City Grill

Jack Tate 

President & CEO

ABC Rocky Mountain

Tate says the Denver-metro construction market remains strong, though performance varies by sector. “Multifamily, warehouse and office projects have seen notable declines, while data centers, power, infrastructure, manufacturing and transportation are growing. Public sector work is also robust due to recent education bond approvals totaling around $5.5 billion,” he says. 

While private sector projects face uncertainty and delays, Tate contends that demand for infrastructure will continue as the area’s population growth drives the need for public facilities.

“Our [regional] economy benefits from a diverse industry base that helps buffer against downturns in any single sector and a highly educated population that attracts investment from innovative and tech-driven companies,” he says. 

Large upcoming projects include large-scale expansions at Denver International Airport and the Cherry Creek West and Ball Arena redevelopment projects. Others like the Zyn factory, World Trade Center and United Flight Training Campus are expected to require substantial labor and contribute to market activity.