A recent Brookings Institution analysis of 2000 to 2008 U.S. Census Bureau data reveals that the Denver area (Aurora/Denver) is poised as a model for economic growth in the coming decades. Denver has a young, highly-educated population that will serve as a foundation for future prosperity. The study named the Denver area as one of … Continue reading Denver Among Nine “Next Frontier” Metro Areas
TeamCox Realtors is always on the lookout for rankings that include Colorado cities, but this one truly takes the cake! Forbes recently released its 12 annual ranking of “Best Places for Business and Careers,” which recognizes multiple Colorado cities. Three Colorado cities – Fort Collins (4), Denver (6), and Colorado Springs (12) – were ranked … Continue reading Colorado Cleans Up on Forbes’ “Best Places for Business and Careers”
TeamCox Realtors reported in September 2008 that IKEA will build its first Colorado store in Centennial. Like everyone else, we were starting to wonder about its fate over the past year and a half, but there is good news! It was announced today that the store is slated to open in fall 2011. It will … Continue reading IKEA is (Finally) Coming to Centennial!
Happy Birthday, DIA! While images of lost baggage may linger in your mind when you think of Denver International Airport’s opening in February of 1995, the airport has come a long way in the last 15 years. CNBC recently reported on J.D. Power and Associates’ 2010 North America Airport Satisfaction Study, ranking airports on a … Continue reading Denver International Airport (DIA) Flies High in Customer Service
The Denver Metro Chamber of Commerce recently commissioned a study, revealing that several Denver-area sectors have experienced job growth amidst the recession. The hottest sectors for job growth in the nine-county Denver area include: Aerospace: Colorado’s aerospace sector, consisting of approximately 90 firms, had a 12.1 percent increase in jobs from 2004-2009. This was the … Continue reading What are the Hottest Jobs in Denver?
Admist a dispute lasting until nearly 1:00am this morning, the Denver City Council has approved the redevelopment of an old Lowry air base today. According to The Denver Post, the development, which is located north of Alameda Avenue near South Clinton Street, will consist of nearly 1,000 housing units, 400,000 sq. ft. of retail space, … Continue reading Denver City Council Approves New Lowry Development
The Metro Denver Economic Development Corporation (Metro Denver EDC) recently released its 2010 Economic Forecast for Metro Denver and the news is encouraging. As we’ve reported numerous times during this recession, the report suggests that Metro Denver’s economy has fared better than many other regions throughout the recession. This can be attributed the region’s diverse … Continue reading 2010 Denver Economic Forecast is Encouraging
There is good news on the Colorado job front. The Colorado Department of Labor and Employment released its unemployment figures today and the news is encouraging. The state’s jobless rate fell slightly in November, to 6.9 percent. The figure, which has been decreasing over the past several months, is well below the national unemployment rate … Continue reading Colorado Unemployment Rate Dips Again
We are always on the lookout for positive news regarding the Denver real estate market. Our partners at Land Title regularly put out newsletter entitled, “Positive Perspective,” that I thought I would share with you. This edition highlights a few things that we’ve already addressed, including the homebuyer tax credit being extended. It also has … Continue reading Positive Perspective on the Denver Real Estate Market
Forbes.com Ranks Colorado as the “4th-Best State for Business” Colorado climbed two notches on this year’s Forbes.com’s “best states for business.” States were judged on six criteria, including labor supply, business costs, regulatory environment, growth prospects, economic climate and quality of life, with business costs being the most important factor. Virginia, Washington State, and Utah were … Continue reading Forbes.com Ranks Colorado as the 4th-Best State for Business