The Central Business District (CBD) is the beating heart of downtown Denver. Known for its office towers, high-rise condos, and cultural attractions, the CBD is where business, entertainment, and residential living converge. Buyers who want a truly urban lifestyle — surrounded by theaters, restaurants, and walkable amenities — often set their sights here.
The Central Business District is home to about 10,000 residents but serves as the daytime hub for more than 100,000 workers. It’s one of the most dynamic neighborhoods in Denver, offering high-rise living alongside cultural and commercial energy.
The resident mix includes professionals, downsizers, and renters seeking proximity to jobs and amenities. About 40% of residences are owner-occupied, with the rest serving as rental condos and apartments.
As of mid-2025, the median home price in the CBD is about $525,000, with Zillow placing average values near $510,000. Smaller condos can start in the low $400s, while luxury penthouses and newer construction can exceed $1 million.
Properties typically sell in 30–40 days, with demand driven by affordability compared to nearby LoDo and Union Station.
While the CBD is highly urban, residents enjoy access to Civic Center Park, Skyline Park, and nearby Cherry Creek and Platte River trails. Rooftop terraces and condo amenities also provide recreation for high-rise living.
The Central Business District is home to the 16th Street Mall, a pedestrian-friendly corridor lined with shops, restaurants, and bars. Cultural institutions like the Denver Performing Arts Complex and the Colorado Convention Center add entertainment and vibrancy.
The CBD is not known for schools, but its central location provides access to educational options in nearby neighborhoods and a variety of private and charter schools throughout the city.
The CBD is defined by its skyline. Glass and steel towers house both offices and residential condos, while historic buildings have been converted into boutique condos and hotels. Buyers will find everything from compact studio apartments to expansive luxury penthouses.
Living in the CBD means being at the center of it all. Residents enjoy walkability to offices, theaters, restaurants, and nightlife, as well as transit connections at Union Station. The convenience of car-free living appeals to many buyers.
Despite its bustling character, the CBD also offers pockets of quiet, particularly in residential high-rises designed with amenities like gyms, pools, and private terraces.
For Buyers:
The CBD offers affordability compared to nearby LoDo, with a wide range of condos and apartments to choose from. It’s ideal for those who want an urban lifestyle with everything at their doorstep.
For Sellers:
Sellers benefit from steady demand among professionals and downsizers. Updated condos with strong amenities sell fastest.
I’m Sallie Simmons, Realtor® with Compass and part of the Nostalgic Homes team. Since 2014, I’ve helped clients navigate Denver’s downtown neighborhoods like the CBD, where convenience and energy define the lifestyle.
What makes the CBD unique?
Its central location, cultural attractions, and high-rise living.
What types of homes are in the CBD?
Condos, apartments, and high-rise penthouses.
How competitive is the real estate market?
Moderate — affordability draws buyers, while premium units sell faster.
Why choose the CBD?
For its convenience, cultural energy, and access to everything downtown Denver offers.
Thinking about buying or selling in the Central Business District? Let’s talk about your goals. Call me at 662.588.2420 or visit www.salliesimmons.com today.
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