The Denver metropolitan area will be adding some new residents in the very near future. Several major companies have announced plans to expand or relocate to Denver area suburbs.
ConocoPhillips recently announced one of the largest real estate transactions in Colorado history. The company plans to operate a global technology center and worldwide training facility out of its newly acquired Louisville property, the site of former Sun Microsoft facility. The center is slated to be fully functional by 2011-2012.
The Rocky Mountain News recently reported that Charles Schwab is considering adding approximately 500-1,000 jobs to the southeast Denver corridor. The expansion, which would require approximately 100,000 square feet of new office space along the southeast office corridor, would have an estimated $50 million impact on the local economy.
And, the good news just keeps on coming. Earlier this week, Renewable Energy Systems Americas, Inc., a leader in the renewable wind energy sector, announced the relocation of its corporate headquarters from Austin, Texas, to Broomfield, Colorado. This move further cements Colorado as an emerging as a leader in the development of renewable energy and alternative resources.
These corporate relocations, obviously great news for the local economy, are vital to the Denver real estate market’s long-awaited recovery. If you have plans to relocate to the Denver metro area, please contact TeamCox Realtors. We would love to introduce you to our great city – and maybe help you find your dream home along the way!
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