Colorado is a picturesque mountain state. Its booming economy is paving the way for growth throughout the area. Many factors attract new businesses to Colorado including the robust economic environment, talented workforce, world-renowned universities and the same-day business availability. Industries across the board are thriving in the state. STEM based industries including aerospace, bioscience, advanced manufacturing, electronics and energy are based in the state. Other industries include health and wellness, infrastructure engineering, transportation and logistics, food and agriculture and financial services. With all of the opportunities in Colorado, it is an ideal location for a business hub, transportation and warehousing services.
Colorado has a rich history of trade, transportation and growth. The Colorado Gold Rush led to the creation of the first towns and cities in the state. Towns were developed in the areas of Denver, Boulder, Golden and Idaho Springs. From that time, cities continued to develop and major railways were built in the 1860’s. Beginning in the 1960’s, the manufacturing economy began to shift toward higher skills and greater technical sophistication. Technology, construction, population growth and development have continued to expand since the 1990’s. Several cities have become major hubs of business in the state including Denver, Colorado Springs, Grand Junction, Fort Collins, Greeley, Commerce City and Aurora. These locations are ideal cities for warehousing services companies in Colorado.
The Denver-Aurora-Lakewood Metropolitan Area
The Denver-Aurora-Lakewood Metropolitan Area consists of several different cities and counties including the City and County of Denver, Arapahoe County, Jefferson County, Adams County, Douglas County, Elbert County, Park County, Clear Creek County, and Gilpin County. This area makes up the Front Range Urban Corridor. According to the United States Census Bureau, the estimated population of the area was 2,812,732 as of July 1, 2015, an increase of +10.6% since the 2010 United States Census.
Denver tops Forbes’ list of The Best Places for Business and Careers, explaining that, “The Denver-Aurora-Lakewood metro area is attractive for its diverse economy, highly educated labor force and outdoor recreational opportunities. Companies are increasingly choosing Denver as the site for new operations or to relocate. In addition to aerospace, Denver has a significant foothold in aviation, bioscience, energy, financial services, information technology, healthcare and telecommunications. The companies in these industries benefit from Denver and neighboring Boulder, which contain one of the most educated workforces in the country.”
AreaVibes highlights Denver’s amenities including museums, sporting events, parks, theater, world class dining and art districts. Events like First Friday where “Galleries, studios and cultural attractions stay open late for a mind-expanding night of art, food, drink and fun,” and A Taste of Colorado bring community together. Denver is also a short drive away from many outdoor activities including countless hiking trails, skiing, snowboarding, and beautiful resorts.
There is easy access to major interstates from the The Denver-Aurora-Lakewood Metropolitan Area including I-25, I-70, I-270 and C-470. There are several rail yards in the area for freight transportation. Denver International Airport an expansive facility for shipping and cargo. Commercial and industrial construction remains strong in the Denver area, providing more room to expand.
Greeley and Fort Collins
North of Denver sit the cities of Greeley and Fort Collins. Forbes ranks Greeley as number one in Job Growth. According to Livability, there are over 27,000 businesses establishments in Greeley’s Weld County. It is a center for entrepreneurship. Greeley also offers many outdoor activities for residents with over 30 parks, and six outdoor sports complexes.
Fort Collins is north of Greeley; it is one of last major urban areas before the Wyoming border. The city is home to Colorado State University. According to Forbes, “Many high-tech companies including Hewlett Packard, Intel, AMD, among others, have relocated to Fort Collins to take advantage of the resources of CSU and its research facilities. Up and coming industries within the area include clean energy, bioscience, and agri-tech businesses.” Fort Collins offers residents many cultural and artistic activities.
Highways in this area allow for easy ground transportation, with quick access to the main artery I-25. Greeley has access to Highway 2 and Highway 85. Freight rail transportation is available in both cities. Fort Collins is served by the Union Pacific and Burlington Northern Santa Fe railroads and has two-day rail freight access to the West Coast or the East Coast.
South of Denver is Colorado Springs, which offers stunning scenery and strong industry. Forbes ranks Colorado Springs 12th on its list of Best Places for Business and Careers. Aerospace, technology, defense and engineering are major industries in the area. Forbes also highlights some of the natural features in the area saying, “With the city located at the base of the Rocky Mountains, Colorado Springs is a popular destination for tourists seeking scenery, rock formations and other unique geological features, like Pikes Peak, Garden of the Gods park, Seven Falls, and Cave Of The Winds.” AreaVibes gives Colorado Springs great ratings for amenities, cost of living and climate.
I-25 runs directly through Colorado Springs. There is also access to rail and air freight. Colorado Springs Municipal Airport has direct access to Denver International Airport and offers incentives for business, “The City of Colorado Springs, El Paso County, Pikes Peak Rural Transportation Authority (PPRTA) and the State of Colorado is dedicated to attracting local businesses and helping them thrive at the Colorado Springs Airport. Through the creation of the Commercial Aeronautical Zone (CAZ), Aviation Development Zone (ADZ), Foreign Trade Zone (FTZ) and the Enterprise Zone (EZ), businesses can benefit from numerous tax savings.”
Located south of Colorado Springs is Pueblo. It is an up-and-coming city in Colorado. It is home to Colorado State University-Pueblo, which is currently the fastest growing university in the state and a regional comprehensive university. Major industries include technology and energy.
Livability explains that, “Pueblo is a multicultural community in Southeastern Colorado at the confluence of the Arkansas River and Fountain Creek. Downtown’s 1.5-mile Historic Arkansas Riverwalk Project serves as a centerpiece for the city’s three-district Creative Corridor of galleries, cultural destinations and events.” Pueblo residents can enjoy annual festivals including the Colorado State Fair and parade and the Chili Festival.
Grand Junction is the major city on the Western Slope. Major industries in the area include energy and agriculture. The city has easy access to western states. Forbes highlights that, “The city sits near the mid-point of the Grand Valley, a major fruit-growing region, where several wineries have recently been established. The Colorado National Monument, a unique series of canyons and mesas, overlooks the city on the west”
Grand Junction serves is a major commercial and transportation hub in the large area between the Green River and the Continental Divide. Highways include I-70 and U.S. 50, which connects Grand Junction with Montrose, Gunnison, and Pueblo, and to the west, it travels into the state of Utah.
Colorado as a Transportation Hub
Transportation and warehousing services are made easy by Colorado’s central location and infrastructure. For trucking services, Interstate 25 runs north to Buffalo, Wyoming and south to Las Cruces, New Mexico. Interstate 70, which also runs through Denver, connects I-15 near Cove Fort, Utah to I-695 near Baltimore, Maryland. Colorado is continually developing the freight rail system, making bulk transportation easy. Major airports include Denver International Airport and Colorado Springs Municipal Airport. With the booming economy, growing industries, educated workforce and excellent multi-modal transportation system, Colorado is an ideal location for warehousing services. Contact us today for more information on the best warehouse solutions for your company.