Denver Business

Denver Commercial Construction on a Roll

Three prestigious, well-recognized companies are planning new office projects in metro Denver, offering further signs of an improving regional economy.  The TriZetto Group is planning a $40 million corporate headquarters at Meridian in Douglas County. Trimble is planning a 125,000-square-foot building in Westminster. And Johns Manville is planning to relocate from downtown Denver to Greenwood … Continue reading Denver Commercial Construction on a Roll

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Good News on the Colorado Employment Front

There is good news on the Colorado employment front! September was one of the best months for Colorado job growth in 42 months. The state added 34,000 jobs in September, compared to September of last year. The Colorado unemployment rate decreased in September to 8.3 percent, which places Colorado 24th among all the states. The … Continue reading Good News on the Colorado Employment Front

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Denver-Area Job Seekers Benefit from Workforce Development Month

With Labor Day weekend upon us, we are painfully aware that many of our local Arapahoe County citizens do not have a job to celebrate having a day off from.  Maybe that will change if you are able to take advantage of Arapahoe County’s upcoming Workforce Development Month!  Below are the details. Arapahoe/Douglas Works! kicks … Continue reading Denver-Area Job Seekers Benefit from Workforce Development Month

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Denver Apartment Vacancies Hit Lowest Level in a Decade

The Denver apartment market is booming! The Denver Post reported last week that the Denver metro area’s apartment vacancy rate has fallen to 4.8 percent – the lowest level in a decade (since the first quarter of 2001). The rate decreased 21 percent from just  last year. What does this mean for homebuyers in the … Continue reading Denver Apartment Vacancies Hit Lowest Level in a Decade

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Good News on the Colorado Economic Front

There is good news on the Colorado economic front! The Colorado Division of Labor recently reported that Colorado’s unemployment rate decreased for the fourth straight month in June – to 8.5 percent from 8.7 percent in May.  This decrease was the result of an increase in total employment. Colorado added 4,500 nonfarm jobs in June. The … Continue reading Good News on the Colorado Economic Front

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World’s Largest IKEA Store to Open in Centennial

Denver is going to have the largest IKEA store in the world! As I drove north on 1-25 yesteday, I noticed how far construction on the new Centennial store has come in the past few months. The international furniture dealer is opening its 415,000-square-foot store months earlier than expected. The Grand Opening event is set for July 27th. … Continue reading World’s Largest IKEA Store to Open in Centennial

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Denver Among Areas Recovering the Fastest from Recession

According to a recent Denver Post report, Denver and Colorado Springs are among the metro areas  recovering the fastest from the economic recession. Denver was one of six metro areas (out of the 100 surveyed) that outperformed the job creation rate during the 4th quarter, growing 0.8%, according to Mountain Monitor, a report by the … Continue reading Denver Among Areas Recovering the Fastest from Recession

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Denver’s Commercial Real Estate Market on the Rebound

Upon first glance, it seems that downtown Denver is on fire with commercial construction.   The Denver Business Journal recently reported that Denver’s commercial real estate market showed many signs of recovery in 2010. The year ended with two big transactions, including a $149 sale of a downtown office building and MillsCoors signing a huge industrial … Continue reading Denver’s Commercial Real Estate Market on the Rebound

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Littleton Named Among “Eight Cities That Want Your Business”

It’s official. Littleton, Colorado wants your business! Cnnfn.com recently released its, “8 cities that want your business!” and Littleton landed in the sixth spot. The city was recognized for its “economic gardening” program, which originated back in the late 1980s after Lockheed Martin laid 7,000 people off from its Littleton office. The economic program helps … Continue reading Littleton Named Among “Eight Cities That Want Your Business”

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Denver Mortgage Rates Fall to All-Time Low This Week

Calling all prospective Denver homebuyers! Mortgage rates fell to an all-time low this week, dropping to 4.17 percent from 4.24 percent last week. This is the lowest interest rate ever recorded. The average rate on 15-year fixed loans fell to 3.57 percent from 3.63 percent. These low rates were spurred by the Federal Reserve’s huge … Continue reading Denver Mortgage Rates Fall to All-Time Low This Week

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