The death of the shopping center has long been lamented but a Colliers International report…
Will Other Cities Follow Denver in the Zero Emissions Space?
The policies that affect Denver’s zero-emissions rules are part of a statewide effort that includes tax credits for zero-emissions vehicles and a build-out of infrastructure to support the adoption of electric vehicles. Colorado is making a holistic and well-rounded effort to support renewable energy and zero-emissions through a variety of legislative and policy measures.
Statewide Initiatives Underway
The state has committed to the Intermountain West Electric Corridor, a project of the Regional Electric Vehicles for the West Memorandum of Understanding. This 8-state agreement signed by Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, and Wyoming supports the establishment of best practices along with a network of charging stations and emissions standards that encourage electrification. In keeping with these priorities, the Colorado Air Quality Control Commission issued low-emission vehicle standards, too.
The Future of Zero Emissions in Denver, CO
A recent executive order signed by the governor continues to support these efforts and expand them with the establishment of an interdepartmental transportation electrification working group. In addition, the Colorado Department of Public Health and Environment will help manage the funds received from a settlement with Volkswagen regarding emissions, and it will use that money to support electrification. And the state department of transportation has been tasked with writing a departmental electric vehicle policy.
What This Means for Real Estate Developers
It’s important to take these initiatives into account when planning new development projects. It could impact business and residential projects, providing both obstacles that must be accounted for and opportunities for creating new designs, such as the need for charging stations. As Colorado’s commitment to electrification evolves in collaboration with neighboring states, it’s quite likely that Denver is going to be one of many cities with zero-emissions requirements. By exploring what’s worked and not worked in other municipalities, civil engineering firms in Denver and real estate developers can get a jump on the designs and plans that could most benefit communities in the Denver area with workable projects that can deliver a strong ROI.
Colorado has already demonstrated a commitment to zero-emissions vehicles and low-emissions vehicles across the state. Cities in other western states, and across the country, are likely to soon be subject to initiatives and policies like those that affect Denver.
Contact a Real Estate Development Firm in Denver
Contact CenterPoint Integrated Solutions today to learn how we can help ensure your civil engineering projects are ready for today and tomorrow.
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