Denver businesses battered by construction could get permanent relief

A Denver City Council committee on Tuesday advanced two ordinances creating the Business Impact Opportunity Program, which would give permanent relief to businesses battered by city construction projects. The measures, sponsored by Councilmembers Amanda Sawyer, Chris Hinds and Flor Alvidrez, would require large city-funded projects to set aside funds for eligible businesses, according to the sponsors. The full council will consider the measures, with the program targeted to take effect Jan. 1, 2027. Under the proposed rules, city-funded projects costing $10 million to $25 million and lasting more than 12 months would set aside at least 1% of their budgeted cost. Projects of $25 million or more lasting more than 18 months would set aside between 1% and 5%, according to the sponsors. Projects under $10 million would not be covered.

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