signs, and the source of 2020’s market value increase for the neighborhood, is the upcoming construction of a lightrail station in the area. Sunnyside’s neighboring districts have seen exponential increases in appeal with a lightrail inclusion, and Sunnyside appears to be no different. Already, the economy seems to be poising for a surge. Old taverns and rundown businesses from the old days are being replaced with new eateries, fresh breweries, and other new attractions. The Sunnyside United Neighbors Inc. — a local neighbor’s union — has teamed up with law enforcement to help clean up crime rates in the area, and the benefits are beginning to show. And these are just the beginning steps. Once the lightrail is installed, a surge of businesses is expected in the area. It’s turning into quite the real estate investment opportunity.
Newly renovated building, same ol’ classic Chubby’s
Thanks to the neighborhood’s commitment to its history and feel, Sunnyside will likely handle these increases in appeal well. The suburb feel isn’t going anywhere, and thanks to its rich history, the local Denver flair will prevail. The property is mostly still residential, with large homes and family dwellings in each little cul-de-sac. Its population of about 10K will tell you all about the local restaurants, too, many of which are established legends in the larger Denver area. Landmarks like the Original Chubbys (a Mexican restaurant popular with generations of Denverites) or The Universal (considered one of Denver’s best diners) dot the Sunnyside neighborhood, and really add to its original appeal.
DDG’s Eliot lot acquisition
As a real estate developer, Denver Development Group has carried out most of our housing development work in Sunnyside’s neighboring district Highlands, which has already seen the market value increase thanks to a lightrail station that Sunnyside will be seeing in the near future. With estimates showing good signs into the future for Sunnyside, we at DDG are looking at the area as a crucial real estate investment opportunity. Already, we’ve made an investment acquisition in the area with our Eliot 10 project. We are currently searching for an investment partner to carry the project to fruition. With Sunnyside’s numbers only growing, we hope to see this property developed and on the market in 2020.
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