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Denver Real Estate from Judith Clausen
   Judith Clausen
   Broker/Owner

   303.587.3509 Direct

   Email Judith

Lowry, Colorado Real Estate and Relocation Information

Lowry Air Force Base in east Denver was decommissioned in 1992, opening itLowry colorado real estate up for the largest infill development in the U.S. The site is now a landmark mixed use New Urban Community combining small and medium sized businesses, retail, educational, recreational and residential uses.

Lowry has been so successful that it received the Governor's Award for Smart Growth, the 1999 Sustainable Community Award from the U. S. Conference of Mayors and National Association of Counties, and the Department of Housing and Urban Development's (HUD) Secretary's Award for innovative collaboration and sustainable growth. The community is a model for urban infill projects across the country. Redevelopment began in 1996 with the demolition of existing buildings and runways and the building of Lowry's new infrastructure. Residents moved into the first new homes in 1998.

Close to the heart of Denver, Lowry is 17 minutes from downtown, 10 minutes from the upscale Cherry Creek Shopping Center, 20 minutes from the Denver Tech Center, and 25 minutes from the Denver International Airport.

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Lowry Real Estate

  • Homes and other buildings are pre-wired for high-speed Internet access and multiple phone lines. Homes are also wired for automation, security and advanced entertainment systems. Commercial buildings have advanced telecommunications capabilities.
  • Lowry real estate ranges from new low-income apartment housing at the east end of the Lowry campus to million dollar homes on prestigious 6th Avenue. Many buildings in the historic core of Lowry have been converted to new urban living loft homes, townhouses and apartments.
  • New homes will continue to be built at Lowry through 2007. (Click above for Lowry's new home builders.) If you’re in the market for Lowry new construction see If You’re Looking For a New Home.

July 2008 Market Statistics

In metro Denver closed sales in July were 5,123 compared with 4,980 in July 2007, a 2.9% gain. The average selling price for the period was $262,224 compared to an average in July 2007 of $289,294, a percentage drop of 9.4. The median sale price for single-family homes was $229,200 compared with $255,000 in July 2007, for a drop of 10.1%. 969 condos and townhomes sold in July 2008, compared with 1,081 for the same period in 2007, a drop of 10.4%. Median prices for condos in July 2008 were $149,000 compared with $158,000 in July 2008, a drop of 5.7%. For single family houses, condos and townhomes the average number of days a house was on the market in July 2008 was 98, and in July 2007 was 95. The list to sale ratio was 97% in 2008 versus 98% in 2007. 25,673 houses are currently on the market and interest rates are still low. It’s a great time to buy in the Denver real estate market, but if you’re a seller you may want to wait till conditions improve.

Check out the current Market Conditions Report for further analysis.

Lowry Shopping and Dining

  • The community is home to the Lowry Town Center, an urban design retail area geared toward leisurely shopping, small restaurants, and strolling through the tree-lined streets, perhaps for an ice cream in the summer, a latte in the late afternoon, or a week's worth of groceries at the local Albertson's super market.
  • The newest restaurant at Lowry is The Tavern. It joins other gathering places like Salty Rita’s, Serioz, the Urban Harvest, and Pei Wei’s. Two Starbuck’s offer coffee lovers a place to take a break or open the laptop at these wired facilities.
  • Cherry Creek is minutes away. Shopping in this upscale neighborhood is a tourist must. Cherry Creek North prides itself on its 320+ shops, restaurants and galleries. World class Cherry Creek Shopping Center offers Saks, Neiman Marcus, and Macy’s as well as many other shops, restaurants and movie theaters. Popular restaurants in Cherry Creek include Mel’s Restaurant and Bar, Elway’s, and Mirepoix.

Education at Lowry

Lowry colorado real estatePrivate and public educational facilities range from pre-school to college, including the home of the innovative Colorado Free University, the Logan School for Creative Learning, the Denver Academy of Torah, and the new Challenges, Choices and Images (CCI) Literacy and Technology Charter School. A new branch library was dedicated in 2002.

Lowry Parks and Recreation

Lowry colorado real estateRecreational facilities abound at Lowry, from the Big Bear Ice Arena and Jackie Robinson youth baseball field to the brand-new Montclair Recreation Center. Broad tree-lined boulevards and open space characterize the community. Wetlands and newly designed public parks dot the 1,866 acre space.

 

Lowry, Colorado Zip Codes

  • 80230

Lowry Hospitals and Medical Centers

The Colorado Allergy and Asthma Center is located at Lowry, as well as the new Denver Arthritis Clinic. Located within five miles of 11 major medical centers, both facilities are among Denver's finest specialized medical services.

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