Susan Powers, who is the former director of the Denver Urban Renewal Authority (1987 – 1998), and four partners, several of whom are well known in the Denver development community, formed Urban Ventures in 1998.
Susan and the partners have been active in the renovation of downtown properties since the early 1980’s. Previous activities include involvement with: The Denver Pavilions (a 350,000 sq. ft, retail center), The Denver Dry Lofts (formerly a 300,000 sq. ft. department store), Mercantile Square, Elitch Gardens Amusement Park, Silver Square (previously a five building warehouse complex), and The Studebaker Building (mixed-use and residential components).