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Page 2 — Property Management Quarterly — January 2017
DENVER’S
PROPERTY MANAGEMENT
POWERHOUSE.
Leasing Advisory  Global Corporate Services  Investment Sales and Capital Markets  Multihousing  Consulting
 Program and Project Management  Property and Facilities Management  Valuation and Advisory Services
Dan Simpson, Director of Management Services
1800 Larimer Street, Suite 1700, Denver CO 80202 T 303.892.111
Newmark Grubb Knight Frank has built a reputation for delivering superior
operations and services for all classes of commercial properties, regionally
and worldwide.
Newmark Grubb Knight Frank provides property management for more than
210 million square feet in the U.S.
Letter from the Editor
R ight before we went to press,
the Denver City Council
passed two amendments that
will have implications for
property managers and build-
ing owners within the city and county
limits. The first was
an amendment to
the municipal code
to add a require-
ment for commer-
cial and multifam-
ily buildings over
25,000 square feet
to track and publicly
report their energy
performance.
As part of Denver Mayor Michael
Hancock’s goals to reduce energy
consumption in large commercial
and multifamily properties by 10 per-
cent in 2020, this new benchmarking
requirement was originally part of the
recommendations put forth by the
Energize Denver Task Force. It was rec-
ommended that buildings benchmark
their energy use on an annual basis
using the free Energy Star portfolio
management tool, and then every
building’s score would be shared with
the city and made publicly available.
These recommendations passed 11-0
at the Dec. 19 council meeting.
The second part of the task force
recommendations, which received
pushback from the real estate com-
munity, recommended that any build-
ing that did not receive an Energy
Star score of 75 or higher would be
required to pursue one of three path-
ways laid out by the task force to
improve the building’s energy efficien-
cy. This part was not included in the
amendment put forth and voted on
by City Council so, as of now, it isn’t
ll see if they put forth
something along these lines later in
2017.
There are 3,091 commercial and
multifamily buildings that are 25,000
sf or larger in the city and county of
Denver – all of which will be required
to adhere to the benchmarking and
reporting rules. Single buildings over
50,000 sf are required to begin report-
ing in 2017. Buildings 25,000 sf or
larger will be required to start report-
ing in 2018.
The second amendment passed, a
building code amendment, will affect
the signage for single-stall bathrooms.
Updating an ordinance that required
multiple single-stall bathrooms to be
marked specifically for female only
and male only, when more than one
bathroom was available, now must
all be marked as gender neutral. This
change will not affect larger public
restrooms – if a restroom has more
than one stall, it will stay gender spe-
cific.
The change is being billed as a sim-
ple fix. Signs must be updated by May
1, 2018, but no specific look is required
as long as it is obvious that it’s for a
restroom and that it is gender neutral.
The update will allow transgender
individuals to choose a bathroom they
identify with, as well as offer more
convenience for families, caretakers
and, in general, anyone seeking a rest-
room.
303-623-1148, Ext. 104
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