Data centers, Rossonian Hotel on Denver City Council agenda

The Denver City Council is set to address a wide-ranging agenda, with a key focus on a proposed one-year moratorium on data center development. During a scheduled public hearing, the Council will consider Council Bill 26-0431, which aims to temporarily stop the acceptance and processing of permit and site development plan applications for new data centers. City officials are pushing for this pause to allow time for the development of comprehensive regulations specifically for data centers, which are currently not explicitly regulated within the City and County of Denver.

The article notes that the CoreSite DE3 facility, a 170,000-square-foot data center at 4900 N. Race St., is currently the only permitted data center under construction in the city. In addition to data center regulations, the Council's agenda includes an affordable housing preservation ordinance that will return for a final vote after being postponed previously. This ordinance relates to waiving Denver’s rights of first refusal and first offer under Colorado State law HB24-1175, aimed at acquiring residential properties for long-term affordable housing.

Other items on the agenda include a proposed ordinance to help finance the redevelopment of the historic Rossonian Hotel in the Five Points neighborhood using tax increment financing. The Council will also review its first quarterly financial status report, which indicates general fund revenues could fall approximately 2% below current forecasts if economic conditions weaken, potentially due to factors like increased gas prices. The Denver City Council's regular meeting begins at 3:30 p.m., with a public comment session at 5 p.m. in the Parr-Widener Community Room.