The company has been paying $15.50 per sf for its Downtownoffice space, and rents would have almost doubled to about $27 perfoot, she says. Also, the price of parking has risen dramaticallyDowntown, and increasingly employees had to fight trafficcongestion. ''There was a quality-of-life issue,'' she says. ''Oneof the first things we did was to plot where all of our employeeslived, and there was a real cluster of people south of I-70 andwest of I-25.''
Annie Warhover, president of the Downtown Denver Partnership, aneconomic development group, expects other tenants concerned aboutrising rates to leave the CBD for the suburbs. ''Downtown has someof the most expensive rates in the area, but there are a lot ofother companies willing to pay the rates to be Downtown,'' shesays.
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