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ULI SPRING MEETING ULI SPRING MEETING
REGISTER
Colorado Convention Center, Denver, CO, United States May 12-14, 2025
Panelist

Tyler Erikson

Managing Director Vista Residential Partners

Speaking at

Wed May 14 2:30 PM — 3:30 PM (GMT-07:00) Mountain Time

Cubicle Farms to Urban Charm: Reinventing Office Parks

Since World War II, suburban office parks in North America have been hubs of innovation and were seen as highly sought-after employment centers. However, employment trends that began in the 1990s hit an inflection point during the COVID-19 pandemic, leading to significant changes in employee/employer density in areas designed solely for employment uses. Once-respected office developments are now seen as liabilities, limiting communities' abilities to provide jobs and maintain public services. The decline in office occupancy is now becoming evident as leases expire, and few employers are stepping in to fill the gaps. Centennial, Colorado, located in the Denver metro area (population 106,883), removed regulatory hurdles by approving zoning amendments supported by real estate stakeholders. The amendments allow mixed-use and residential developments by right in former office park zones, providing new opportunities for now underused areas. This panel will discuss the challenges faced by both government and business, the community concerns that arose, and best practices incorporated into the zoning rewrite, aiming to create a more vibrant mix of employment and housing.