To view this email as a web page, go here.


October 2008
+

Denver named a top real estate market to watch

JusticeCenter Denver was the only non-costal city ranked in the top tier of national cities to watch in the recently released Emerging Trends in Real Estate 2009 Report by the Urban Land Institute and PricewaterhouseCoopers.
Nationally, 2009 is expected to be a challenging year for the commercial real estate industry. The report, however, noted cities across the country that investors should watch, including Denver.

"The state capital has a major federal government presence, which should buffer job losses," officials said in a press release. "Steady population growth and broadening diversification of the industry keeps the housing market stable. Mass transit should pay future dividends."

Now in its 30th year, the Emerging Trends report is the oldest, most highly regarded annual industry outlook for the real estate and land use industry and includes interviews and survey responses from more than 600 leading real estate experts.

-

WIRED Poll reveals factors shaping career attitudes 

WIRED_PollA new poll commissioned by the Metro Denver WIRED Initiative - a partnership among workforce development, economic development, education, and industry - shows that misinformation and lack of information might be discouraging some from attempting to pursue careers in certain industries.

The poll of 8-12 grade students and their parents, 8-12 grade teachers and counselors, community college students, and public workforce system job seekers was designed to determine what each group thought they knew about selected careers, where they attained information about careers, and what was most important to them regarding a career. The results of the poll show many discrepancies between career purveyors (parents, teachers and counselors) and career consumers (students and job seekers). The poll also shows perception differences between age and gender.

"Knowing the findings from this career attitude poll is very important so that we can now work together as a community and generate an action plan," said Ledy Garcia-Eckstein, executive director of the Metro Denver WIRED Initiative. "We must assure that our next generation of workers has the accurate information necessary to attain the skills and experience needed for the best jobs our economy is producing."

Learn more:

» 
Executive summary and full report on metrodenver.org
~

Search available real estate and more

ProfileCoverThe Metro Denver EDC has many services available to assist with your site selection and demographic needs. Have you used these great tools recently?

  • www.MetroDenverGIS.org - This robust site features full real estate searches, demographic reports, business lists, interactive mapping, and satellite images for the seven-county Metro Denver region and two-county Northern Colorado area.
  • RSS News Feeds - If you're looking for timely business news on Metro Denver's companies and industries, look no further than our RSS feed. We post news daily - and you can  register for the feed today.
  • Online Economic Profile - The 2008-2009 Metro Denver Economic Profile provides the most concise and accurate data available anywhere for doing business in Metro Denver and Northern Colorado. If you're working with a client that wants to get a better feel for our region, share this link with them.


And as always, feel free to contact Laura Brandt, manager of economic development, at 303.620.8087 with your site selection needs or requirements.

1445 Market Street, Denver, CO 80202
303.620.8092 | FAX 303.534.3200
www.metrodenver.org

E-mail info@metrodenver.org
with questions or feedback.

Affiliate of:

DMCC_4cSm


» Commercial Real Estate
» Workforce Attitude Poll 
» Site Selection Tools
» Industry News
» Real Estate
» Transportation
» Data & Reports
» Rankings


» MetroDenverGIS.org
» Site Selection
» Demographics
» Industries & Companies
» Workforce Profiles
» Metro Denver Economy
» International Trade
» Infrastructure
» Living Here
» Working Here

» News Center


4
Tri-State and Xcel partner on transmission project

Colorado's two largest electricity providers, Tri-State Generation and Xcel Energy, are partnering on several multi-million dollar projects to build new transmission lines in southern Colorado. The lines will support 3,000 megawatts of power to serve the electrical needs of up to three million residential customers. In addition, new transmission will support the state's future solar plants, wind farms, and power plants.

  


5
3Q real estate stats

According to CoStar, office vacancy for the third quarter is 13.2% compared to 12.8% last year, with 3.4 million square feet under construction in Metro Denver. On the industrial side, rates average $5.10 per square foot, with roughly one million square feet under construction. 

»
Real Estate section on metrodenver.org



RTD breaks 100 million passenger record

The Regional Transportation District (RTD), which operates bus, light rail, and access-a-Ride services throughout Metro Denver, had a record 100 million passenger trips for the 12-month period ending in July 2008. The record marks an increase of 9.15 percent over the same period a year earlier.


7
Colorado posts strong quarter for VC investment

Colorado companies raised $196 million in venture capital during the third quarter of 2008, according to the MoneyTree report from PricewaterhouseCoopers and the National Venture Capital Association. AVA Solar, based in Fort Collins, received $104 million in financing, the second-largest award in the country.


8
Colorado businesses are second in the country for Small Business Innovation Research (SBIR) Grants - a program used as a measure of innovation and entrepreneurship.
- U.S. Small Business Administration

This email was sent to: janet.fritz@metrodenver.org

This email was sent by: Metro Denver Economic Development Corporation
1445 Market Street Denver, CO 80202


We respect your right to privacy - view our policy

Manage Subscriptions | Update Profile | One-Click Unsubscribe