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How Modular Construction Could Ease Colorado’s Housing Affordability Crisis in 2023
It’s been a banner era for residential real estate in Colorado. Zillow ranked Colorado as having the fifth-highest typical home value of any state, a number that eclipsed $600,000 in 2022. The dark lining to this seemingly silver cloud is a statewide affordability crisis. Modular and other offsite construction represents a potentia[...]
Housing Affordability Crisis in Colorado: Denver, Colorado Springs and Grand Junction See No Signs of Improvement
The real estate market may have cooled by some measures, but the housing affordability crisis is still a serious problem in three major markets — Denver, Colorado Springs and Grand Junction – and isn’t showing any signs of improving. Common Sense Institute, a Denver-based research organization, released results of three studies[...]
March Madness in the Mile High City
This year, six games in the men’s Division I NCAA basketball tournament will take place in front of sold-out crowds at Ball Arena in Denver, four on Friday, March 17 (St. Patrick’s Day) with the two remaining games being played on Sunday, March 19. There are countless angles to the excitement and attention the games bring and th[...]
6 Indoor Golfing Spaces to Book Your Tee Time in 2023
With more than 30 indoor golf facilities serving up everything from cocktails to lessons to corporate event space, Colorado offers plenty of choices. Here’s a sample of Front Range options. Reservations are recommended for evening and weekend bays; it’s best to bring your own clubs and wear comfortable shoes. South Broadway Coun[...]
The Economics of Housing Inflation in Colorado: Exploring the Supply and Demand Imbalance
The lack of affordable housing in Colorado for middle and lower-income households is a lesson in economics. Unlike the healthcare market, which is muddled with third-party payors, the housing market is straightforward supply and demand analysis. Demand has been far outpacing the supply of housing for the last decade in both the owner[...]
Inside Colorado’s Post-Pandemic Golf Goldrush
At South Broadway Country Club, Kelly Huff is preparing to franchise his five-year-old business combining TrackMan bays, instruction and a cocktail bar. Joe Lynch and Winston Manley are so jazzed with the inaugural year of The Local Drive in RiNo, they’re set for expanding this year into Longmont and beyond. And still to open in Lo[...]
GenXYZ 2023 — Top 25
They’re uncommon achievers, whether as entrepreneurs, CEOs, nonprofit leaders, visionaries critical to their companies’ success or, in some cases, all of those roles. This year’s Top 25 Young Professionals figure to continue making a difference professionally and in their communities for years to come. Nominations for the 13th [...]
Celebrating 50 Years with ColoradoBiz Magazine — Spring 2023 Print Edition
It's incredible how quickly time can fly. I know we all felt that way when we paused to reflect on a major milestone accomplished here at ColoradoBiz. This year marks the magazine's 50th anniversary. From the day we started — you can ask Pat Wiesner yourself — to today, we remain amazed at the creativity of the Colorado entrepre[...]
Conserving Colorado’s Natural Treasures — Federal Conservation Funding and its Critical Role
Spring in Colorado means it’s time to start trading in your ski boots for hiking boots. As snowpack starts to melt away and access to the backcountry opens up, we can begin again our treks to explore the incredible sites across our state’s public lands. It’s also an opportunity to reflect on threats to federal conservation fund[...]
Grand Junction Economic Partnership Releases Economic Impact Report
While the Grand Junction Economic Partnership (GJEP) has experienced staff turnover over the past year, it has maintained a focus on supporting the greater community and now experiences increased stability with new leadership at its helm. In August 2022, Curtis Englehart accepted the role of GJEP’s Executive Director. Curtis Engle[...]
Gen XYZ Nominations Will Be Closing Soon — Nominate a Young Professional Today!
For more than a decade, ColroadoBiz has celebrated young Colorado professionals who are making a massive impact in their industries — all before they turn 40. Click here to submit a nomination. NOMINATE A COLORADO YOUNG PROFESSIONAL (Deadline is January 24th) We're looking for the new generation of go-getters, mobilizers and hot-s[...]
New Approaches to Affordable Housing in Resort Communities
Many cities within the U.S. are currently experiencing an affordable housing crisis. Nowhere is that more apparent than resort communities where unprecedented increases in the cost of housing have brought significant challenges to both current and future residents. Sperling’s Best Places finds housing in Aspen costs 707.4% more tha[...]
2023 Legislative Preview With 76 Group
With mid-term elections in the rear-view mirror, ColoradoBiz looked ahead to the 2023 legislative session and asked Ellie Reynolds and Matt LaCrue from the bipartisan, public-affairs firm, 76 Group, what to expect now that the dust has settled and the state’s governorship, Senate and House remain in Democrat control. 76 Group is a [...]
Three Towns in The Four Corners — A Cultural Insight Into Colorado’s Border Communities
Using wheelbarrows to transport the merchandise, Maria’s Bookshop moved into its current location in an old building in downtown Durango in 1992. Last year, it sold 100,000 volumes, many of them hardbacks. Tourists constitute about half the customers of Maria’s, a higher percentage during summer when the Durango & Silver[...]
Our Economy in 2023 — What to Expect
In 2023, the Federal Reserve will continue to battle inflation and hike rates reaching its terminal rate in the first half of the year, while inflation slowly dissipates. This will cause economic activity to slow, perhaps to a recession-like pace, causing financial markets to be choppy, yet producing positive returns. Will the econo[...]
Western Healthcare Alliance Bolsters Hospitals in Small Communities
Rural communities can thrive or falter by their jobs, schools and key services such as community hospitals. So, many rural Colorado hospitals are working together to find support and strength in each other while still maintaining their community roots. Nonprofit Western Healthcare Alliance (WHA), based in Grand Junction, provides an [...]
Financial Forecasting the for the Future of 2023 With Economics and Tarot
This time of year, economists are invited to podiums to offer their prognostications for the coming year. Sometimes it’s a perverse holiday ritual. Not wanting to stuff stockings with coal for the holidays, we tend to look for optimism even if we’ve spotted the Grinch. My favorite retired economist and predecessor with this colum[...]
Governor Polis Secures Woman-Owned Communications Technology Firm, Caliola, for Expansion in Colorado Springs
Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) formally announced today that Caliola, a 100% woman-owned communications technology firm that specializes in supporting the defense industry, has selected Colorado Springs, Colorado for expansion.[...]
Introducing ColoradoBiz’s 2022 CEO of the Year – John Street
A cousin of John Street once expressed surprise that such a creative soul would be drawn to a career in business. Street, an accomplished clarinet and piano player who studied business and accounting at Notre Dame, reasoned that he’s “ambidextrous” in terms of interests and aptitudes, and that, besides, business lends itself to[...]
Top Insights in the Colorado Job Market — A Look Back at 2022
2022 has been a spectacular year for the Colorado job market (at least from the viewpoint of the job seeker), with a reported nearly twice as many job openings as there as job seekers, giving people across the country yet another reason to move to the great state, home of the Rockies. If you’ve been contemplating a move to Colorad[...]
