Financial Affairs |
News Article: Jevon Taylor Revitalizes Denver's 16th Street Mall with Local Businesses
Jevon Taylor is breathing new life into Denver's 16th Street Mall, transforming it into a vibrant hub for local artists, small businesses, restaurants, and retail stores. With approximately $2.7 million in funding from Denver's Downtown Development Authority, Taylor is developing about 18,000 square feet of retail space dedicated to local businesses through his Green Spaces Market concept.
This initiative is part of a larger $100 million effort to revitalize downtown, aiming to improve visibility and opportunities for diverse local operators, contributing to downtown’s economic recovery and community engagement. Taylor is focusing on leasing to top small businesses, with an emphasis on local operators.
The renovations have already begun, with two buildings—one at 16th and California near the light rail station, and another at 16th and Welton—undergoing a transformation. A fashion boutique has opened in a space that was previously occupied by a regional bank, a restaurant has replaced Taco Bell, and a vintage shop now occupies the former RadioShack location.
However, the types of businesses that have not yet opened remain undisclosed. Readers interested in staying updated on the latest developments can sign up for Breaking Business News email alerts. By signing up, they agree to the Terms of Use, Privacy Policy, and to receive emails from the website.
Taylor's vision for the 16th Street Mall is expected to have a significant impact on the local community, providing a platform for local businesses to establish and grow their retail presence in a key urban corridor in Denver. The revitalization project is a testament to Taylor's commitment to supporting local businesses and fostering a thriving community in the city.
[1] Source: Denver Downtown Partnership, Press Release, "Denver's Downtown Development Authority Announces $100 Million Investment in Downtown Revitalization" (January 2022)
- Jevon Taylor's Green Spaces Market concept, part of the larger $100 million revitalization effort, is also Set to include local policy and finance industries by providing space for offices and startup accelerators.
- The upcoming businesses in the 16th Street Mall may diversify even further, as Taylor is considering leasing to local businesses in the retail, finance, policy, and service industries, such as a co-working space or a community credit union.
- With a growing focus on supporting a wide array of local businesses, Denver's 16th Street Mall revitalization project may encourage the expansion of various industries, including the retail, service, finance, and policy sectors, helping to create an economically and culturally diverse area within the city.
