A prospector party founded Denver on November 17, 1858 after gold was discovered at the junction of the Cherry Creek and the South Platte Rivers. The town´s founders named the dusty province after James W. Denver, the Governor of the Kansas territory at the time. Denver was incorporated on November 7, 1861 with its population growing from a mere 4,759 people to 106,713 people between 1870 and 1890. Denver became the most populous city in the West, which was second only to San Francisco.
With a network of railroads springing up between the 1870′s and the late 1890′s, Denver became the rail hub of the Rockies.With these iron horses moving in and out of town from Utah to Kansas and from Montana to New Mexico, Denver became the processing center for banking, minting, mining, and supply for Colorado and its neighboring states.
Denver also emerged as a regional high plains agricultural center beginning in 1863 through the end of the century. Bakeries, breweries, meat packing, various food-processing plants and a manufacturing hub for farm and ranch equipment all helped Denver become what it is today.
In modern day, the “Mile High City,” which is a nickname reflecting its locale for being one mile above sea level, is home to a number of regional and national headquarters for oil and gas firms, computer hardware and software companies, telecommunication firms, and the biotechnology industry. Today, the economic base of Denver also includes a profitable skiing and tourism industry. Denver is now recognized as having the tenth largest downtown metro area in the country.
In 1815, the Arapaho Indians and forty-five mountain men started a trading camp on the banks of the Cherry Creek and the South Platte Rivers.Shortly thereafter, early settlers married into the local Indian tribes, which helped to expand what is now known as Denver real estate.The Indians gave up parts of their land to the white settlers.As part of the agreement, the white settlers agreed to name various streets after their Indian wives.
On May 6, 1859, a Georgia native named John H. Gregory discovered the first lode of gold in the Denver area.In order to assure that Mr. Gregory´s finding was not a hoax, Horace Greeley, the famous writer, went to investigate.In order to impress upon Greeley that the area was indeed rich with gold, the miners loaded shotguns full of gold and shot them off into the mountains.Greeley was so impressed with what he found that after returning home, he wrote the immortal words, “Go West Young Man, Go West.”Thousands of fortune hunters moved into the area and took hold of the Denver real estate.During the spring of 1860, a torchlight ceremony was held and united the real estate between Auraria and Denver City.
In 1879, Denver had a population of 35,000, and the city was the first in the West to have its own telephone operating system.Since this time, real estate in Denver has been snatched up quickly and today, Denver metro is home to more than three million people. With median home values averaging right around $243,000, and with a vast array of employment opportunities, it simply is no wonder that you can´t go wrong when investing in the Denver real estate market.
History of Denver
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A prospector party founded Denver on November 17, 1858 after gold was discovered at the junction of the Cherry Creek and the South Platte Rivers. The town´s founders named the dusty province after James W. Denver, the Governor of the Kansas territory at the time. Denver was incorporated on November 7, 1861 with its population growing from a mere 4,759 people to 106,713 people between 1870 and 1890. Denver became the most populous city in the West, which was second only to San Francisco.
With a network of railroads springing up between the 1870′s and the late 1890′s, Denver became the rail hub of the Rockies.With these iron horses moving in and out of town from Utah to Kansas and from Montana to New Mexico, Denver became the processing center for banking, minting, mining, and supply for Colorado and its neighboring states.
Denver also emerged as a regional high plains agricultural center beginning in 1863 through the end of the century. Bakeries, breweries, meat packing, various food-processing plants and a manufacturing hub for farm and ranch equipment all helped Denver become what it is today.
In modern day, the “Mile High City,” which is a nickname reflecting its locale for being one mile above sea level, is home to a number of regional and national headquarters for oil and gas firms, computer hardware and software companies, telecommunication firms, and the biotechnology industry. Today, the economic base of Denver also includes a profitable skiing and tourism industry. Denver is now recognized as having the tenth largest downtown metro area in the country.
In 1815, the Arapaho Indians and forty-five mountain men started a trading camp on the banks of the Cherry Creek and the South Platte Rivers.Shortly thereafter, early settlers married into the local Indian tribes, which helped to expand what is now known as Denver real estate.The Indians gave up parts of their land to the white settlers.As part of the agreement, the white settlers agreed to name various streets after their Indian wives.
On May 6, 1859, a Georgia native named John H. Gregory discovered the first lode of gold in the Denver area.In order to assure that Mr. Gregory´s finding was not a hoax, Horace Greeley, the famous writer, went to investigate.In order to impress upon Greeley that the area was indeed rich with gold, the miners loaded shotguns full of gold and shot them off into the mountains.Greeley was so impressed with what he found that after returning home, he wrote the immortal words, “Go West Young Man, Go West.”Thousands of fortune hunters moved into the area and took hold of the Denver real estate.During the spring of 1860, a torchlight ceremony was held and united the real estate between Auraria and Denver City.
In 1879, Denver had a population of 35,000, and the city was the first in the West to have its own telephone operating system.Since this time, real estate in Denver has been snatched up quickly and today, Denver metro is home to more than three million people. With median home values averaging right around $243,000, and with a vast array of employment opportunities, it simply is no wonder that you can´t go wrong when investing in the Denver real estate market.